Product Manager - Insurance
Nimrod.Careers
- Nairobi
- Permanent
- Full-time
- Develop product vision, roadmap, and go-to-market strategy for the assigned insurance segment.
- Identify customer needs, market gaps, and competitive trends to shape product direction.
- Translate business objectives into product initiatives with clear KPIs and success criteria.
- Champion embedded insurance and platform-based distribution models.
- Define API-based integration opportunities with bank platforms, fintechs, telcos and third-party partners.
- Lead end-to-end product lifecycle from ideation, design, build, test, deploy and iterate.
- Collaborate with UX/UI designers to ensure intuitive, responsive, and user-friendly insurance experiences.
- Own the product backlog; manage requirements, prioritize features, and deliver stories in agile sprints.
- Drive technical discussions around insurance APIs, payment integrations, and digital claims workflows.
- Align product development with regulatory frameworks, compliance controls, and risk assessments.
- Define and monitor product performance through dashboards, usage analytics, and customer feedback loops.
- Measure product adoption, profitability, and customer engagement through defined KPIs.
- Lead rollout planning, change communication, and training support to internal users and partners.
- Champion continuous improvement through customer feedback and performance data.
- Support user onboarding and internal adoption of new insurance solutions and portals.
- Ensure that insurance products adhere to industry regulations, underwriting standards and AML/KYC compliance.
- Work closely with legal, risk, and actuarial teams to align product features with internal risk appetite.
- Participate in product reviews and audits; maintain strong documentation and governance.
- Act as the single point of accountability for product delivery to internal and external stakeholders.
- Work closely with distribution teams (Branches, Agents, Digital Channels, B2B Partners) to drive uptake.
- Align with IT, Operations, Underwriting, Claims, Marketing, and Legal to ensure seamless delivery.
- Provide regular product status reports, roadmap updates, and strategic inputs to leadership.
- Conduct market and competitor research to validate product features and pricing strategies.
- Gather customer insights through surveys, interviews, and behavioral data analytics.
- Use product feedback to refine offerings and identify cross-sell/up-sell opportunities.
- Deep domain expertise in insurance products Life, General, Bancassurance, Microinsurance or Health.
- Understanding of embedded insurance models, API-based insurance ecosystems and partner platforms.
- Strong knowledge of product lifecycle management in agile environments.
- Solid grasp of digital product principles, UI/UX best practices, and customer-centric design.
- Knowledge of regulatory frameworks governing insurance in East Africa.
- Hands-on experience in product management, agile delivery, and sprint ceremonies(Scrum).
- Understanding of user flows, wireframes, insurance APIs, and cloud-based product platforms.
- Strong ability to balance technical details with business goals.
- Excellent communication and interpersonal skills to influence cross-functional teams.
- Strategic thinking with execution discipline.
- Ability to work under pressure, manage ambiguity, and deliver within timelines.
- Bachelors degree in Insurance, Business, IT, Finance or related field.
- 5+ years of experience in insurance product development, preferably in digital insurance or bancassurance.
- Certification in Product Management, Agile (Scrum) or Insurance is an added advantage.
- Experience working with technology teams to deliver product features in fast-paced environments.
- Prior exposure to B2B, B2C or B2B2C insurance distribution models preferred.