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Product Executive

Salary: €Negotiable

Minimum 4 years’ experience in the General Insurance sector
Solutions driven with focus on the customer experience
Works to the standards of excellence with a focus on continued improvement
Strong with Microsoft office application, especially PowerPoint, excel and word
Highly process driven
Excellent analytical skill set
Demonstrate a strong ability to work on own initiative
Excellent organisational, time management & attendance record is essential for the role
Open minded and critical thinker
Ability to implement ideas and bring to fruition
Excellent personal communication, negotiating and presentation skills
Strong understanding of the product development process and project management principles
Ability to work under pressure on simultaneous tasks
Strong account management skills
Working knowledge of competitive insurance products, business practices, markets and competitors.
Good working knowledge of insurance regulation including, but not limited to, Central Bank consumer regulation, Insurance regulation and DP legislation

Main Tasks
General Qualifications:
Business or Sales related area degree
CIP qualified or grandfathered status

The primary tasks of the role are:
Engage with Insurers and internal departments to implement product developments/changes, rate changes, documentation updates, scheme changes etc.
Contribute to the management and development of new and existing products relating primarily to Motor and LCV. The role will require flexibility to take on additional requests as per business requirements
Daily communication with Operations to effectively deliver new insurance products and existing product changes
Liaise with UAT to ensure products are fully tested and delivered to requirements
Engage with, and help to, manage and develop relationships with business partners, such as Insurers
Develop new business opportunities across the business, identifying key profitable segments for promotion, cross-sell & retention strategies
Co-ordinate the roll-out of new products and product developments across the company through effective and accurate communications
Undertake and present analysis regarding product suitability and competitiveness, and market developments and opportunities/threats, with appropriate recommendations and actions
Challenge current business practices for acquisition and retention of customers
Overall, support the business in delivering its business objectives
Co-ordination of Insurance Board
Organise operational meetings with our trading partners and ensure minutes and actions are carried out within the expected timeline
Assist in customer complaint resolution. This involves making representations to insurers and negotiating on behalf of the businesses consumer
Review, and amend if necessary, documentation including policy booklets, Members handbooks and all consumer letters.

Job Outputs
The tangible outputs that this role produces are:

Project delivery, programme launch and follow-up activities
Contribute to achievement of annual Insurance Budgets
Manage the motor P&L account
Contribute to achieving monthly motor targets set out by the business
Develop and maintain healthy insurer relations
Develop and maintain internal relations with various stakeholders across our business
Continuous product development through innovation
Challenge existing processes and progress alternative solutions that will improve efficiencies for the business

 

ELLEN BYRNE

INSURANCE AND COMPLIANCE EXECUTIVE SEARCH CONSULTANT
Email: [email protected]
Phone: 01-63 44 990