HO Product Team - TPP-HO & SUPPORT-Third Party Products

Kotak Mahindra Bank

Oct 16, 2024

Applications are closed

Job
Full-time
Expert Level
Business, Operations & Strategy
Product
Mumbai

Requirements

Ability to understand the larger industry, organization’s priorities, and develop a clear roadmap for owned products.
Highly skilled in prioritizing the roadmap and communicating the same to a diverse audience comprising management, central leadership & regional leadership and other teams.
Brings new insights and ideas by using industry knowledge, competitive analysis, regulatory changes, and technology innovations to drive business
Exhibit a data-driven approach but also comfortable in dealing with ambiguous situations intuitively with sound business acumen.
Minimum 10+ years of experience in product management/ financial industry and products
Excellent problem-solving and design skills with an ability to define a clear problem statement, user scenarios, use cases including edge cases, and the underlying assumptions.
Ownership attitude to ensure that product is not just designed and developed, but also adopted by the target audience.
Collaborative personality and leadership skills to work with a diverse set of colleagues and drive execution without having direct authority.

Responsibilities

Ability to understand the larger industry, organization’s priorities, and develop a clear roadmap for owned products.
Highly skilled in prioritizing the roadmap and communicating the same to a diverse audience comprising management, central leadership & regional leadership and other teams.
Brings new insights and ideas by using industry knowledge, competitive analysis, regulatory changes, and technology innovations to drive business.
Exhibit a data-driven approach but also comfortable in dealing with ambiguous situations intuitively with sound business acumen.
Ownership attitude to ensure that product is not just designed and developed, but also adopted by the target audience.
Collaborative personality and leadership skills to work with a diverse set of colleagues and drive execution without having direct authority.
Driving General Insurance Product across channels and take the responsibility of numbers.
Ideate and Explore ways in increasing the business through drives, campaigns and contests.
Will be responsible for incrementally adding to topline growth through constant endeavors to improve the overall value proposition of the product, identifying cross-selling/up-selling opportunities and implementing them.
Effectively planning the strategies by understanding the business dynamics, gap analysis, interacting with key stakeholders and framing implementation plan for seamless execution.
Design and implementing product positioning, messaging and Go-To-Market Strategy across offline and online channels.
To ensure high quality launch materials, customer presentations and sales training.
Have a keen eye to track the latest offering and developments in the market and become a repository for market.

FAQs

What is the primary focus of the role in the HO Product Team for Third Party Products?

The primary focus of the role is to drive General Insurance products across various channels and be responsible for achieving business numbers.

What are the required years of experience for this position?

A minimum of 10+ years of experience in product management within the financial industry and products is required.

What kind of approach is expected in the role regarding decision-making?

A data-driven approach is expected, along with the ability to deal with ambiguous situations intuitively and with sound business acumen.

Who will the successful candidate interact with regularly?

The successful candidate will interact with Sales and Distribution Team, GI Product Team, Process, Ops, Underwriting, Marketing, IT, and KGI.

What competencies are critical for success in this role?

Critical competencies include analytical skills, domain knowledge, coordinating skills, project management capabilities, problem-solving abilities, and the ability to lead and grow the team.

What are some of the key responsibilities of this role?

Key responsibilities include driving topline growth, identifying cross-selling/up-selling opportunities, planning strategies based on business dynamics, designing product positioning and Go-To-Market strategy, and ensuring high-quality launch materials.

How will success be measured for this position?

Success will be measured by the quantity of business numbers achieved and the quality of the impact on business numbers based on initiatives and drives from the Central Office.

Is knowledge of market trends important for this role?

Yes, having a keen eye to track the latest offerings and developments in the market is important, as it helps in becoming a repository for market knowledge.

What kind of leadership skills are required for this position?

Collaborative personality and leadership skills are required to work effectively with a diverse set of colleagues and drive execution without having direct authority.

Are problem-solving and design skills important in this role?

Yes, excellent problem-solving and design skills are essential, particularly in defining clear problem statements, user scenarios, and use cases.

Kotak Mahindra Bank

Finance

Industry

10,001+

Employees

Mission & Purpose

Kotak Mahindra Bank is a leading Indian financial services conglomerate that offers a wide range of banking and financial products, including personal, corporate, and investment banking services. They provide solutions such as loans, savings accounts, insurance, asset management, and wealth management. Kotak Mahindra Bank’s ultimate mission is to drive growth by delivering innovative and customer-centric financial services while maintaining the highest standards of integrity and professionalism. Their purpose is to empower individuals, businesses, and institutions by offering tailored financial solutions that enhance their financial well-being and support economic progress.