insurance product manager

Insurance product managers set and direct the development of new insurance products, following the product lifecycle policy and the general insurance strategy. They also coordinate the marketing and sales activities related to the specific insurance products of the company. Insurance product managers inform their sales managers (or the sales department) about their newly developed insurance products.

Alternative Labels

assurance account manager

assurance branch manager

assurance lead

assurance office manager

assurance relationship manager

assurance sales manager

insurance account manager

insurance lead

insurance office manager

insurance product developer

insurance product development executive

insurance product development manager

insurance product manager

insurance relationship manager

insurance sales manager

Regulatory Aspect

To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database:

http://ec.europa.eu/growth/single-market/services/free-movement-professionals/qualifications-recognition_en

Skills & Competences

Essential Skills and Competences

advise on financial matters analyse financial performance of a company analyse financial risk analyse market financial trends create a financial plan create insurance policies develop financial products enforce financial policies follow company standards liaise with managers manage financial risk plan health and safety procedures plan marketing campaigns promote financial products strive for company growth supervise sales activities

Essential Knowledge

corporate social responsibility financial analysis financial management financial products financial statements insurance law insurance market marketing management principles of insurance sales strategies types of insurance

Optional Skills and Competences

create cooperation modalities deliver a sales pitch develop investment portfolio ensure cross-department cooperation manage staff obtain financial information perform market research recruit employees review investment portfolios sell insurance

Optional Knowledge

modern portfolio theory statistics

Concept URI

Concept Uri

http://data.europa.eu/esco/occupation/73856e9e-eca2-44c2-bb3c-aaedf4b25979

Status

released

Occupations