Product Governance Manager

Location: Central Manchester - Hybrid

Salary: £46k 

Are you a highly skilled professional with a passion for product governance in the insurance industry? Join a leading UK insurance provider as their Product Governance Manager, where you'll play a pivotal role in ensuring that their products are not only fit for purpose but also provide exceptional value to customers while adhering to legal and regulatory standards.

Role Purpose:

As the Product Governance Manager, you will:

• Ensure adherence to the Product Governance Business Standard and Framework.
• Monitor that products meet the needs of customers, ensuring Fair Value, legal compliance, and regulatory expectations.
• Seek opportunities to enhance customer outcomes and improve product offerings.
• Support the development and delivery of new and existing products or services across Own Brands and Corporate Partner arrangements.

Key Responsibilities:

• Serve as the primary Product Governance SME, providing expert guidance on product governance.
• Ensure product offerings meet customer requirements and adhere to the Product Governance Framework.
• Lead Product Reviews and Financial Value Assessments (FVAs), ensuring effective management of outcomes and actions.
• Oversee the analysis, interpretation, and management of FVA/PR documents from insurers and distributors.
• Take accountability for value and utility reporting, conducting analyses, and driving the implementation of actionable outcomes.
• Prepare key documentation such as the Product Governance Framework and lead Product Governance Internal Challenge sessions.
• Act as the go-to subject matter expert for enterprise-wide projects, ensuring effective stakeholder management.
• Maintain a deep understanding of customer needs, market trends, and product propositions while fostering strong relationships across the business.
• Provide line management to Product Executives, driving personal development, training, and performance management for both yourself and your team.

Skills & Experience:

Must Have:

• In-depth knowledge of insurance products.
• Understanding of the general insurance market, including evolving customer needs, technology, and regulation.
• A strong grasp of Product Governance and the regulatory environment in general insurance.
• Ability to critically evaluate information and communicate findings clearly.
• Excellent stakeholder management and communication skills.
• Proven ability to manage multiple deliveries to meet deadlines.
• Chartered Insurance Institute qualification.

Preferred:

• Experience in people management, with a focus on developing talent and maintaining high performance.

Why Join Us?

Join a top UK insurance provider and become part of a dynamic and innovative environment where you’ll have the opportunity to influence key decisions, work with diverse stakeholders, and drive impactful change. We offer a competitive salary, professional development opportunities, and a supportive work culture.

If you're a seasoned professional with a passion for product governance and customer-centric solutions, we'd love to hear from you!

Apply Now and make a meaningful impact with a leading name in the UK insurance industry!