Product Strategy Manager
IndusInd Bank · Gurgaon
- Experience8–9 yrs
- SalaryNot disclosed
- Work modeonsite
- Levelexecutive
- Posted11 Sept 2026
About IndusInd Bank
IndusInd Bank is hiring in Gurgaon in financial services. This role looks for around 8+ years of experience.
Skills
- Insurance product management
- Bancassurance
- Market intelligence
- Campaign management
- Regulatory compliance
- Insurance analytics
- Life insurance
- Strategic partnerships
The role
A life insurance product strategy manager at a banking and financial services company creates customer propositions and drives insurance portfolio growth through insurance product management, bancassurance, and market intelligence, while applying campaign management and regulatory compliance.
Full job description
Job title: Product Strategy Manager – Life InsuranceGrade Band: Middle ManagementLocation : Gurugram Office (Cyberhub)Reports to: Product Head – Life Insurance
Education and Work Experience Requirements:Preferred: Preferable MBA from Tier 1/Tier 2 college
WORK EXPERIENCEEssential requirement: 8+ years of experience, with relevant Product exposure in Insurance & Strategy having handled Product Role in Central Office in earlier roles in Life Insurance Co. / NBFC / Bank for 5+ yrs.
Role Details: This position serves as a key Sales, Product & Strategy driver to achieve overall Life Insurance (LI) growth for IBL in an open architecture environment. The position requires management of Life Insurance portfolio of the bank spanning Mass, Affluent and alternate channels. Driving Program, analytics and marketing and to ensure higher customer engagement and customer wallet penetration
Overall Job Description:This position serves as a Product & Sales Strategy driver to achieve overall Life Insurance (LI) business targets for IBL in an open architecture platform.Creating and executing product propositions for various customers segments /personas of the bank spanning from Mass, Affluent and Alternate channels.Driving Product Programs, Recognition, Analytic based campaigns to ensure higher customer and sales team engagement leading to an increase in life insurance penetration in the base.Design and execute processes for sales, business quality, and post sales services.Drive business quality and persistency.Support Business Target achievement across Life Insurance.Front end internal and external audits for life insurance business of the bankStakeholder engagement / communication on key business performance.Develop market intelligence to track key trends in the Life Insurance industry and competitive benchmarking, technology trends and regulatory changes.Managing healthy product and revenue mix for the bankMarket engagement / Customer communications on key business performance.Create customer propositions for various customer segments in the bankDevelop market intelligence to track key trends in the Insurance industry and competitive benchmarking, technology trends and regulatory changes.Create Management Business Cases & presentation for ReviewsCreate and execute insurance business processes in accordance with regulatory guidelines.Manage strategic tie-ups and identify new opportunities with insurance partners in open architecture environment.
Desired Behavioral / Functional TraitsProven track record in Insurance industry with experience in Product, Sales, Strategy and analytics, Bancassurance, client engagement, marketing & campaign management.Strong business acumen & communication skillsSharp analytical orientationAbility to effectively engage with senior stakeholders