Our client, is a key player in the insurance industry with strong base in almost all states of the federation. Regarded as one of the top five insurance firms in the country and also expanding their services to meet the desired need of its growing clients. As part of the expansion plan, they are currently looking to hire an experienced individual for the post of Head, Product Development and Channel Innovation.
Job DescriptionDescription:
To identify and commercially develop innovative business ideas across different market segments including Retail (especially the mass market), SME and Corporate.
Responsibilities:
- Identify clients, understand their needs and preferences, design new products and/or enhance existing ones according to customer needs, develop costing and pricing, conduct pilot tests, develop a product launch strategy, and provide marketing support.
- Designing innovative delivery channels for current and new products and services through identifying, developing, and monitoring the product channel mix.
- Working collaboratively with our technology, underwriting, claims and actuarial functions to develop new strategies and products by providing valuable new insights into customer needs, new technologies or business partners.
- Managing a research programme to keep abreast of new and emerging trends and technologies
- Defining, building and delivering concepts for new value creation through innovation in channels, products and services.
- Collaborating with internal and external partners to drive innovation initiatives through full process from idea to commercialisation.
- Managing the Innovation team and budgets to demonstrate return on investment within a reasonable time-frame.
- Carrying out other assignments delegated by the Group Managing Director from time to time.
JOB REQUIREMENTS
Education
- B.SC, M.Sc.
- Professional Qualification
Experience
- Ten years’ experience in similar role
- Experience in the financial services sector
- Flair for Marketing and Product
- Strategic Planning
- Managerial skills
Skills Required
- B.Sc and M.Sc
- Professional Qualification
- Ten years experience in similar role
- Experience in the financial services sector
- Flair for Marketing and Product
- Strategic Planning skills
- Managerial skills
What We Do
Fosad Consulting is an independent cross-industry HR and Engineering consulting firm. We partner with international and local companies seeking to accelerate the growth of their businesses by providing solutions that drive their businesses to succeed. Our solutions cater to multiple industries, including the oil and gas, financial services, telecommunications, transport, hospitality, healthcare and retail; and our projects are supported by professionals who have proven that they have what it takes to deliver against the odds to delight our clients. For over 20 years we have provided hands-on solutions to a number of global brands, hence we understand how they work, their expectations, as well as the need to constantly provide services that are top-notch and meet the required global standards. We are a leading provider of specialist Outsourcing solutions that extend to HR Services, Engineering, Expatriate Management protocols, Procurement, Learning & development interventions, Oil & Gas, and a host of services to some of the world’s most interesting brands. We are proud members of the Nigerian American Chamber of Commerce – a foremost organisation that seeks to bridge the gap between Nigerian businesses and their counterparts in the United States. We are also registered members of the Networking with the United States of America (NUSA) program; under the auspices of the US Commercial Service initiative in Nigeria. Part of our commitment to customer service means giving our clients honest, straightforward and, sometimes, even difficult advice. At Fosad we know you can’t afford to get it wrong and that’s why we do everything to make sure you get it right.
