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PHI - Product Development Intern

PHI - Product Development Intern

Prudential plcBengaluru, Karnataka, India
2 hours ago
Job description

Job Summary

We are seeking a highly motivated Product Intern to join our New Product Development team within the Health Insurance sector. The successful candidate will play a crucial role in Shaping the Product Documentation & Risk Management Practice of Prudential Health

Key Responsibilities :

  • Risk Management : Analyze Product Construct from the angle of Risk, Long term sustainability and suggest Solutions to make it watertight.
  • Collaboration : Collaboration with Underwriting, Claims, New Business, Renewal, Compliance to draft Policy Conditions during the entire phase of the Customer Journey
  • Ownership : Take Ownership of Product Filing Documents from Drafting to Getting it approved from Compliance, Actuaries, Underwriting, Claims , New Business & Product Management Committee
  • Collateral Approval : Ensure Marketing Collaterals for the customer are in line with the Filed Product Documents
  • Regulatory Compliance : Ensure Policy Documents imbibe the extant IRDAI guidelines.
  • Competition Benchmarking : Compare & Execute Best Practices of Key Competition while Drafting Customer Facing Documents

Qualifications :

  • Education : MBA in Marketing /  MBA in Insurance / Actuarial Studies (min -4 papers cleared)
  • Skills :

  • Strong analytical and research skills, with the ability to interpret complex data.
  • Excellent communication and collaboration abilities.
  • Proficient in Microsoft Office Suite, particularly Excel and PowerPoint.
  • A keen interest in the health insurance industry and product development.
  • Benefits :

  • Gain hands-on experience in shaping the GTM strategy within the health insurance sector in a 0 to 1 team.
  • Good Monthly Salary, with an Opportunity to on the rolls for a New Green Field Health Insurer
  • Work closely with experienced product managers and industry professionals.
  • Develop a deep understanding of product development processes and strategies.
  • Opportunity to contribute to the launch of new health insurance products.
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    Intern • Bengaluru, Karnataka, India

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