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54 Prudential Financial Jobs

Product Development Intern

0-1 years

Kolkata, Mumbai, New Delhi + 4 more

1 vacancy

Product Development Intern

Prudential Financial

posted 16hr ago

Job Description

Prudential s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
Title: Product Development Intern
Location: Mumbai
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.

Employment Type: Full Time, Permanent

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Prudential Financial Benefits

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