Product Manager/strategy - Product Development Job in Oracle Corporation

Job Title: Product Manager - Life & Annuities Insurance Solutions

Company: Oracle
Location: Hyderabad

Position Summary

Oracle is looking for a Product Manager to join the Oracle Insurance Policy Administration (OIPA) team. OIPA is a market leader in Life Insurance Policy Administration, helping insurers streamline their operations on a single platform, running on the secure, scalable Oracle Cloud Infrastructure. This role involves owning the entire product lifecycle for Life & Annuities insurance solutions and driving the product strategy, innovation, and customer experience.

Key Responsibilities

Product Leadership:

• Own the end-to-end product lifecycle, from ideation to market launch, for Life & Annuities insurance solutions.
• Define and execute the product strategy, roadmap, and vision, aligning with organizational goals and market needs.
• Collaborate with cross-functional teams (engineering, design, marketing, sales, operations) to deliver customer-centric, scalable solutions.

Industry Expertise:

• Bring deep knowledge of Life & Annuities insurance products (term life, whole life, universal life, annuities, and riders).
• Lead the design and conceptualization of product templates and configurations to streamline implementation.
• Stay updated on regulatory, market, and technological trends to anticipate changes and opportunities.

Innovation with GenAI:

• Implement Generative AI-driven solutions to enhance product personalization, underwriting, customer service, and claims management.
• Collaborate with data science and engineering teams to develop AI-enabled tools and deliver innovative solutions.

Stakeholder Communication:

• Present complex ideas and strategies to stakeholders, clients, and leadership in a clear, compelling, and professional manner.
• Develop persuasive documentation, including business cases, product requirements, and technical specifications.
• Act as a thought leader, representing Oracle at industry events, conferences, and client meetings.

Implementation Expertise:

• Leverage experience in implementing Life & Annuities insurance products across multiple platforms.
• Partner with delivery teams to ensure seamless product launches and customizations, meeting client-specific requirements.

Additional Responsibilities:

• Gather and document business requirements for new enhancements and product developments.
• Collaborate with the product team to develop user stories, UI mock-ups, and analyze user feedback.
• Work with sales and marketing to develop high-quality product collateral and maximize product adoption.
• Conduct presentations and training sessions for internal stakeholders, customers, and partners.

Ideal Candidate Qualifications/Skills

• Education: Bachelor s or Master s degree in Commerce, Business, or Computer Science from a reputable college/university.
• Experience: 8+ years of experience in Life & Annuities insurance, with at least 6 years in life insurance.
• Solutioning Skills: Strong history of delivering extraordinary solutions to clients and managing implementation plans.
• Project Management: Ability to manage multiple projects, deadlines, and priorities in a fast-paced environment.
• Collaboration: Excellent collaboration and organizational skills; ability to work effectively across diverse teams.
• Self-Starter: Proactive, results-oriented, with a can-do attitude and focus on continuous improvement.
• Insurance Expertise: Prior implementation or product development experience in insurance policy administration systems.
• Certifications: Any certifications in the life insurance domain are a plus.