Senior Product Manager/strategy Job in Oracle Corporation

Job Title: Senior Product Manager/Strategy

Company: Oracle
Location: Hyderabad

Position Summary

Oracle is seeking a Product Manager for its Oracle Insurance Policy Administration (OIPA) product within the Life & Annuities insurance space. OIPA is a leader in the market for life insurance policy administration, offering scalable and flexible solutions for life insurers. As a Product Manager, you will lead the full lifecycle of these products, from ideation through to market launch, working closely with cross-functional teams to deliver customer-centric solutions.

Key Responsibilities

Product Leadership:

• Own the end-to-end product lifecycle 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 innovative, scalable solutions.

Industry Expertise:

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

Innovation with GenAI:

• Explore and implement Generative AI-driven solutions to enhance product personalization, underwriting, customer service, and claims management.
• Work closely with data science and engineering teams to develop AI-enabled tools and bring innovative solutions to market.

Stakeholder Communication:

• Present complex ideas and strategies to stakeholders, clients, and executive leadership in a compelling manner.
• Develop persuasive product documentation, including business cases, product requirements, and technical specifications.
• Represent Oracle at industry events, conferences, and client meetings.

Implementation Expertise:

• Leverage experience in implementing Life & Annuities insurance products across various platforms.
• Work with delivery teams to ensure seamless product launches and customizations.

Additional Responsibilities:

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

Ideal Candidate Qualifications/Skills

• Education: Bachelor s or Master s degree in Commerce, Business, or Computer Science from a reputed college/university.
• Experience: At least 8 years of relevant experience with a minimum of 6 years in Life & Annuities insurance.
• Industry Expertise: Strong experience in designing or implementing Life & Annuities insurance products.
• Solutioning Skills: Proven track record of delivering client-focused solutions and managing implementation plans.
• Project Management: Ability to manage multiple projects, deadlines, and priorities in a fast-paced environment.
• Collaboration: Strong organizational skills and the ability to work effectively across cross-functional teams.
• Self-Starter: Proactive, results-driven with a focus on continuous improvement and staying updated with emerging market trends and technologies.
• Certifications: Any certifications in the Life Insurance domain are a plus.

Preferred Skills

• Experience with Generative AI applications in insurance.
• Strong leadership and communication skills to engage internal and external stakeholders.
• Prior experience with insurance policy administration systems.