Insurance & Annuities Associate Product

Location: Mumbai, Maharashtra, India

Job Family: Product Management

About the Role

At JP Morgan Chase, we are building the future of financial services, and our Insurance & Annuities team is at the heart of delivering innovative products that empower clients to secure their financial futures. As an Insurance & Annuities Associate Product in our Mumbai office, you will play a pivotal role in product delivery, working on cutting-edge solutions in one of the world's most respected banks. This position within the Product Management category offers the opportunity to contribute to a dynamic portfolio of insurance and annuities products tailored for the Indian market, leveraging JP Morgan's global expertise in wealth management and risk solutions. You will thrive in an environment that values creativity, excellence, and collaboration, driving initiatives that enhance client experiences while adhering to stringent regulatory standards. Your day-to-day responsibilities will involve partnering with cross-functional teams—including engineers, designers, compliance experts, and sales—to ideate, develop, and launch product features that address evolving customer needs in the insurance sector. You will analyze market trends, competitive landscapes, and regulatory changes from bodies like IRDAI to inform product strategies, ensuring our offerings remain competitive and compliant. By defining clear product roadmaps and prioritizing deliverables using agile practices, you will help accelerate the delivery of high-impact solutions, such as digital annuities platforms and personalized insurance products, contributing directly to JP Morgan Chase's commitment to innovation in financial services. This role is ideal for a motivated professional passionate about the intersection of finance and technology, offering exposure to global projects and mentorship from industry leaders. Joining JP Morgan Chase means becoming part of a supportive culture that fosters professional growth, with access to world-class resources and a network spanning continents. If you are ready to build your career in product management while making a tangible impact in the insurance and annuities space, apply today to join our team in Mumbai and help shape the future of banking.

Key Responsibilities

• Develop and manage insurance and annuities product features to meet client needs and regulatory standards
• Collaborate with engineering, design, and compliance teams to deliver innovative product solutions
• Conduct market research and competitive analysis to identify opportunities in the financial services landscape
• Define product roadmaps and prioritize features using data insights and stakeholder input
• Ensure products align with JP Morgan Chase's risk management and compliance frameworks
• Monitor product performance metrics and iterate based on user feedback and business goals
• Support go-to-market strategies for new insurance and annuities offerings in the Indian market
• Facilitate agile ceremonies and drive cross-functional alignment for timely product delivery
• Contribute to the innovation pipeline by exploring emerging trends in financial products

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Computer Science, or a related field
• 2-4 years of experience in product management, financial services, or insurance/annuities products
• Strong understanding of insurance and annuities products, including regulatory requirements in the financial sector
• Proficiency in agile methodologies and product lifecycle management
• Excellent analytical and problem-solving skills with a data-driven approach
• Ability to collaborate across cross-functional teams in a fast-paced environment
• Familiarity with financial regulations such as those from IRDAI or SEC

Preferred Qualifications

• Advanced degree (MBA) in Finance or related discipline
• Experience working in a global banking environment like JP Morgan Chase
• Knowledge of digital transformation in insurance products
• Certification in product management (e.g., Certified Scrum Product Owner)
• Prior exposure to fintech innovations in annuities and wealth management

Required Skills

• Product roadmap development
• Agile and Scrum methodologies
• Financial product knowledge (insurance and annuities)
• Market research and analysis
• Stakeholder management
• Data analytics and visualization tools (e.g., Tableau, SQL)
• Regulatory compliance in finance
• Cross-functional collaboration
• Problem-solving and critical thinking
• Communication and presentation skills
• Project management tools (e.g., Jira, Confluence)
• Risk assessment in financial services
• Customer-centric design thinking
• Innovation and creativity in product features
• Technical aptitude for fintech integrations

Benefits

• Competitive base salary and performance-based bonuses
• Comprehensive health insurance coverage for employees and dependents
• Retirement savings plan with employer matching contributions
• Paid time off, including vacation, sick leave, and parental leave
• Professional development programs and tuition reimbursement
• Employee stock purchase plan and financial wellness resources
• On-site fitness centers and wellness initiatives
• Flexible work arrangements and hybrid work options in Mumbai

JP Morgan Chase is an equal opportunity employer.