Job Summary

The Product Manager, Bancassurance plays a pivotal role in driving the strategic direction and success of bancassurance products within the bank. This position is responsible for conceptualizing and developing innovative product ideas tailored to various banking segments, while collaborating closely with insurance providers to ensure the best product propositions are secured. Leveraging deep subject matter expertise and a keen understanding of the external market landscape, the Product Manager identifies emerging opportunities and evolving customer needs, ensuring that product strategies are aligned with both the bank’s and insurance partners’ objectives.

Strategy
- Generate product ideas for various segments and negotiate with insurance providers for competitive offerings.
- Leverage market knowledge to guide product development and identify opportunities and customer needs.
- Align product strategy with both bank and insurance partner objectives.
- Support business planning for life insurance activities to meet targets and global strategies.

Business & Processes
- Define product features, pricing, and value propositions, and implement initiatives to boost efficiency and profitability.
- Apply product management throughout the lifecycle, ensuring compliant sales and smooth distribution.
- Optimize customer journey, onboarding, and operational efficiency.
- Provide accurate and timely management information.

People & Talent
- Deliver training programs and sales enablers.

Risk & Governance
- Address risk and compliance needs, adhering to group policies, procedures, and regulatory requirements.
- Oversee product approval, governance workflows, and integrate risk controls across all processes.

Regulatory & Business Conduct
- Uphold the Group’s Values and Code of Conduct, ensuring personal responsibility for ethics and compliance.
- Collaborate to identify, escalate, and resolve risk, conduct, and compliance issues.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.