Head of Protection and Annuity Business

The Head of Protection & Annuity Business holds a key leadership role. This role oversees strategic direction, commercial performance, and customer value delivery for all (Individual & Group) Protection and Annuity lines.
 
Key Accountabilities

Strategic Leadership & Business Performance

• Define and execute the strategic roadmap for each business line ensuring alignment with customer needs, market trends, and the overall business goals
• Leverage customer research and market intelligence to shape product strategy and innovation, ensuring propositions are differentiated, relevant, and aligned with evolving customer expectations
• Understand and monitor profitability and performance of each product and business line and drive cross-functional initiatives to enhance commercial outcomes
• Present clear and concise updates on business performance and strategic direction to senior management and governance committees

Product & Proposition Development

• Lead and develop a team of product managers and proposition specialists to manage the end to end of a product`s lifecycle from development to product shut down, whilst fostering a positive, collaborative and inclusive culture
• Oversee the design, development and enhancement of all propositions, driving continuous improvement based on customer feedback, competitor analysis and market dynamics. Monitor and respond to demographic, economic, and regulatory trends affecting annuity pricing, longevity risk, and customer retirement planning needs and tailor solutions to the Irish Market.
• Oversee and manage delivery of any product specific regulatory change and associated regulatory documentation related to protection and annuity business including but not limited to CPC changes
• Partner with pricing, sales, marketing, operations, compliance and technology teams and reinsurance partners to deliver compelling product propositions and ensure sustainable pricing and capital efficiency for long-term protection and annuity products

Governance & Risk Management

• Act as a key member of a number of regulatory governance committees, ensuring robust governance across the product lifecycle, including risk assessment and performance monitoring
• Ensure compliance with regulatory standards and internal governance frameworks, promoting a culture of accountability and transparency.

Strategic and Team Leadership

• Serve as a key member of the leadership team, delivering best in class propositions where value for money and long term outcomes are central to the team's output
• Positively contribute to the broader leadership and management, role modelling the organisation's values and fostering a culture of high performance

Essential Skills & Experience

• 10+ years leadership experience in life assurance, with demonstrated experience designing and managing protection and annuity products within a life assurance company
• Deep understanding of life insurance products and their features

Please contact [email protected] or 016099404 for further information.

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