Product Development Officer

Job Overview

Job Description

Nair Systems is currently looking Product Development Officer for our UAE operations with the following terms & conditions.
Job Purpose:
The Product Officer role is to primarily support the Product Manager for Liabilities & Bancassurance products in achieving the business objectives for each product.
Experience:
• Minimum 4 years’ experience in similar positions.
Education:
• Bachelor Degree in Business Administration or any relevant field.
Other Skills Required for the Job:
• Analytical Excellent Analytical skills and attention to Details.
• Product Management Assists in the development of product plans and policies; Coordinate projects; Communicates changes and progress; Completes projects on time and budget; Supports project team activities.
• Communication Skills Strong verbal and written communication skills. Proficiency in English Teamwork Balances team and individual responsibilities; Exhibits objectivity and written and spoken openness to others’ views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Supports everyone’s effort to succeed.
• Planning/ Organizing and Control Prioritizes and plans work activities; Uses time efficiently. Leadership & Decision-Making Skills.
• Relationship Management Skills managing partners (where applicable) to obtain best available services and pricing for the Bank.
Duties and Responsibilities:
• Reviews current propositions against market competitors, identifying gaps and proposing recommendations for improvement.
• Identifying and reporting on business opportunities in target markets.
• Support the implementation of the retail strategy for Liability and Insurance products and
annual plan to achieve targeted sales and revenue figures.
• Drive development and acquisition strategies of direct sales and branch and alternate
channels for acquiring and cross-selling with the overall growth in revenue and profit.
• Interface with sales channels (DS, branches, Tele-Sales) to develop/ improve channels of
sourcing and servicing customers.
• Support the increase size of Deposit base through delivery of enhanced propositions which increase sales and reduce attrition.
• Support the Product Manager in interfacing with Sales, Ops, CCRD, IT, Marketing & other
departments for rollout of product enhancements, policy changes, training of sales teams, documentation and planned campaigns.
• Timely and effective management of required marketing communications and promotions by liaising with the Marketing team includes:
o Product Terms & Conditions
o Customer statements
o In Branch Marketing collaterals
o Direst Sales support materials
o Website banners and Online product content
o ATM screens
• Promotional SMS/Email Carry out monthly market intelligence on an ongoing basis throughout the year.
• Work with Business Performance team for provision of timely, meaningful MIS from which
recommendations for product improvement and enhancement can be made.
• Support Product Manager in preparation of the annual business plans for Liability and
Insurance products.
• Perform any other duties or responsibilities that are consistent with the role as assigned by management.
Joining time frame: 2 weeks (maximum 1 month)
Should you be interested in this opportunity, please send your latest resume in MS Word format at the earliest at