Head, Product Development and Channel Innovation at Fosad Consulting Limited

Fosad Consulting Limited - Our client, a non-banking financial service institution is hiring highly intelligent, young and dynamic professionals with integrity for the position of a Product Development and Channel Innovation officer. The Head, product development and channel innovation officer will report to the group managing director on the organisations update.

Job Title: Head, Product Development and Channel Innovation

Location: Lagos, Nigeria

Job Description
Job Objectives: To identify and commercially develop innovative business ideas across different market segments including Retail (especially the mass market), SME and Corporate.

Primary Interface:
Internal: Sales Business Units, Brand Unit, and All Employees
External: Customers

Responsibilities

• Identify clients, understand their needs and preferences, design new products and/or enhance existing ones according to customer needs, develop costing and pricing, conduct pilot tests, develop a product launch strategy, and provide marketing support.
• Designing innovative delivery channels for current and new products and services through identifying, developing, and monitoring the product channel mix.
• Carrying out other assignments delegated by the Group Managing Director from time to time.
• Working collaboratively with our technology, underwriting, claims and actuarial functions to develop new strategies and products by providing valuable new insights into customer needs, new technologies or business partners
• Managing a research programme to keep abreast of new and emerging trends and technologies
• Defining, building and delivering concepts for new value creation through innovation in channels, products and services
• Collaborating with internal and external partners to drive innovation initiatives through full process from idea to commercialisation
• Managing the Innovation team and budgets to demonstrate return on investment within a reasonable timeframe

Qualifications
Skills and qualifications

Education

• B.SC, M.Sc or any related business management degree
• Professional Qualification

Experience

• Ten years’ experience in similar role
• Experience in the financial services sector
• Flair for Marketing and Product
• Strategic Planning
• Managerial skills

Additional Information
Applicants who do not qualify with the above criteria need not apply as only successful candidates will be contacted.