Senior Product Manager

Location: Milton Keynes and options of remote working

Reporting to: Head of Products

Permanent

Salary: £65,000 plus car allowance

An excellent opportunity for a Senior Product Manager to join a leading e-commerce business working across their financial services products. This role sits within the Commercial and Marketing Team. You would be responsible for managing and driving growth of credit and insurance products, this includes managing key product proposition lines across all channels

Key Responsibilities & Accountabilities:

Drive Performance

• Manage product P&Ls, and set & manage KPIs that align with the businesses strategic plans.
• Monitor business performance and proactively instigate remedial action when performance is not achieving KPI and targets.
• Work with external and internal providers to formulate pricing and operational tests to increase sales and retention.
• Support the Marketing team in creating marketing proposals, which support product strategy and drive key KPIs.
• Planning and owning activity to increase product usage among existing customers. This will include use of new propositions and pricing to simulate use, retention and reactivation of cards and insurance products

Achieve strategic goals

• Manage and maintain New Product Development and product lifetime value in line with the overarching strategic plan.
• Develop profitable segment acquisition and existing customer strategies – reviewing marketing distribution channels and business models by product and segment.
• Develop and document business cases for strategies for presentation to Leadership team.

Proposition Development and Management

• Lead the external monitoring and internal reporting of GI market and competitor developments, including pricing, to ensure products are competitively positioned in the market.
• Continuously review applicable products propositions to ensure they meet target customers' needs and to propose changes where appropriate.
• Work alongside colleagues across Commercial and Marketing to ensure product propositions are represented in a compelling way to customers.