Emerging Products & Services Lead

Job Objective:

Grow stc’s InsurTech & Emerging Services play; and expand way-to-play and value proposition. Develop go-to-market strategy in line with strategy aspirations.

Job Specifications:

• Review, refine and finalize stc’s way to play across the InsurTech & Emerging Services value chain.

• Drive the next level of stc’s InsurTech & Emerging Services value proposition by strengthening the existing products & services and expanding in new target segments, products and services, customer benefits.

• Design, develop and execute annual roadmap, etc. with strong emphasis on cross functional collaboration, relationship with partners, lean deliveries, growth & customer experience.

• Develop business cases for target way-to-play and value proposition, size opportunity potential, secure required investments and ensure attractive ROI.

• Identify and detail all required enablers and work closely with internal and external stakeholders to secure them – including regulatory and legal, financing and budgeting, technology systems and tools, human resources, etc.

• Identify, select, and finalize any needed partnerships or inorganic opportunities to secure certain enablers.

• Define all development requirements and oversee the development, testing and delivery of commercially ready InsurTech & Emerging Services.\

• Work closely with Strategy, Marketing, and Sales departments to develop and enact go-to-market for the planned InsurTech & Emerging Services

• Manage performance of launched services by tracking KPIs against specified targets, reporting results on a regular basis to higher management, identifying root causes of underperformance if any, and taking corrective actions as needed.

• Design & execute campaigns and leverage data analytics to extract customer insights and enhance performance of launched products and services across segments.

• Leverage stc’s core service, digital & physical channels as a strong pillar for differentiated value proposition, way-to-play, hyper-scaling, and experience.

• Perform other duties as requested.

Qualification & Experience:

Minimum requirements:

• Bachelor’s degree in Business Administration / Marketing / Communications / Engineering or any other related field

• Proficiency in English & Arabic language

Preferred:

• Master’s degree in Business Administration / Marketing / Communications / Engineering or any other related field or MBA

Proficiency in English & Arabic language

• 8+ years of relevant experience in Insurance/ InsurTech/FinTech preferably in strategy or product development.

• Experience in telecom industry would be a plus point.