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Product Manager at Aditya Birla Capital

NEW
Location
Maharashtra
Job type
Full time
Posted 1 day ago
Description

About the job


Job Purpose


As a product manager, you will be responsible for scaling the biggest product to serve the growing needs of our sellers. You may work on improving customer engagement by driving product initiatives from inception through execution.


Job Context & Major Challenges


Job Context:Job Challenges: The Aditya Birla Capital (ABCL) has diverse, industry-leading businesses across multiple verticals, including lending, life insurance, health insurance, insurance booking, mutual funds, housing finance, wealth management, insurance advisory services, retail broking, distribution of third party products etc. Rationale for the role lies in advantage of integrating strategic alliances and fintech partnerships centrally for pan-ABCL to maximise benefit at the most optimum economics


Challenges


Build world-class digital platforms in a space where our competitors have already evolved their digital product offerings.


Aligning Digital Heads, along with each of their one downs to ensure effective alignment and rollout of ABC Digital guidelines to drive UI/UX synergy


Our tech approach is traditional which creates a challenge in imagining and delivering innovative and agile tech solutions for new-age user experience.


Develop seller empathy to raise plans and build products to satisfy their needs.


Collaborate cross-functionally with: Engineering, Design, Data Science, Marketing, Finance, Legal, Compliance, and Risk


Key Result Areas


KRA (Accountabilities) (Max 1325 Characters)Supporting Actions (Max 1325 Characters)


KRA1 Product Development/ Enhancement Product Development /enhancement plan for various existing products on existing platforms or through APIs on partner pages


Understand requirement jointly with respective product teams, BSG-IT and other stakeholders and undertake development of the requirements for the channel


Overlook progress of development throughout the life-cycle for on-time project delivery


Testing of the new developments for bug-testing / process gaps and take corrective action


Undertake enhancements for the various products to keep it relevant at all times


KRA2 Journey management for various products Support to channel to ensure delivery of different project journeys


Align and prioritize projects with the help of business projections


Review feedback from channel to enhance the digital experience


KRA3 Competition Benchmarking Competition Benchmarking for the products managed for channel


Review competition offerings for capabilities, features, process, UI/UX and benchmark it to the banks offering


KRA4 Live Projects Ensure go-live for projects / processes[ as well as support management and co-ordination for the project from concept initiation to Go Live


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Frequently Asked Questions

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Why Work at Aditya Birla Capital

Aditya Birla Capital, a part of the Aditya Birla Group, is a premier financial services conglomerate in India. The organization offers a diverse range of products and services across insurance, lending, asset management, and personal finance. Working at Aditya Birla Capital means being a part of a team that is not only committed to achieving business success but also dedicated to making a positive impact on society.

The company provides a dynamic work environment that promotes continuous learning and growth. Employees are encouraged to take ownership of their projects, with ample opportunities to move up the career ladder. Aditya Birla Capital recognizes and rewards talent, making it a great place for you to grow professionally and personally.

The company’s strong emphasis on ethical practices and sustainable business models guarantees that you are part of an organization that values integrity and corporate responsibility. Moreover, employees benefit from a wide range of incentives, wellness programs, and work-life balance initiatives that ensure a fulfilling career journey.

What's It Like to Work at Aditya Birla Capital

Joining Aditya Birla Capital means entering a workplace culture that is inclusive, collaborative, and innovative. The company fosters a culture of respect and inclusion, where diverse opinions and perspectives are valued. Teamwork is at the core of daily operations, and employees often collaborate on cross-functional projects to deliver outstanding results.

The company continuously invests in employee development through training programs, workshops, and seminars, helping employees stay abreast of industry trends and improve their skill sets. The leadership at Aditya Birla Capital plays a crucial role in mentoring and guiding employees, ensuring that every member of the organization has the mentorship they need to succeed.

Work-life balance is a priority here. Flexible working hours, remote working options, and generous leave policies help employees manage their professional and personal lives effectively. This holistic approach to employee well-being creates a productive and happy workforce, underscoring Aditya Birla Capital as an employer of choice.

What's It Like to Work as a Product Manager at Aditya Birla Capital

As a Product Manager at Aditya Birla Capital, you will play a pivotal role in shaping the company’s product strategies and ensuring their successful execution. The role demands a mix of strategic thinking, customer focus, and technical acumen. You'll be responsible for identifying market needs, developing product roadmaps, and collaborating with cross-functional teams to bring innovative financial solutions to market.

Your day-to-day responsibilities include conducting market research, managing product lifecycles, and analyzing competitive landscapes. You'll work closely with developers, designers, and marketers to ensure products align with customer needs and organizational goals. This role requires strong leadership and communication skills to drive product initiatives and gain stakeholder buy-in.

Working as a Product Manager at Aditya Birla Capital offers the opportunity to make significant contributions to the company’s growth while also impacting customers' financial well-being. You'll be part of a team that values creativity, innovation, and strategic foresight, making it an exciting place to advance your career.

Product Manager Interview Questions at Aditya Birla Capital

Candidates interviewing for the role of Product Manager at Aditya Birla Capital may encounter a range of questions designed to assess both technical competencies and cultural fit. Here are some examples of the questions you might face:

  1. Technical Competencies:

    • How do you approach market research and competitive analysis?
    • Can you explain a product lifecycle and how you manage it?
    • Describe a time when you successfully led a product launch. What challenges did you face, and how did you overcome them?
  2. Problem-Solving Skills:

    • How do you prioritize product features and make trade-offs?
    • Describe a complex problem you solved using data analysis.
  3. Leadership and Collaboration:

    • How do you handle conflicts within your team?
    • Can you provide an example of how you have led a cross-functional team to achieve a goal?
  4. Cultural Fit:

    • Why do you want to work at Aditya Birla Capital?
    • How do you align your personal values with our organizational values?

Product Manager Interview Preparation at Aditya Birla Capital

Preparation is key to acing the Product Manager interview at Aditya Birla Capital. Start by understanding the company’s products, services, and market position. Reviewing the company’s annual reports, press releases, and product announcements will provide you with insights into its strategic goals.

Brush up on your understanding of financial products and current industry trends. Familiarize yourself with common tools and methodologies used in product management like Agile, Scrum, or Kracklin. Having a solid grasp of the technical and strategic aspects of product management will be crucial.

Mock interviews are immensely beneficial. Practice with peers or mentors to refine your responses and get feedback on your presentation and communication skills. Focus also on behavioral interview questions, as demonstrating how you handle real-life situations will be important.

Product Manager Interview Tips at Aditya Birla Capital

  1. Research and Know the Company: Understanding Aditya Birla Capital’s business model, product lines, and company culture can set you apart from the competition. Demonstrating this knowledge shows your genuine interest and initiative.

  2. Be Clear and Concise: Communicate your thoughts clearly and don’t ramble. High-level communication is vital for a Product Manager role, and being concise reflects your ability to convey information effectively.

  3. Showcase Your Leadership Skills: Provide examples where you demonstrated leadership, whether in managing a team, leading a project, or advocating for a product enhancement.

  4. Emphasize Collaboration: Highlight your experience of working in cross-functional teams and how you have achieved outcomes through collaboration.

  5. Be Passionate: Convey your enthusiasm for the role and the company. Passion can be a deciding factor, as it indicates your drive and future engagement with the company’s goals.

By preparing thoroughly and presenting your skills and experiences with clarity and enthusiasm, you position yourself as a strong candidate for the Product Manager role at Aditya Birla Capital.