Life Insurance Product Analyst (f/m/x)

Job Description:

For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities.

Their deep understanding, insights, exp

ertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management division.

Together we can make a great impact for our clients home and abroad, securing their lasting success and financial security. 

Join Deutsche Bank Investment Solutions Team in Milan as product analyst. Drive innovation in product management and impact Life Insurance business with your contribution. Engage in collaborative projects within a vast network connecting major financial insurance hubs including Germany, Luxembourg and Ireland.

Key responsibilities

A Product analyst is responsible for managing all tasks needed to envision, develop, launch, and sustain viable services or product offerings. Work includes:

• Drive strategies for a successful products offering
• provide ongoing analysis of the product governance
• collaborate with key internal and external stakeholders to ensure a product offering consistent with DB view, highly valued by clients and compliant with legal and regulatory standards.

The candidate will be in charge for the following activities:

• Manage Life Insurance Product governance and support the constant improvement of the local offering & integration of a Private protection approach to the solutions designed for IPB clients
• Deal with Target market management and monitoring. Handle periodic regulatory check and relative reports.
• Manage relationships with life insurance partners (insurance companies and broker) and the maintenance of distribution an d collaboration agreement in line with the strategy designed by the Management of the Bank.
• Advise Client advisors about life insurance products, partner up with DB Front and Middle Office acting as Life Insurance point of contact.
• Work in close partnership with key internal stakeholders and DB Control functions.

Skills and experience:

• Knowledge of the Italian and international life insurance market environment. At least five years' experience within Wealth Management or Life Insurance company in a Product Management or Client Relationship function.
• Knowledge of relevant regulatory requirements for life insurance products in the European Union (in particular IDD, Mifid and any other local Italian/ Luxembourg and Irish regulations)
• Ability to partner up with Client advisors an a client oriented working style with a high attention to detail is prerequisite.
• Experienced and comfortable in conversing with third party partners and in leading discussions in 1-1 meetings and small groups.  
• Proficient in English communication and skilled at collaborating with diverse international teams. Fluency in German, French, Spanish considered a plus.

Well-being & Benefits

Emotionally and mentally balanced: We encourage work-life balance and we are committed to provide an environment with your development and wellbeing at its centre. We support you in dealing with life crises, maintaining stability through illness, and maintaining good mental health. We promote a culture where you can openly speak about mental health (Personal Support Line).

Physically thriving: We support you managing your physical health by taking appropriate preventive measures and providing an insurance coverage and welfare benefits.

Socially connected: We strongly believe in collaboration, inclusion and feeling connected to open up new perspectives and strengthen our self confidence and well being; we organize conferences, webinar and networking opportunities to share diversity, equity and inclusion contents.

Financially secure: We support you to meet personal financial goals during your active career and for the future. Benefit from meal allowance, Pension Fund, Welfare Plan, banking services for employees.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.