Insurance product managers often work with the highest executives to help develop and steer the company's offerings. You'll need years of experience in the insurance industry if you want to work in this position.
Instructions
1. Study for your undergraduate degree in a field like finance or business that will let you break into the insurance field. You may even be able to start your management career with an engineering degree or anything else that focuses on problem solving.
2. Intern with an insurance company while still in college to meet your potential employers. Even though product managers work with different material than entry-level sales representatives, the knowledge of the field you gain while interning will help you prepare for other positions and graduate course work.
3. Learn a second language to help improve your employment opportunities. The insurance market is very global and if you want to work as an insurance product manager, language skills will help set you apart from other applicants. Consider learning Spanish if you want to work in the United States so that you can help manage multicultural insurance offerings.
4. Apply to an MBA program to learn the business and management skills you need to work as a successful product manager. Study analyze market trends from a product prospective and learn how different factors influence insurance products and consumer confidence.
5. Work your way up in the insurance industry as an alternative to graduate school. Smaller firms may provide you with more opportunities to move up into managerial positions. Expect to have about 10 years of experience in insurance development and marketing before you are eligible for management positions at a large company.
6. Stay up to date on how insurance products can be marketed through the Internet. Grassroots and Internet marketing knowledge could help you land a specialized product manager position at a large company.
7. Take a certification course to become a registered product manager. These courses are offered by a variety of professional and private organizations and are open to people of all work backgrounds.
