Saikat Paul
Senior Manager of Product Management @ORACLE FINANCIAL SERVICES SOFTWARE LIMITED
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WORK HISTORY
Senior Manager of Product Management @ORACLE FINANCIAL SERVICES SOFTWARE LIMITED
Bengaluru, IN
Spearheading the management of a comprehensive insurance product portfolio, focusing on critical areas such as IFRS17 regulatory compliance, loss reserving for general insurers, reinsurance settlement, and the development of key performance indicators (KPIs). Overseeing the strategic roadmap for product development, ensuring timely releases that align with market demands and organizational objectives, thereby enhancing competitive positioning. Evaluating emerging market trends and opportunities, formulating actionable strategies to expand the insurance product portfolio and enhance customer acquisition efforts. Conducting regular market assessments to identify gaps and opportunities for product enhancement, ensuring the portfolio remains competitive and relevant in a rapidly evolving landscape. Mentoring and guiding cross-functional teams to foster a culture of innovation and excellence, driving continuous improvement in product management practices. Collaborating closely with implementation partners, including leading consulting firms, to devise effective go-to-market strategies and optimize customer engagement initiatives.
EDUCATION
Xavier Institute of Management & Entrepreneurship, Bangalore
MBA, Finance
North Eastern Regional Institute of Science and Technology (NERIST)
Bachelor of Technology - BTech, Electrical, Electronics and Communications Engineering
ABOUT SAIKAT PAUL
Expertise spanning 18 years in the insurance and financial services sector, having successfully navigated multiple roles including Product Manager, Subject Matter Expert, Functional Consultant, Actuarial Analyst, Business Analyst & Solution Consultant. Directing efforts as a Senior Manager in Product Management at Oracle Financial Services Software Ltd, orchestrating initiatives aimed at optimizing insurance product portfolio while ensuring adherence to regulatory compliance standards. Played a pivotal role in the development of an innovative IFRS17 regulatory compliance solution, which has greatly supported insurers around the globe in meeting IFRS17 accounting standard, thus improving their operational effectiveness. Exhibited outstanding leadership capabilities by steering teams through complex consulting and implementation initiatives, guaranteeing alignment with client goals while nurturing an environment of ongoing enhancement. Maintained comprehensive expertise in managing the entire product lifecycle, from initial conceptualization and development to successful market launch, ensuring that all products align with customer requirements and business objectives. Proficient in driving product development through strategic planning, agile methodologies & cross-functional collaboration, resulting in tailored solutions for business growth. A strategist with excellence in steering the successful roll-out of products - defining scope, setting timelines, analyzing requirements, prioritizing tasks, identifying dependencies, and evaluating risks & issues as per preset budgets. Success in devising revolutionary operational strategies with a proven acumen in architecting & designing solutions for product & managing product development; driving vision, strategy, roadmap & release plans. Key People Leader, who has successfully led and motivated team in conceptualizing comprehensive go-to-market strategies & plans that included positioning, launch strategy and presales support.
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