Productmanager vacancies
Jobs, Career & Information
Looking for a job as a product manager in the banking or insurance sector? Explore vacancies in Belgium, role responsibilities, specialisations and career progression opportunities.
Productmanagement : at a glance
A product manager is responsible for:
- Product development and optimisation
- Monitoring market developments
- Profitability analysis
- Monitoring the impact of regulation and governance requirements
- Stakeholder management
- Project management
Examples of jobs as productmanager in the banking and insurance industry
What does a product manager do in the financial sector?
A product manager develops, manages and optimises financial products offered by banks and insurance companies.
You ensure that products meet market needs, customer expectations and the organisation’s strategic objectives. In doing so, you operate at the intersection of business, regulation, marketing and operations.
In practical terms, this means that as a product manager, you help determine how a product is structured, which target group it is intended for, how it is funded, how it is positioned commercially and how changes in regulation or market conditions are translated into the existing product offering.
Specialisations within product management
Which profiles are employers looking for?
Product management requires a combination of subject-matter expertise and strategic insight.
Typical backgrounds include:
- Master’s degree in economics, finance, law or business studies
- Experience in banking, insurance or consulting
- Strong analytical and conceptual thinking skills
- Understanding of financial products and markets
- Experience in stakeholder management
- Strong communication skills
For senior roles, employers often look for experience in product development, pricing or portfolio management.
Employers do not only consider qualifications or sector experience, but particularly the combination of:
- in-depth knowledge of products and markets
- the ability to translate regulatory requirements into concrete product decisions
- an understanding of profitability, pricing and target markets
- the ability to collaborate effectively with a wide range of stakeholders
- the ability to translate strategic ideas into concrete product changes
Career progression within product management
Product management offers career progression opportunities in several directions.
Possible career paths include:
- Senior product manager:
Greater responsibility for more complex products or larger portfolios - Head of Product / Product Lead:
Managing a team or product domain - Strategic or commercial management roles:
Greater focus on positioning, distribution and market strategy - Business development:
Greater focus on opportunities, partnerships and growth - General management:
Progression into broader management roles
We also see product managers move into areas such as strategy, project management, consulting or innovation.
Job market for product managers in Belgium
Product managers are key professionals within banks and insurance companies.
Demand is increasing due to:
- Growing product complexity
- Stricter regulatory and governance requirements
- Digitalisation of financial services
- The need for professionals who can connect business objectives, compliance requirements and customer needs
At Azuro, we are seeing growing demand for:
- Professionals who can combine business expertise with regulatory knowledge
- Product managers with a digital and innovative mindset
- Candidates with experience in specific product lines
- Professionals who can build bridges between different departments
Job opportunities can be found at:
- Banks and other financial institutions
- Insurance companies
- Fintech companies
- Consulting firms
Due to the combination of complex responsibilities, strategic thinking and stakeholder management required for the role, experienced product managers are in short supply.
Why choose a career in product management?
Many professionals choose product management because the role:
- combines subject-matter expertise with strategy
- has a direct impact on an organisation’s product offering
- is closely aligned with market and customer needs
- offers a high degree of collaboration and variety
- creates opportunities to progress into broader strategic roles
For candidates who want to combine in-depth expertise with tangible business impact, product management can be a particularly attractive career path.
Working as a product manager through Azuro
Bij Azuro begeleiden we professionals binnen banking en verzekeringen naar functies die aansluiten bij hun expertise en ambities.
At Azuro, we support professionals in banking and insurance in finding roles that match their expertise and ambitions.
We combine:
- In-depth knowledge of the Belgian financial sector
- Strong insight into product management and strategic roles
- Access to a strong network of employers
- Personal guidance and transparent communication
- A discreet approach tailored to your individual situation
We help you take a well-considered next step in your career.
Ready for your next career move?
Explore our vacancies and apply, or send us your CV so we can contact you when suitable job opportunities arise.
FAQ - productmanagement jobs
What does a product manager earn in Belgium (salary and career progression)?
The salary of a product manager in Belgium can vary significantly depending on experience, sector (banking, insurance, fintech), level of responsibility and the complexity of the product portfolio.
Indicative gross salaries:
- Junior product manager (0–3 years of experience): €3,000–€4,000 gross/month
- Mid-level product manager (3–7 years of experience): €4,000–€5,500 gross/month
- Senior product manager (7+ years of experience): €5,500–€7,000+ gross/month
For management positions, such as Head of Product, or highly specialised profiles, salaries can be even higher.
In addition to the gross salary, the overall remuneration package often includes a range of fringe benefits:
- Bonus or variable remuneration, often linked to individual performance or company results
- Company car or mobility budget
- Meal vouchers
- Group insurance / supplementary pension plan
- Hospitalisation insurance
- Net allowances
- Laptop and smartphone
In some organisations, particularly fintech companies or international groups, share plans or long-term incentive schemes may also form part of the package.
Product management roles generally also come with flexible and modern working conditions:
- Working from home: often possible 2 to 3 days per week
- Flexible working hours: a high degree of autonomy in organising your work
- Work-life balance: depending on the organisation, often better than in pure consulting roles
- International environment: in larger organisations, you will often work with international teams
In summary, product management offers a competitive salary and strong growth opportunities, with experience and impact playing an important role in the development of the overall remuneration package.
Do you need technical knowledge as a product manager in the financial industry?
Niet noodzakelijk technisch in IT-zin, maar wel inhoudelijk sterk. Werkgevers verwachten doorgaans dat je financiële producten, klantnoden, marktwerking en regelgeving goed begrijpt. In sommige organisaties is ook ervaring met pricing, data-analyse of digitale productomgevingen een plus.
Is there high demand for product managers in the banking and insurance sector?
Yes. Professionals with experience in banking or insurance, combined with a strategic and analytical mindset, are particularly in demand.
Can you progress from an operational role?
Yes. Many product managers start out in roles such as analysis, operations, underwriting or consulting and progress into product management.
What is the difference between product management and project management?
Product management focuses on the content, positioning, profitability and evolution of a product. Project management focuses on the delivery of a temporary initiative with a clearly defined scope, timeline and set of deliverables. In practice, the two functions often work closely together, but their objectives are different.