Elena Mashitskaya

Head of Product / Product Lead (Digital Insurance & Ecosystems)
Yerevan, AM.

About

Visionary Product Leader with over 12 years of experience driving digital transformation and growth in insurance and ecosystem development across MENA and Eastern Europe. Expert in Medical & Life insurance, B2C/B2B/B2B2C models, and partner strategies, consistently delivering significant financial impact and market expansion. Proven ability to lead cross-functional teams, shape product strategy, and achieve measurable results, including 15M+ QAR in premiums and 40% digital penetration across large customer bases.

Work

Qatar Insurance Company (QIC)
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Stream Owner / Product Lead, Medical & Life Digital Ecosystem

Doha, Doha, Qatar

Summary

As Stream Owner / Product Lead at QIC, Elena leads the Medical & Life digital stream across Qatar, UAE, and Oman, defining group-level product strategy, roadmap, and investment priorities for digital insurance ecosystems.

Highlights

Drove 15M+ QAR in cumulative retail Life premiums by owning digital strategy and funnels, establishing a scalable revenue engine and demonstrating strong P&L impact.

Achieved 40% app registration penetration (~170K registered users) across a 400K+ medical portfolio in Qatar, significantly reducing call center dependency and enhancing customer self-service capabilities.

Defined and led B2B medical portfolio migration strategy for UAE (800K–1.2M insured base), delivering digital onboarding and servicing journeys under regulatory constraints to reduce operational costs.

Launched digital-first Life insurance funnels for multiple products, achieving 10–12% visit-to-policy conversion, significantly outperforming industry benchmarks (2-5%) and driving premium growth.

Negotiated and structured partnerships with key ecosystem players (TPA, wellness, health-tech), defining integration models to expand market reach and create new revenue streams through ecosystem partnerships.

Renaissance Insurance
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Head of Product

Moscow, Moscow, Russian Federation

Summary

As Head of Product at Renaissance Insurance, Elena led a multi-product digital portfolio, managing 8+ cross-functional IT teams to scale product delivery and enhance customer satisfaction and operational efficiency.

Highlights

Improved 'Renaissance Health' mobile app CSI from 3.4 to 4.0 by redesigning key journeys and launching self-service capabilities for insured DMS customers, reducing support ticket volume.

Launched HR portal and operator dashboard, increasing process efficiency by ~20% and optimizing operational costs through automation, contributing to lower hiring needs.

Managed a portfolio of digital products (health mobile app, HR portal, operator dashboard, front/back-office systems) across 8+ cross-functional IT teams, scaling product delivery and establishing agile processes.

Delivered end-to-end product strategy and lifecycle management across multiple initiatives, optimizing post-release based on metrics and customer feedback to ensure continuous improvement.

Sberbank Insurance
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Product Lead

Moscow, Moscow, Russian Federation

Summary

As Product Lead at Sberbank Insurance, Elena launched a modified 'Card Protection' product and coordinated renewal projects to improve sales conversion and ensure compliance across multiple channels.

Highlights

Launched a modified version of the 'Card Protection' product tailored to sales channel requirements (bank branches), aligning methodology and IT changes to improve sales conversion and enable cross-selling.

Coordinated renewal projects across branches, online, and telemarketing channels, adjusting business processes and technical flows to improve sales performance and compliance.

Renaissance Insurance
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Product Manager

Moscow, Moscow, Russian Federation

Summary

As Product Manager at Renaissance Insurance, Elena developed and launched new personal insurance products, contributing to significant sales growth and seamless system implementation.

Highlights

Developed and launched new insurance products and programs, contributing to a 15% increase in sales volume across targeted segments and expanding market share.

Designed product parameters and led implementation in front-end and back-end systems, closely working with sales and operations to ensure seamless go-to-market execution.

Uralsib Insurance Group
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Product Manager

Moscow, Moscow, Russian Federation

Summary

As Product Manager at Uralsib Insurance Group, Elena managed the full product development cycle for personal insurance products across B2C, B2B, and B2B2C segments, ensuring market fit and efficient delivery.

Highlights

Owned the full product development cycle for personal insurance products (travel, accident, health) across B2C, B2B, and B2B2C segments, delivering end-to-end product ownership.

Launched a new front-end system for travel insurance processing and led the transition and training of the sales team to the new platform, improving sales efficiency and reducing processing time.

Education

Russian State University of Trade and Economics
Moscow, Moscow, Russian Federation

Higher Education

Finance and Banking, Economy

Languages

Russian
English

Certificates

AI for Managers

Issued By

Nebius Academy

Advanced Jobs To Be Done. The nature of a Product

Issued By

Ivan Zamesin

Data-Driven Product Management Simulator

Issued By

GoPractice, Inc

EF SET English Certificate (C1 Advanced)

Issued By

EF SET

How to make product and business decisions based on metrics

Issued By

Heroes.camp · Product Heroes Course

Team Leadership

Issued By

Yandex Practicum

Skills

Product Strategy & Management

Product Strategy, Portfolio Management, Roadmap Ownership, Product Lifecycle Management, Investment Decisions, Build vs Partner Analysis, Go-to-Market Strategy, Product Development, Product Ownership, Hypothesis Testing.

Insurance & Domains

Medical Insurance, Life Insurance, Digital Health, B2C Models, B2B Models, B2B2C Models, Embedded Insurance, Partner Ecosystems, Retail Insurance, Corporate Insurance, Card Protection.

Business Acumen

P&L Management, Unit Economics, Financial Impact Analysis, Premium Growth, Cost of Servicing, Business Process Improvement, Operations Management.

Methodologies & Tools

Agile, Scrum, Kanban, A/B Testing, Customer Journey Mapping (CJM), Customer Development (CustDev), Market Analysis, Competitor Analysis, OKRs (Objectives and Key Results), Data-driven Decision Making.

Data & Analytics

Funnel Analysis, Datalens, Power BI, Team Metrics, CSI (Customer Satisfaction Index), NPS (Net Promoter Score), Portfolio Performance.

Leadership & Collaboration

Cross-functional Leadership, Stakeholder Management, Team Building, Change Management, Engineering Collaboration, Design Collaboration, Analytics Collaboration, Marketing Collaboration, Legal Collaboration, Finance Collaboration.

Digital Transformation

Digital Ecosystem Development, Digital Adoption, Self-Service Capabilities, Digital-First Funnels, Legacy System Integration, Automation.

Market & Regulatory

Cross-market Delivery (MENA, Eastern Europe), Regulatory Compliance, Market Expansion, Partnership Development, Vendor Management.

Technical Concepts

Artificial Intelligence (AI).