Remote Product Innovator for Short-Term Insurance

Placements24; Greater London; Hybrid; GBP 50,000 - 80,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Life cover

Retirement savings

Remote work flexibility

Continuous learning and development

Job summary

Placements24 is seeking a Product Development Specialist to design and launch new short-term insurance products from a fully remote setup in the United Kingdom. The candidate will lead market research, collaborate with actuarial, underwriting, and marketing teams, and ensure regulatory compliance across the product lifecycle.

The role requires a strong analytical mindset, project management skills, and a customer-centric approach to building competitive insurance solutions.

Qualifications

• Bachelor's degree in Business, Marketing, Finance, Insurance, or a related field is required.
• Minimum 3 years of experience in product development, product management, or a similar role within short-term insurance.
• Thorough understanding of short-term insurance products (e.g., household, motor, commercial).
• Knowledge of regulatory requirements and compliance issues in the insurance sector.

Responsibilities

• Conceptualize, design, and develop new short-term insurance products and features.
• Conduct market research, competitor analysis, and customer needs assessments.
• Collaborate with actuarial, underwriting, legal, and marketing teams throughout the product lifecycle.
• Ensure all new products comply with regulatory requirements and company standards.
• Develop product documentation, including policy wordings and sales materials.
• Manage product launches, including training for sales and support teams.
• Monitor product performance and identify opportunities for improvement or enhancement.
• Stay informed about industry trends, emerging risks, and innovative insurance solutions.
• Provide product expertise and support to internal stakeholders.
• Contribute to the strategic planning and roadmap for the product portfolio.

Skills

Analytical skills

Communication

Project management

Remote collaboration

Education

Bachelor's degree in Business, Marketing, Finance, Insurance, or a related field

Tools

Microsoft Office Suite

Job description

Placements24 is seeking a Product Development Specialist to design and launch new short-term insurance products from a fully remote setup in the United Kingdom. The candidate will lead market research, collaborate with actuarial, underwriting, and marketing teams, and ensure regulatory compliance across the product lifecycle.

The role requires a strong analytical mindset, project management skills, and a customer-centric approach to building competitive insurance solutions.