Insurance Product Manager

Placements24; Riverton (UT); Hybrid; USD 55,000 - 79,000; Full time

Benefits offered by this job

Competitive compensation and bonus

Hybrid work model

Health, retirement, and wellness

Professional development

Dynamic and innovative environment

Job summary

Placements24 is seeking an innovative Insurance Product Manager to lead product development, strategy, and roadmaps for insurance offerings in the Upington region. You will collaborate with actuarial, marketing, sales, and operations to shape products from concept to market.

The role requires 6+ years in product management with a focus on insurance, strong regulatory understanding, and a track record of driving growth.

Qualifications

• 6+ years in product management with a focus on insurance products.
• Strong understanding of the insurance lifecycle, market dynamics, and regulatory landscape.
• Ability to develop product strategies and roadmaps that drive business growth.
• Excellent analytical, problem-solving, and cross-functional collaboration skills.
• Bachelor's degree in Business, Marketing, Finance; MBA or relevant certification is a plus.

Responsibilities

• Define product vision, strategy, and roadmap for insurance products.
• Conduct market research, competitor analysis, and customer needs assessment to identify product opportunities.
• Develop detailed product requirements and specifications for new product launches and enhancements.
• Collaborate with actuarial teams on pricing, reserving, and financial modeling for products.
• Work with marketing and sales teams to develop go-to-market strategies and collateral.
• Manage the product lifecycle from ideation through launch and ongoing performance monitoring.
• Ensure product compliance with all relevant regulations and legal requirements.

Skills

Product management

Insurance expertise

Strategic thinking

Education

Bachelor's degree in Business/Marketing/Finance

MBA or certification (plus)

Job description

About the Role

Our client is seeking an innovative and strategic Insurance Product Manager to lead product development and management initiatives for their operations, serving the Upington region. This role is responsible for defining product vision, strategy, and roadmaps, ensuring our offerings meet market needs and drive business growth. You will work cross-functionally with actuarial, marketing, sales, and operations teams to bring new and enhanced insurance products to market. This is a key leadership role for someone passionate about shaping the future of insurance products.

Key Responsibilities

• Define and articulate the product vision, strategy, and roadmap for insurance products.


• Conduct market research, competitor analysis, and customer needs assessment to identify product opportunities.


• Develop detailed product requirements and specifications for new product launches and enhancements.


• Collaborate with actuarial teams on pricing, reserving, and financial modeling for products.


• Work with marketing and sales teams to develop go-to-market strategies and collateral.


• Manage the product lifecycle from ideation through launch and ongoing performance monitoring.


• Ensure product compliance with all relevant regulations and legal requirements.

Requirements

• Minimum of 6 years of experience in product management, with a significant focus on insurance products.


• Strong understanding of the insurance lifecycle, market dynamics, and regulatory landscape.


• Proven ability to develop product strategies and roadmaps that drive business growth.


• Excellent analytical, problem-solving, and strategic thinking skills.


• Strong cross-functional collaboration and communication skills.


• Bachelor's degree in Business, Marketing, Finance, or a related field; an MBA or relevant professional certification is a plus.

Benefits

• Competitive salary and attractive performance-based bonus opportunities.


• Hybrid work model offering a blend of office collaboration and remote flexibility.


• Comprehensive health, retirement, and wellness benefits.


• Opportunities for professional development and career advancement in product management.


• A dynamic and innovative work environment focused on product excellence.