Hybrid Senior Insurance Product Architect

Placements24; Benoni; Hybrid; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Competitive salary package

Medical and retirement benefits

Hybrid work arrangement

Growth opportunities

Access to cutting-edge tools

Job summary

Placements24 seeks a Senior Insurance Product Developer to lead end-to-end design and launch of innovative insurance products in Gauteng. You will drive market research, define features and pricing, and collaborate with actuarial, legal and compliance teams.

You will mentor junior staff, manage post-launch performance, and stay ahead of industry trends to reinforce competitive positioning. Hybrid work in Benoni with growth opportunities.

Qualifications

• Bachelor's degree in Business, Finance, Marketing, Actuarial Science, or related field.
• 7+ years of experience in insurance product development, management, or strategy.
• Proven track record of launching innovative insurance products.
• Strong understanding of insurance principles, regulatory frameworks, and market dynamics.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Exceptional communication, presentation, and interpersonal skills.
• Proficiency in project management and ability to manage multiple initiatives simultaneously.
• Familiarity with Gauteng insurance landscape is an advantage.
• Experience with data analysis and market research tools.
• Relevant professional qualifications (ACII, FLMI) are a significant plus.

Responsibilities

• Lead the end-to-end development lifecycle of new insurance products, from ideation to launch.
• Conduct market research and competitor analysis to identify opportunities and gaps.
• Define product features, benefits, pricing strategies, and distribution plans.
• Collaborate with actuarial, legal, compliance, marketing, and operations teams throughout development.
• Develop product documentation including policy wordings and marketing materials.
• Ensure compliance with regulatory requirements and company policies.
• Manage product performance post-launch and analyze data for adjustments.
• Stay updated on industry trends and customer behavior to drive innovation.
• Present product proposals and strategy updates to senior management.
• Mentor junior members of the product development team.

Skills

Market research

Analytical skills

Strategic thinking

Problem solving

Communication skills

Project management

Manage multiple initiatives

Education

Bachelor's degree in Business, Finance, Marketing, Actuarial Science, or related field

Tools

Data analysis tools

Market research tools

Job description

Placements24 seeks a Senior Insurance Product Developer to lead end-to-end design and launch of innovative insurance products in Gauteng. You will drive market research, define features and pricing, and collaborate with actuarial, legal and compliance teams.

You will mentor junior staff, manage post-launch performance, and stay ahead of industry trends to reinforce competitive positioning. Hybrid work in Benoni with growth opportunities.