Hybrid Short-Term Insurance Product Leader

Placements24; Benoni; Hybrid; ZAR 900,000 - 1,300,000; Full time

Job summary

Placements24 in Benoni is seeking a strategic Product Development Manager to lead the creation and enhancement of short-term insurance products. You will coordinate with underwriting, actuarial, marketing and claims to ensure profitability and competitive positioning, while guiding pricing, policy wording and regulatory compliance.

You will drive market analysis, business cases and roadmaps, balancing innovation with risk management.

Qualifications

• 5+ years in product management or development within short-term insurance.
• Proven track record of launching and managing insurance products.
• Strong understanding of short-term insurance principles, markets and regulation.
• Analytical, strategic thinking and problem-solving skills.
• Excellent communication and stakeholder management abilities.
• Able to collaborate with cross-functional teams.
• Experience in market research, financial analysis and business cases.
• Tertiary qualification in Business, Marketing, Finance or Insurance.
• Familiarity with InsurTech trends is advantageous.
• Ability to work in office and remotely.

Responsibilities

• Lead end-to-end product development lifecycle from ideation to launch and ongoing management.
• Conduct market research and competitor analysis to identify opportunities.
• Define product strategies, roadmaps and business cases aligned with objectives.
• Collaborate with actuarial teams to develop pricing structures and profitability models.
• Work with underwriting to define policy wordings, guidelines and risk appetite.
• Partner with marketing and sales to develop go-to-market strategies.
• Ensure product compliance with regulatory requirements and standards.
• Monitor product performance post-launch and gather feedback for improvement.
• Manage product portfolios and adjust to maintain competitiveness.
• Foster innovation and development of cutting-edge insurance solutions.

Skills

Product management

Market research

Stakeholder management

Pricing strategy

Regulatory compliance

Business case development

Cross-functional collaboration

Strategic thinking

InsurTech awareness

Education

Bachelor's in Business/Marketing/Finance/Insurance

Job description

Placements24 in Benoni is seeking a strategic Product Development Manager to lead the creation and enhancement of short-term insurance products. You will coordinate with underwriting, actuarial, marketing and claims to ensure profitability and competitive positioning, while guiding pricing, policy wording and regulatory compliance.

You will drive market analysis, business cases and roadmaps, balancing innovation with risk management.