Insurance Product Developer

Placements24; Cape Town; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Benefits package

Professional development

Collaborative team

Career advancement

Job summary

Placements24 is seeking an innovative Insurance Product Developer to join their team in Upington. You will lead the ideation, design and launch of new insurance products that meet market demands and drive growth.

You will collaborate with actuarial, marketing and sales to ensure products are competitive, profitable and compliant, while documenting features, pricing and regulatory considerations to shape the company’s future offerings in the Northern Cape.

Qualifications

• Proven experience in product development or product management within the insurance industry.
• Strong understanding of life, short-term, health insurance lines.
• Excellent analytical, research, and strategic planning skills.
• Ability to translate market insights into tangible product strategies.
• Strong project management and cross-functional collaboration skills.
• Familiarity with regulatory requirements affecting insurance product design in Upington.

Responsibilities

• Research market trends and customer needs to identify opportunities for new insurance products.
• Design product features, benefits, and pricing structures.
• Collaborate with actuarial teams to ensure product viability and profitability.
• Develop product documentation, including policy wordings and marketing materials.
• Coordinate product launch activities across relevant departments.
• Monitor the performance of existing products and recommend enhancements.

Skills

Product development

Product management

Market research

Strategic planning

Analytical skills

Cross-functional collaboration

Regulatory knowledge

Job description

About the Role

Our client is looking for an innovative and strategic Insurance Product Developer to join their team in Upington . This role is responsible for conceptualizing, designing, and launching new insurance products that meet market demands and contribute to the company's growth objectives. You will work closely with actuarial, marketing, and sales teams to ensure products are competitive, profitable, and compliant. This is an exciting opportunity for a creative thinker with a strong understanding of the insurance landscape in the Northern Cape to shape the future offerings of the company.

Key Responsibilities

• Research market trends and customer needs to identify opportunities for new insurance products.
• Design product features, benefits, and pricing structures.
• Collaborate with actuarial teams to ensure product viability and profitability.
• Develop product documentation, including policy wordings and marketing materials.
• Coordinate product launch activities across relevant departments.
• Monitor the performance of existing products and recommend enhancements.

Requirements

• Proven experience in product development or product management within the insurance industry.
• Strong understanding of various insurance lines (e.g., life, short-term, health).
• Excellent analytical, research, and strategic planning skills.
• Ability to translate market insights into tangible product strategies.
• Strong project management and cross-functional collaboration skills.
• Familiarity with regulatory requirements affecting insurance product design in Upington .

Benefits

• Competitive salary and comprehensive benefits package.
• Opportunity to shape innovative insurance solutions.
• Professional development and training programs.
• A collaborative team environment in a growing market.
• Potential for career advancement within the organization in the Northern Cape .