Insurance Product Development Manager

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

Benefits offered by this job

Fully remote position with significant

Competitive salary

Health, dental and vision insurance

Retirement savings plan

Professional development

Job summary

Placements24 is seeking an innovative Insurance Product Development Manager to lead product innovation from ideation to launch. The role is fully remote and engages actuarial, marketing, legal, and IT to deliver market-ready products and features that meet evolving customer needs.

Join a visionary team driving growth in the remote insurance landscape with data-driven insights and trend analysis, shaping the future of our client’s product portfolio.

Qualifications

• 5+ years of experience in insurance product management or related field.
• Proven track record of launching insurance products or features.
• Strong understanding of insurance markets and customer needs.

Responsibilities

• Lead end-to-end development lifecycle of new insurance products from ideation to launch.
• Conduct market research and competitive analysis to identify opportunities.
• Define product strategies, roadmaps, and business cases aligned with objectives.
• Collaborate with actuarial to develop pricing structures and risk models.
• Work with marketing and sales on go-to-market strategies and positioning.
• Ensure compliance with regulatory requirements and risk standards.

Skills

Project management

Leadership

Strategic thinking

Remote teamwork

Education

Bachelor's degree in Business/Finance/Marketing or related field

Job description

About the Role

Our client is looking for an innovative and strategic Insurance Product Development Manager to lead their product innovation initiatives. This role is entirely remote and focuses on conceptualizing, designing, and launching new insurance products and features that meet evolving market demands and customer needs. You will collaborate with cross-functional teams, including actuarial, marketing, legal, and IT, to bring successful products to market. This is a unique opportunity for a visionary leader to shape the future of our client's product portfolio and drive significant business growth within the remote insurance landscape, utilizing data-driven insights and market trend analysis.

Key Responsibilities

• Lead the end-to-end development lifecycle of new insurance products from ideation to launch.
• Conduct market research and competitive analysis to identify opportunities for product innovation.
• Define product strategies, roadmaps, and business cases, ensuring alignment with company objectives.
• Collaborate closely with actuarial teams to develop pricing structures and risk models.
• Work with marketing and sales to create effective go-to-market strategies and product positioning.
• Ensure all new products comply with regulatory requirements and internal risk management standards.

Requirements

• 5+ years of experience in insurance product management, development, or a related field.
• Proven success in launching new insurance products or features.
• Strong understanding of insurance markets, customer needs, and industry trends.
• Excellent project management, strategic thinking, and leadership skills.
• Ability to work effectively in a remote , cross-functional team environment.
• Bachelor's degree in Business, Finance, Marketing, or a related field.

Benefits

• Highly competitive salary and executive bonus opportunities.
• Fully remote position with significant autonomy.
• Comprehensive health, dental, and vision insurance.
• Generous retirement savings plan.
• Significant investment in professional development and continued learning.