Insurance Product Development Manager

Placements24

Gqeberha

Hybrid

ZAR 900,000 - 1,500,000

Full time

3 days ago

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Benefits offered by this job

Competitive salary

Fully remote

Medical, dental, and vision insurance

Generous paid time off

Job summary

Placements24 is seeking an innovative Insurance Product Development Manager to lead market-driven product initiatives. This fully remote role requires strategic thinking, market research, and collaboration with actuarial, marketing, legal, and IT teams to deliver robust products from concept to launch.

You will define roadmaps, manage regulatory compliance, monitor post-launch performance, and drive cross-functional execution while shaping the future of insurance solutions.

Qualifications

Bachelor's degree in business, marketing, or finance; MBA preferred.
At least 6 years in insurance product development or management.
Proven track record of launching insurance products.
Strong knowledge of insurance regulations and market dynamics.
Excellent leadership and cross-functional collaboration.
Strategic thinker with ability to translate insights into plans.

Responsibilities

Conduct market research and competitive analysis to identify opportunities.
Define product strategy, roadmap, and business requirements.
Collaborate with actuarial on pricing, reserving, and modeling.
Develop go-to-market strategies and product positioning.
Ensure regulatory compliance and internal policy adherence.
Monitor product performance post-launch and iterate.

Skills

Market research

Product strategy

Cross-functional leadership

Regulatory compliance

Project management

Pricing & modeling

Education

Bachelor's degree in Business/Finance/Marketing

MBA (preferred)

Job description

About the Role

Our client is seeking an innovative and strategic Insurance Product Development Manager to lead their product development initiatives. This is a fully remote position where you will be responsible for researching market needs, designing new insurance products, and managing their lifecycle from concept to launch. You will collaborate closely with cross-functional teams, including actuarial, marketing, legal, and IT, to ensure successful product delivery. This role is perfect for a visionary leader with a deep understanding of the insurance market and a passion for creating cutting-edge solutions.

Key Responsibilities

Conduct market research and competitive analysis to identify opportunities for new insurance products and enhancements.
Define product strategy, roadmap, and business requirements for new product offerings.
Collaborate with actuarial teams to develop pricing, reserving, and modeling strategies for new products.
Work with marketing and sales teams to develop go-to-market strategies and product positioning.
Oversee the product development process, ensuring compliance with regulatory requirements and internal policies.
Monitor product performance post-launch and identify areas for improvement or iteration.

Requirements

Bachelor's degree in Business, Marketing, Finance, or a related field; MBA preferred.
Minimum of 6 years of experience in insurance product development or management.
Proven track record of successfully launching new insurance products in the market.
Strong understanding of insurance regulations, market dynamics, and customer needs.
Excellent project management, leadership, and cross-functional collaboration skills.
Ability to think strategically and translate market insights into actionable product plans.

Benefits