Insurance Product Development Manager

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

Benefits offered by this job

Hybrid work model

Executive benefits package

Health and retirement benefits

Career growth opportunities

Job summary

Placements24 in Sandton seeks an innovative Insurance Product Development Manager to own the full lifecycle of insurance offerings. Based in our Sandton office with a hybrid work model, you will drive product strategy, market research, launch new products, and collaborate with actuarial, marketing, legal and sales teams.

The ideal candidate has a Bachelor's degree in business, marketing, or finance (MBA preferred) and at least seven years in insurance product development or related roles, with a

Qualifications

• Bachelor's degree in Business, Marketing, Finance, or related field; MBA preferred.
• Minimum of 7 years of experience in insurance product development, management, or marketing.
• Proven track record of successfully launching new insurance products.
• Strong understanding of insurance markets, regulations, and customer needs.
• Excellent strategic thinking, analytical, and project management skills.
• Exceptional leadership and cross-functional collaboration abilities.

Responsibilities

• Lead the design, development, and launch of new insurance products and features.
• Conduct market research and competitive analysis to identify product opportunities.
• Collaborate with cross-functional teams to ensure product viability, profitability, and regulatory compliance.
• Develop product strategies, roadmaps, and business cases.
• Manage the product lifecycle, including performance monitoring and enhancements.
• Train sales and support teams on new product offerings and features.

Skills

Leadership

Cross-functional collaboration

Strategic thinking

Project management

Education

Bachelor's degree in Business, Marketing, Finance, or related field; MBA preferred

Job description

About the Role

Our client is seeking an innovative and strategic Insurance Product Development Manager to lead their product initiatives, based out of their Sandton office with a hybrid work arrangement. This leadership role is responsible for the entire lifecycle of insurance products, from ideation and market research to launch and ongoing performance management. You will collaborate closely with actuarial, marketing, legal, and sales teams to design, develop, and implement competitive and profitable insurance solutions that meet evolving market demands. The ideal candidate is a visionary with a strong understanding of the insurance landscape and a proven ability to drive product innovation.

Key Responsibilities

• Lead the design, development, and launch of new insurance products and features.
• Conduct market research and competitive analysis to identify product opportunities.
• Collaborate with cross-functional teams to ensure product viability, profitability, and regulatory compliance.
• Develop product strategies, roadmaps, and business cases.
• Manage the product lifecycle, including performance monitoring and enhancements.
• Train sales and support teams on new product offerings and features.

Requirements

• Bachelor's degree in Business, Marketing, Finance, or a related field; MBA preferred.
• Minimum of 7 years of experience in insurance product development, management, or marketing.
• Proven track record of successfully launching new insurance products.
• Strong understanding of insurance markets, regulations, and customer needs.
• Excellent strategic thinking, analytical, and project management skills.
• Exceptional leadership and cross-functional collaboration abilities.

Benefits

• Highly competitive executive salary and bonus potential.
• Hybrid work model offering flexibility and work-life balance.
• Comprehensive health, retirement, and executive benefits package.
• Significant opportunities for leadership and career growth in product innovation.
• A dynamic and prestigious work environment in the heart of Sandton .