Insurance Product Innovator - Hybrid & Growth

Placements24; Vereeniging; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Performance bonuses

Hybrid work

Health benefits

Career development

Impact on insurance

Job summary

Placements24 in Vereeniging seeks an innovative Insurance Product Development Specialist to conceptualize, design, and launch new insurance products. You will work closely with actuarial, marketing, and sales teams to ensure products are competitive, profitable, and compliant in the South African market.

This hybrid role offers a dynamic work environment, opportunities to shape the future of insurance offerings in Gauteng, and a clear path for career growth through cross-functional collaboration

Qualifications

• Bachelor's degree in a related field.
• Proven experience in insurance product development or similar role.
• Strong understanding of the insurance lifecycle and market dynamics.
• Excellent analytical and project management skills.
• Effective cross-functional collaboration abilities.
• Familiarity with South Africa insurance regulations.

Responsibilities

• Identify opportunities for new insurance products through market research.
• Design product features, pricing, and policy wordings.
• Collaborate with actuarial, marketing, and sales teams to ensure viability and profitability.
• Develop go-to-market strategies and launch materials.
• Ensure regulatory compliance and industry standards.
• Monitor and improve existing products.

Skills

Insurance product development

Market research

Strategic thinking

Project management

Communication

Education

Bachelor's degree in Business/Finance/Marketing

Job description

Placements24 in Vereeniging seeks an innovative Insurance Product Development Specialist to conceptualize, design, and launch new insurance products. You will work closely with actuarial, marketing, and sales teams to ensure products are competitive, profitable, and compliant in the South African market.

This hybrid role offers a dynamic work environment, opportunities to shape the future of insurance offerings in Gauteng, and a clear path for career growth through cross-functional collaboration