Insurance Product Innovator (Hybrid Role)

Placements24; Bloemfontein; Hybrid; ZAR 600,000 - 1,000,000; Full time

Benefits offered by this job

Performance bonuses

Medical and retirement benefits

Professional development and industry/

Hybrid work model

Job summary

Placements24 is seeking an innovative Insurance Product Developer in Bloemfontein to design and refine insurance products for the South African market. You will lead market research, collaborate with actuarial, legal, and marketing teams, and drive products from concept to market while ensuring profitability and regulatory compliance.

The role emphasizes strategic thinking, cross-functional teamwork, and a focus on delivering competitive offerings.

Qualifications

• Minimum 4 years in insurance product development, management, or similar.
• Solid understanding of insurance principles, markets, and regulation.
• Strong analytical/problem-solving skills with data interpretation.
• Proven experience working with cross-functional teams.

Responsibilities

• Conduct market research and analyze industry trends to identify opportunities for new insurance products.
• Design, develop, and implement new insurance products and features across lines of business.
• Collaborate with actuarial teams to develop pricing models and ensure financial viability.
• Work with legal/compliance to meet regulatory requirements.
• Develop product documentation, marketing materials, and training guides.
• Monitor product performance and recommend improvements.

Skills

Analytical skills

Market research

Cross-functional collaboration

Project management

Regulatory knowledge

Education

Bachelor's degree in Business/Marketing/Finance

Job description

Placements24 is seeking an innovative Insurance Product Developer in Bloemfontein to design and refine insurance products for the South African market. You will lead market research, collaborate with actuarial, legal, and marketing teams, and drive products from concept to market while ensuring profitability and regulatory compliance.

The role emphasizes strategic thinking, cross-functional teamwork, and a focus on delivering competitive offerings.