Insurance Product Manager

Placements24; Sandton; Hybride; ZAR 900 000 - 1 500 000; Plein temps

Résumé du poste

Placements24 in Sandton, Gauteng seeks an experienced Insurance Product Manager to drive the development and lifecycle management of a diverse insurance portfolio. The role focuses on market opportunities, roadmaps, and collaboration with underwriting, actuarial, marketing, sales and IT to deliver innovative solutions.

The ideal candidate will demonstrate proficiency across ideation to launch, profitability, and customer satisfaction, navigating regulatory requirements and market dynamics in

Qualifications

• Master's degree in a relevant field is required.
• 6+ years of product management experience in insurance or financial services preferred.
• Strong analytical, strategic thinking and regulatory knowledge.

Responsabilités

• Develop and execute the product strategy and roadmap for assigned insurance lines.
• Conduct market research, competitive analysis, and customer needs assessments.
• Define product requirements, features and specifications for launches.
• Collaborate with underwriting, actuarial, marketing, sales and IT teams through the lifecycle.
• Manage launches, go-to-market plans and training materials.
• Monitor profitability, market share and ensure regulatory compliance.

Connaissances

Product lifecycle management

Market research

Stakeholder management

Agile product development

Insurance products

Formation

Master's degree in Business Administration, Marketing, Finance, or related field

Description du poste

About the Role

Our client, a leader in the insurance industry, is seeking an experienced and strategic Insurance Product Manager to drive the development and lifecycle management of their diverse product portfolio. This key role, based in the bustling hub of Sandton, Gauteng , requires a blend of market insight, product expertise, and strategic vision. You will be responsible for identifying market opportunities, defining product roadmaps, and collaborating with cross-functional teams to bring innovative insurance solutions to market. The ideal candidate will have a proven ability to manage products from conception through to launch and beyond, ensuring profitability and customer satisfaction. We are looking for a forward-thinking individual who can navigate the complexities of the insurance market and deliver exceptional value. This is a prime opportunity to shape the future of insurance offerings in Gauteng and beyond.

Key Responsibilities

Develop and execute the product strategy and roadmap for assigned insurance lines. Conduct market research, competitive analysis, and customer needs assessments to identify new product opportunities. Define product requirements, features, and specifications. Collaborate closely with underwriting, actuarial, marketing, sales, and IT teams throughout the product development lifecycle. Manage product launches, including go-to-market strategies and training materials. Monitor product performance, profitability, and market share, making adjustments as needed. Ensure products comply with all relevant regulations and legal requirements. Develop business cases and financial projections for new product initiatives. Act as a subject matter expert for assigned products. Analyze customer feedback and market trends to inform product enhancements.

Requirements

Master's degree in Business Administration, Marketing, Finance, or a related field. Minimum of 6 years of experience in product management, preferably within the insurance or financial services industry. Demonstrated success in managing the full product lifecycle, from ideation to launch and optimization. Strong understanding of insurance products, market dynamics, and regulatory environments. Excellent analytical, strategic thinking, and problem-solving skills. Proficiency in market research and data analysis techniques. Exceptional communication, presentation, and stakeholder management skills. Ability to lead and influence cross-functional teams. Experience in agile product development methodologies is a plus. Familiarity with the Sandton business district and the broader Gauteng insurance market is advantageous.

Benefits

Our client offers a highly competitive executive compensation package, including a significant base salary, performance bonuses, and comprehensive benefits such as medical aid, a retirement fund, and generous leave allowances. Opportunities for leadership development and career progression within a leading organization are extensive. This role provides a chance to innovate and lead in the dynamic insurance sector from our prime location in Sandton , Gauteng .