Insurance Product Manager

Placements24; Sandton; Hybrid; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Competitive salary

Performance-based bonus

Fully remote work

Medical, dental, and vision insurance

Retirement plan

Job summary

Placements24 is seeking an innovative Insurance Product Manager to lead development and lifecycle management of our insurance product portfolio in a fully remote role with a base near Sandton. You will partner with sales, underwriting, and claims to build competitive solutions that satisfy customers and regulatory requirements.

The ideal candidate has 5+ years in product management within insurance, a business or MBA background, and a proven track record of launching and growing insurance

Qualifications

• Bachelor’s degree in Business, Marketing, Finance, or a related field (MBA preferred).
• 5+ years in product management with a strong focus on insurance.
• Proven track record of successfully launching and managing insurance products.
• Strong understanding of market trends, customer insights, and competitive landscape.
• Excellent strategic thinking, analytical and stakeholder management skills.

Responsibilities

• Develop and execute product strategies and roadmaps for the insurance portfolio.
• Conduct market research, competitive analysis, and customer needs assessments.
• Define product requirements, features, and specifications with cross-functional teams.
• Oversee product lifecycle from concept to launch and iteration.
• Monitor product performance, profitability, and market adoption; adjust as needed.
• Ensure compliance with regulations and internal policies.

Skills

Product management

Insurance industry

Market research

Strategy development

Data analysis

Education

Bachelor's degree in Business/Marketing/Finance or related

MBA preferred

Job description

About the Role

Our client is seeking an innovative and strategic Insurance Product Manager to lead the development and lifecycle management of their insurance product portfolio, working remotely with a base ideally located near Sandton. This pivotal role requires a deep understanding of market dynamics, customer needs, and regulatory landscapes to create competitive and profitable insurance solutions. You will collaborate across departments, including sales, marketing, underwriting, and claims, to ensure successful product launches and ongoing optimization. This is an exceptional opportunity for a seasoned product professional in the insurance sector to drive innovation and shape the future of the company's offerings within a flexible remote setting.

Key Responsibilities

• Develop and execute product strategies and roadmaps for the insurance portfolio.
• Conduct market research, competitive analysis, and customer needs assessments.
• Define product requirements, features, and specifications in collaboration with cross-functional teams.
• Oversee the entire product lifecycle, from concept and development to launch and iteration.
• Monitor product performance, profitability, and market adoption, making data-driven adjustments.
• Ensure all product offerings comply with relevant regulations and internal policies.

Requirements

• Bachelor's degree in Business, Marketing, Finance, or a related field; MBA preferred.
• 5+ years of experience in product management, with a significant focus on the insurance industry.
• Proven track record of successfully launching and managing insurance products.
• Strong understanding of market trends, customer insights, and competitive landscape.
• Excellent strategic thinking, analytical, and problem-solving skills.
• Superior communication, collaboration, and stakeholder management abilities.

Benefits

• Competitive salary and performance-based bonus structure.
• Fully remote work arrangement providing maximum flexibility.
• Comprehensive medical, dental, and vision insurance.
• Retirement savings plan with company contributions.
• Opportunities for continuous learning and professional growth in product innovation.