Insurance Product Manager

Placements24; Upington; Hybrid; ZAR 960,000 - 1,200,000; Full time

Benefits offered by this job

Competitive salary

Incentives

Hybrid work

Health plan

Retirement plan

Career growth

Leadership development

Job summary

Placements24 seeks an innovative Insurance Product Manager to join the Upington team. You will lead development, launch, and lifecycle management of competitive insurance products, conducting market research and translating customer needs into actionable plans in a hybrid work environment.

You will collaborate with underwriting, actuarial, marketing, sales, and IT to define strategy, pricing, and features while ensuring regulatory compliance and strong performance in the Northern Cape region.

Qualifications

• Bachelor's degree in Business, Marketing, Finance, or related field; MBA a plus.
• Proven experience in product management within insurance.
• Strong understanding of insurance markets, products, and customer needs.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Effective communication and stakeholder management abilities.
• Demonstrated success in launching and managing products in a competitive environment.

Responsibilities

• Oversee end-to-end product lifecycle from ideation to launch and optimization.
• Analyze market trends, competitor offerings, and customer feedback for opportunities.
• Define product strategy, roadmap, and features aligned with business objectives.
• Collaborate with underwriting, actuarial, marketing, sales, and IT for delivery.
• Develop pricing strategies and monitor product performance against metrics.
• Ensure regulatory compliance and adherence to company standards.

Skills

Product management

Insurance industry knowledge

Analytical thinking

Strategic thinking

Problem solving

Communication & stakeholder mgmt

Market research

Education

Bachelor's degree

MBA

Job description

About the Role

Our client is seeking an innovative and strategic Insurance Product Manager to join their team in Upington . This role is responsible for the development, launch, and ongoing management of profitable and competitive insurance products. You will conduct market research, analyze customer needs, and collaborate with cross-functional teams to bring new product ideas to life. This is a unique opportunity for a market-savvy professional to shape the future of insurance offerings in the Northern Cape region, working within a hybrid model that supports both collaboration and focused work.

Key Responsibilities

• Oversee the entire product lifecycle, from ideation and market research to development, launch, and optimization.
• Analyze market trends, competitor offerings, and customer feedback to identify opportunities for new products or improvements.
• Define product strategy, roadmap, and features, ensuring alignment with business objectives.
• Collaborate closely with underwriting, actuarial, marketing, sales, and IT teams to ensure successful product delivery.
• Develop pricing strategies and monitor product performance against key metrics.
• Ensure all products comply with regulatory requirements and company standards.

Requirements

• Bachelor's degree in Business, Marketing, Finance, or a related field; MBA is a plus.
• Proven experience in product management, preferably within the insurance industry.
• Strong understanding of insurance markets, products, and customer needs.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Effective communication and stakeholder management abilities.
• Demonstrated success in launching and managing products in a competitive environment.

Benefits

• Competitive salary and performance-based incentives.
• Hybrid work arrangement promoting work-life integration.
• Comprehensive health and retirement benefits.
• Significant opportunities for career growth and leadership development.
• Chance to significantly impact product strategy in the Northern Cape insurance landscape.