Lead Insurance Product Developer

Placements24; Durban; Vor Ort; ZAR 1.500.000 - 2.100.000; Vollzeit

Benefits dieser Stelle

Executive salary and bonus structure

Health and wellness benefits

Long-term incentive plan

Relocation assistance

International travel opportunities

Professional development

Durban-based collaborative environment

Pension fund contribution

Zusammenfassung

Placements24 is seeking a Lead Insurance Product Developer in Durban to spearhead the evolution of the insurance product portfolio. You will drive strategy, run market research, and collaborate with actuarial, underwriting, sales, marketing, legal and compliance teams to design, develop and launch products meeting evolving customer needs.

The ideal candidate has a strategic mindset, strong analytical abilities, and deep insurance knowledge, with 7+ years in product development and a track record

Qualifikationen

• Master’s degree in a relevant field as stated in the requirements.
• 7+ years in product management or development within insurance.
• Proven success in launching and managing insurance products.
• Strong understanding of insurance principles, market dynamics and regulation.
• Excellent leadership, communication and stakeholder management.
• Experience with Durban market is a significant advantage.

Aufgaben

• Lead end-to-end product development from ideation to launch and post-launch review.
• Conduct market research and competitive analysis to identify opportunities.
• Collaborate with actuarial, underwriting, sales, marketing, legal and compliance.
• Define product requirements, features, pricing strategies and distribution plans.
• Develop business cases and financial models for new products.
• Oversee creation of product documentation, training, and marketing collateral.
• Monitor performance, collect feedback, and implement improvements.
• Stay updated on industry trends, risks, and regulatory changes.
• Manage and mentor a team of product analysts and specialists.

Kenntnisse

Strategic thinking

Analytical skills

Leadership

Stakeholder management

Project management

Ausbildung

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

Jobbeschreibung

About the Role

Our client, a progressive and rapidly expanding insurance company, is seeking an innovative Lead Insurance Product Developer to spearhead the creation and enhancement of their insurance product portfolio. This critical role is based in the vibrant coastal city of **Durban**. You will be responsible for driving product strategy, conducting market research, and collaborating with cross-functional teams to design, develop, and launch new insurance products that meet evolving customer needs and market demands. The ideal candidate will possess a strategic mindset, strong analytical skills, and a deep understanding of the insurance landscape, particularly within the **KwaZulu-Natal** region. This is an exciting opportunity to make a significant impact by shaping the future of our client's offerings in **Durban**.

Key Responsibilities

• Lead the end-to-end product development lifecycle, from ideation and market analysis to launch and post-launch review.
• Conduct comprehensive market research and competitive analysis to identify opportunities for new insurance products and enhancements.
• Collaborate closely with actuarial, underwriting, sales, marketing, legal, and compliance teams to ensure product viability and regulatory adherence.
• Define product requirements, features, pricing strategies, and distribution plans.
• Develop business cases and financial models to support new product initiatives.
• Oversee the creation of product documentation, training materials, and marketing collateral.
• Monitor product performance, gather customer feedback, and implement improvements to optimize offerings.
• Stay abreast of industry trends, emerging risks, and regulatory changes affecting the insurance market.
• Manage and mentor a team of product analysts and specialists.

Requirements

• A Master's degree in Business Administration, Finance, Marketing, or a related field.
• Minimum of 7 years of experience in product management or development within the insurance industry.
• Demonstrated success in launching and managing insurance products.
• Strong understanding of insurance principles, market dynamics, and regulatory frameworks.
• Excellent strategic thinking, analytical, and problem-solving skills.
• Exceptional leadership, communication, and stakeholder management abilities.
• Proficiency in project management and product development methodologies.
• Experience working within or with the **Durban** market is a significant advantage.
• Proven ability to translate market insights into successful product strategies.

Benefits

• Highly competitive executive salary and bonus structure.
• Comprehensive health and wellness benefits package.
• Generous long-term incentive plan.
• Relocation assistance available if needed.
• Opportunities for international travel and professional development.
• Access to cutting-edge technology and resources.
• A dynamic and collaborative work environment in beautiful **Durban**.
• Pension fund contribution.