Lead Insurance Product Manager

Placements24; Pretoria; Hybrid; ZAR 1,200,000 - 2,000,000; Full time

Benefits offered by this job

Medical and retirement plans

Leadership training

Hybrid work arrangement

Career advancement opportunities

Job summary

Placements24 is seeking a Lead Insurance Product Manager in Pretoria, Gauteng, to define the product vision, strategy, and roadmap for a range of insurance offerings. You will collaborate with marketing, underwriting, technology, and sales to launch new products and enhance existing ones in a hybrid work environment.

The role requires 8+ years in product management, with 5+ years in insurance. Strong leadership, strategic thinking, and knowledge of insurance regulations are essential to drive

Qualifications

• 8+ years in product management, with 5+ years in insurance products.
• Proven track record launching and managing complex insurance products.
• Deep understanding of insurance products, regulations, and market trends.
• Strong analytical and strategic thinking; translate data into insights.
• Excellent leadership, communication, and interpersonal skills.
• Experience with Agile/Scrum methodologies.
• Proficiency with product management tools and platforms.
• Bachelor's degree in Business/Marketing/Finance or related field; MBA or certifications are a plus.

Responsibilities

• Define product vision, strategy, and roadmaps for insurance products.
• Conduct market research, competitive analysis, and customer segmentation.
• Translate customer needs into detailed product specs and user stories.
• Prioritize development and manage the product backlog.
• Collaborate with engineering, design, marketing, sales, and legal throughout lifecycle.
• Develop and execute go-to-market strategies for new launches.
• Monitor performance, gather feedback, and iterate for improvement.
• Ensure regulatory compliance and industry best practices.
• Lead and mentor a team of product managers and analysts.
• Manage stakeholder expectations and communicate progress.

Skills

Product strategy

Leadership

Market research

Agile/Scrum

Data analysis

Stakeholder management

Communication

Team mentorship

Education

Bachelor's degree in Business or related field

MBA or relevant certifications a plus

Tools

Roadmapping tools

PM software

Job description

About the Role

Our client, a progressive insurance provider, is seeking a strategic and visionary Lead Insurance Product Manager to spearhead product development and innovation in Pretoria, Gauteng . This pivotal role involves defining the product vision, strategy, and roadmap for a range of insurance offerings. You will work closely with cross-functional teams, including marketing, sales, underwriting, and technology, to bring new products to market and enhance existing ones. The ideal candidate possesses a deep understanding of the insurance landscape, strong analytical and leadership skills, and a passion for creating customer-centric solutions. This is an exceptional opportunity to make a significant impact on our client's product portfolio and drive market leadership within the competitive insurance sector of Gauteng , operating under a hybrid work model.

Key Responsibilities

• Define and articulate the product vision, strategy, and roadmap for insurance products.
• Conduct market research, competitive analysis, and customer segmentation to identify new product opportunities.
• Translate customer needs and business requirements into detailed product specifications and user stories.
• Prioritize product development efforts and manage the product backlog effectively.
• Collaborate with engineering, design, marketing, sales, and legal teams throughout the product lifecycle.
• Develop and execute go-to-market strategies for new product launches.
• Monitor product performance, gather feedback, and iterate on products to drive continuous improvement.
• Ensure compliance with regulatory requirements and industry best practices.
• Lead and mentor a team of product managers and analysts.
• Manage stakeholder expectations and communicate product strategy and progress effectively.

Requirements

• A minimum of 8 years of experience in product management, with at least 5 years focused on the insurance industry.
• Proven track record of successfully launching and managing complex insurance products.
• Deep understanding of insurance products, regulations, and market trends.
• Strong analytical and strategic thinking skills, with the ability to translate data into actionable insights.
• Excellent leadership, communication, and interpersonal skills.
• Experience working with Agile/Scrum methodologies.
• Proficiency in product management tools and platforms.
• A Bachelor's degree in Business, Marketing, Finance, or a related field; an MBA or relevant certifications are a plus.
• Ability to thrive in a hybrid work environment, collaborating effectively both in-office and remotely.
• Strong understanding of the Pretoria market dynamics is advantageous.

Benefits

• Our client offers a highly competitive salary and benefits package, including comprehensive medical and retirement plans.
• Employees have access to ongoing professional development opportunities, including leadership training and industry certifications.
• This role provides a structured hybrid work arrangement, offering a balance between in-office collaboration and remote flexibility.
• Join a reputable organization that is committed to innovation and employee growth, with significant opportunities for career advancement within the dynamic insurance sector.