Lead Life Product Development & Innovation

JVR Software; Johannesburg; On-site; ZAR 1,000,000 - 1,800,000; Full time

Job summary

Johannesburg-based role within the Life insurance division of a leading insurance company seeks a Product Development Executive. You will drive new product development, leverage analytics to inform solutions, and chair a cross-functional forum.

You will monitor product performance, track regulatory changes, and share learnings through training sessions, while coordinating with marketing and pricing teams to shape product offerings.

Qualifications

• 3–5 years life insurance experience with some managerial exposure.
• Nearly qualified or qualified Actuary.

Responsibilities

• Develop a product development framework that drives the development and implementation of new and innovative life products.
• Leverage analytical capabilities and build tools to extract insights for new product solutions.
• Chair a product development forum to support the product development strategy.
• Monitor existing products to identify gaps and reassess design and structure for stakeholders.
• Keep up-to-date with product regulatory changes, trends and competitor offerings.
• Feed learnings into the business via product training sessions.
• Engage with BI, risk, legal & compliance, underwriting, reinsurance, and other stakeholders to develop product requirements and guides.
• Liaise with marketing on structuring new products and with pricing teams on product review.

Education

Bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related field

Job description

Johannesburg-based role within the Life insurance division of a leading insurance company seeks a Product Development Executive. You will drive new product development, leverage analytics to inform solutions, and chair a cross-functional forum.

You will monitor product performance, track regulatory changes, and share learnings through training sessions, while coordinating with marketing and pricing teams to shape product offerings.