Product Expert: Development & Management

Old Mutual Life Assurance Company (SA) Ltd; Cape Town; On-site; ZAR 550,000 - 750,000; Full time

Job summary

Old Mutual Life Assurance Company (SA) Ltd is seeking a versatile professional to bridge product strategy and execution. You will drive proposition development, conduct research, and translate insights into robust business cases and requirements.

The role spans the full lifecycle from concept to launch and optimization, interfacing with operations, sales channels, technology teams and governance. Ideal candidates have 5–8 years in product development or business analysis within financial

Qualifications

• Bachelor's Degree or NQF Level 7 in a related field.
• Business Analysis certification would be advantageous.
• 5–8 years in Product Development, Product Management, or related areas.
• Experience in Financial Services or Insurance is advantageous.

Responsibilities

• Review customer, market and business opportunities to inform product propositions.
• Translate research into viable business cases, requirements and operational solutions.
• Manage product lifecycle from concept through implementation, launch and optimization.
• Collaborate with stakeholders across operations, sales, technology and governance.
• Ensure products deliver customer value and business outcomes.

Skills

Business Analysis

Business Case Management

Innovation Management

Performance Management

Product Delivery

Product Launch Support

Product Lifecycle

Product Strategies

Requirements Management

Stakeholder Management

Education

Bachelor's Degree or NQF Level 7

Job description

Let's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

You will form part of the Mass Foundation Cluster which is one of the largest customer-facing business segments in Old Mutual. Our vision is to be our customers' most trusted financial partner, passionate about helping them achieve their lifetime goals. Our mission is to enable positive futures for our customers, by bridging the gap between their resources and their financial service’s needs. Our primary goal is to facilitate access to financial solutions for our customers and to keep pace with their changing needs. Our target market is the low and emerging-middle income segment. The role is responsible for reviewing customer, market, and business opportunities and translating them into viable product propositions, business cases, business requirements, and operational solutions. The role bridges product strategy and execution by combining product development, proposition design, business analysis, stakeholder management, and lifecycle management capabilities. The incumbent will work across the full product lifecycle, from research and concept development through implementation, launch, performance monitoring, enhancement, and optimization (in some elements we are accountable, in other we consult into). The role serves as the key link between customers, business stakeholders, operations, sales channels, technology teams, and governance functions to ensure products deliver customer value and business outcomes.

Responsibilities

Product Strategy and Proposition Development Review customer, market, competitor, and business research to identify opportunities and emerging trends. Contribute to product and proposition strategy development. Provide input into customer value propositions (CVPs). Facilitate product concept design, feasibility assessment, prototyping, testing, and refinement. Identify product enhancement and innovation opportunities. Business Analysis and Requirements Management Elicit, analyse, document, and validate business requirements. Conduct current-state and future-state process analysis. Perform gap analysis and impact assessments. Maintain end-to-end requirements traceability. Review acceptance criteria, test scenarios, and business verification requirements. Ensure solutions align to business objectives and product intent.

Requirements

Bachelor's Degree or NQF Level 7 qualification in Business, Commerce, Finance, Information Systems, Product Management, Business Analysis, or a related field. Business Analysis certification would be advantageous. Product Management, Agile, Financial Services, or Project Delivery certifications would be advantageous. 5 to 8 years' experience in Product Development, Product Management, Business Analysis, Proposition Development, Change Delivery, or a related discipline. Minimum 3 years' experience within Financial Services, Insurance, Banking, or related industries. Proven experience in: Product proposition development and lifecycle management. Business requirements elicitation and analysis. Business case development and feasibility assessments. Product launches and enhancement initiatives. Process analysis and solution design. Cross-functional stakeholder management. Project and/or Agile delivery environments.

Skills

Business Analysis, Business Case Management, Innovation Management, Performance Management (PM), Product Delivery, Product Launch Support, Product Lifecycle, Product Strategies, Requirements Management, Stakeholder Management

Competencies

Action Oriented Business Insight Cultivates Innovation Drives Engagement Drives Results Ensures Accountability Manages Ambiguity Manages Complexity

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent (Required)

Closing Date

14 September 2026 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story! Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending. We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.