Remote Insurance Product Developer

Placements24; Benoni; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Remote work

Health benefits

Career growth

Retirement plan

Job summary

Placements24 is seeking a Remote Insurance Product Developer to conceptually design and launch innovative insurance products from anywhere in South Africa. You will lead end-to-end development, collaborate with marketing, actuarial, legal and sales, and define product vision and roadmaps for market success.

The role requires 7+ years in product management, a strong insurance background, and excellent analytical and regulatory skills.

Qualifications

• Bachelor's degree in Business, Marketing, Finance, Actuarial Science, or related field.
• MBA or relevant master's degree is a plus.
• Minimum 7 years of experience in product management or development, preferably in insurance.

Responsibilities

• Lead the end-to-end product development lifecycle for new insurance products.
• Conduct market research and competitor analysis to identify opportunities and gaps.
• Define product vision, strategy, and roadmaps aligned with business goals.
• Collaborate with actuarial teams to ensure product viability and pricing strategies.
• Work closely with legal and compliance teams to ensure adherence to regulatory requirements.
• Develop product specifications, features, and benefits.
• Create go-to-market strategies in partnership with marketing and sales teams.
• Monitor product performance post-launch, analyzing metrics and data-driven adjustments.
• Gather customer feedback and market intelligence to inform future iterations.
• Present proposals and updates to senior management.

Skills

Product management

Strategy development

Market research

Regulatory understanding

Remote collaboration

Education

Bachelor's degree in Business/Marketing/Finance/Actuarial Science

MBA or relevant master's degree

Job description

About the Role

Our client is seeking an innovative and strategic Remote Insurance Product Developer to conceptualize, design, and launch new insurance products from anywhere within South Africa . This fully remote position allows you to leverage your expertise in product management and insurance to drive market growth and meet evolving customer needs. You will collaborate with cross-functional teams, including marketing, sales, actuarial, and legal, to bring successful products to market. The ideal candidate possesses a deep understanding of market dynamics, regulatory environments, and customer behavior, coupled with strong analytical and strategic thinking skills. This is an exceptional opportunity to shape the future of insurance offerings in a flexible, remote-first setting, contributing significantly to our client's competitive edge.

Key Responsibilities

• Lead the end-to-end product development lifecycle for new insurance products.
• Conduct market research and competitor analysis to identify opportunities and gaps.
• Define product vision, strategy, and roadmaps aligned with business goals.
• Collaborate with actuarial teams to ensure product viability and pricing strategies.
• Work closely with legal and compliance teams to ensure adherence to all regulatory requirements.
• Develop product specifications, features, and benefits.
• Create go-to-market strategies in partnership with marketing and sales teams.
• Monitor product performance post-launch, analyzing key metrics and making data-driven adjustments.
• Gather customer feedback and market intelligence to inform future product iterations.
• Present product proposals and updates to senior management.

Requirements

• A Bachelor's degree in Business, Marketing, Finance, Actuarial Science, or a related field.
• An MBA or relevant master's degree is a plus.
• Minimum of 7 years of experience in product management, product development, or a related role, preferably within the insurance industry.
• Proven track record of successfully launching new products, ideally in the financial services or insurance sector.
• Strong understanding of insurance markets, product lines, and regulatory frameworks.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Proficiency in market research, data analysis, and project management tools.
• Exceptional communication, presentation, and stakeholder management skills.
• Ability to work independently, manage complex projects, and collaborate effectively in a remote team environment.
• Understanding of digital transformation trends in the insurance industry is beneficial.
• Must possess a strong work ethic and a passion for innovation in insurance.

Benefits

• Attractive salary package with performance-based bonuses.
• Fully remote work arrangement, offering unparalleled flexibility.
• Opportunities for professional growth and leadership development.
• Comprehensive health and wellness benefits.
• Contribute to shaping innovative insurance solutions.
• Access to modern collaboration tools and technology.
• A dynamic and forward-thinking work culture.
• Retirement savings plan.