Remote Insurance Product Developer

Placements24; Mbombela (Nelspruit); Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Remote work

Health insurance

Bonuses based on performance

Professional development

Job summary

Placements24 invites an innovative Remote Insurance Product Developer to lead end-to-end product lifecycle—from ideation and market research to pricing and launch strategy—ensuring competitive, customer-focused solutions.

The ideal candidate brings 5+ years in insurance product development, a solid grasp of underwriting, actuarial concepts, and regulatory requirements, plus proven remote collaboration across actuarial, legal, marketing, and IT teams.

Qualifications

• 5+ years of experience in insurance product development, management, or related strategic role.
• Proven track record of launching new insurance products.
• Strong understanding of insurance principles, underwriting, actuarial concepts, and regulatory requirements.

Responsibilities

• Research market trends, customer needs, and competitor offerings to identify opportunities for new insurance products.
• Design and develop innovative insurance products, including coverage terms, policy structures, and pricing models.
• Collaborate with actuarial, legal, marketing, and IT teams to ensure successful product development and implementation.
• Create comprehensive product documentation, including policy wordings, sales materials, and training guides.
• Develop go-to-market strategies and support product launch initiatives.
• Monitor product performance post-launch, making necessary adjustments and enhancements.

Skills

Insurance product development

Remote collaboration

Analytical thinking

Education

Bachelor's degree in Business/Finance/Marketing

MBA or advanced degree

Job description

About the Role

Our client is seeking an innovative and strategic Remote Insurance Product Developer to conceptualize and launch new insurance products from the ground up. This role operates within a fully remote framework, requiring self-discipline, excellent communication, and a deep understanding of market needs and actuarial principles. You will drive the entire product lifecycle, from ideation and market research to development, pricing, and launch strategy, ensuring our client remains competitive and responsive to evolving customer demands. The ideal candidate will leverage data-driven insights and cross-functional collaboration to create market-leading insurance solutions, contributing significantly to the company's growth and expansion in the digital insurance space, irrespective of geographical location.

Key Responsibilities

• Research market trends, customer needs, and competitor offerings to identify opportunities for new insurance products.
• Design and develop innovative insurance products, including coverage terms, policy structures, and pricing models.
• Collaborate with actuarial, legal, marketing, and IT teams to ensure successful product development and implementation.
• Create comprehensive product documentation, including policy wordings, sales materials, and training guides.
• Develop go-to-market strategies and support product launch initiatives.
• Monitor product performance post-launch, making necessary adjustments and enhancements.

Requirements

• Bachelor's degree in Business, Finance, Marketing, or a related field; MBA or advanced degree is a plus.
• 5+ years of experience in insurance product development, management, or a related strategic role.
• Proven track record of successfully launching new insurance products.
• Strong understanding of insurance principles, underwriting, actuarial concepts, and regulatory requirements.
• Excellent analytical, strategic thinking, and project management skills.
• Demonstrated ability to work effectively in a remote , collaborative environment using digital tools.

Benefits

• Competitive salary and performance-based bonuses.
• Fully remote work arrangement with flexible hours.
• Comprehensive health, dental, and vision insurance benefits.
• Generous paid time off and opportunities for continuous professional development.
• A dynamic and forward-thinking company culture focused on innovation and employee growth, allowing you to work from anywhere within South Africa or remotely.