Remote Insurance Product Developer

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

Benefits offered by this job

Remote work

Health benefits

Stock options

Paid time off

Professional growth

Job summary

Placements24 seeks a remote Insurance Product Developer in South Africa to lead end-to-end product design and launch from a home office. You will identify market needs and collaborate with actuarial, legal, marketing and technology teams to bring innovative insurance solutions to life.

The role requires strong analytical skills, knowledge of regulatory environments, and a proven track record of launching profitable products.

Qualifications

• Bachelor's degree in Business, Finance, Marketing, or related field.
• Minimum of 5 years of experience in insurance product development or management.
• Proven track record of successfully launching innovative insurance products.
• Must be based in South Africa and eligible to work remotely.

Responsibilities

• Lead the end-to-end development of new insurance products from ideation to launch.
• Conduct market research and competitor analysis to identify product opportunities.
• Collaborate with actuarial teams to define product features, pricing, and profitability models.
• Work closely with legal and compliance teams to ensure regulatory adherence.
• Develop product documentation, including policy wordings and marketing materials.
• Coordinate with technology teams for the integration of new products into digital platforms.
• Analyze product performance post-launch and recommend enhancements.
• Stay abreast of industry trends, emerging technologies, and customer needs in the insurance sector.
• Present product strategies and roadmaps to senior management.
• Foster a culture of innovation and continuous improvement within the product development process.

Skills

Insurance product development

Education

Bachelor's degree in Business, Finance, Marketing, or related field

Job description

About the Role

Our client, a forward-thinking insurance technology company, is seeking an innovative and experienced Remote Insurance Product Developer to lead the design and launch of groundbreaking insurance products. This role is entirely remote, allowing you to contribute from anywhere within South Africa. You will be at the forefront of identifying market needs, developing product concepts, and collaborating with cross-functional teams, including actuarial, legal, marketing, and technology, to bring these products to life. The ideal candidate possesses a deep understanding of the insurance landscape, strong analytical skills, and a passion for innovation. You will be instrumental in shaping the future of insurance by creating user-centric, competitive, and profitable products. We are looking for a strategic thinker who can navigate complex regulatory environments and translate market insights into tangible product offerings. This position offers unparalleled flexibility and the opportunity to make a significant impact on the insurance industry from the comfort of your home office. Your expertise will be crucial in developing next-generation insurance solutions.

Key Responsibilities

• Lead the end-to-end development of new insurance products from ideation to launch.
• Conduct market research and competitor analysis to identify product opportunities.
• Collaborate with actuarial teams to define product features, pricing, and profitability models.
• Work closely with legal and compliance teams to ensure regulatory adherence.
• Develop product documentation, including policy wordings and marketing materials.
• Coordinate with technology teams for the integration of new products into digital platforms.
• Analyze product performance post-launch and recommend enhancements.
• Stay abreast of industry trends, emerging technologies, and customer needs in the insurance sector.
• Present product strategies and roadmaps to senior management.
• Foster a culture of innovation and continuous improvement within the product development process.

Requirements

• Bachelor's degree in Business, Finance, Marketing, or a related field.
• Minimum of 5 years of experience in insurance product development or management.
• Proven track record of successfully launching innovative insurance products.
• Strong understanding of insurance principles, markets, and regulatory environments.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Exceptional communication, collaboration, and presentation abilities.
• Experience working with cross-functional teams in a remote setting.
• Proficiency in project management and product development methodologies.
• Adaptability and ability to thrive in a fast-paced, evolving industry.
• Must be based in South Africa and eligible to work remotely.

Benefits

• Highly competitive salary package.
• Remote work flexibility, allowing you to work from anywhere.
• Performance-based bonuses and potential stock options.
• Comprehensive health and wellness benefits.
• Generous paid time off and flexible working hours.
• Opportunities for professional growth and leadership development.
• Access to state-of-the-art tools and technologies.
• A collaborative and inclusive remote work culture.
• Contribution to shaping the future of InsurTech.