Remote Insurance Product Developer

Placements24; Upington; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Health insurance

Dental and vision plans

Fully remote with flexible hours

Professional development budget

Competitive performance bonuses

Job summary

Placements24 is seeking an innovative Remote Insurance Product Developer to conceptualize, design, and launch new insurance products. You will drive product strategy from anywhere, collaborating with actuarial, marketing, sales, and legal to translate market insights into compelling features.

You will lead end-to-end development, conduct market research, and ensure regulatory compliance while delivering profitable products.

Qualifications

• Minimum of 5 years of experience in insurance product development, management, or a related strategic role.
• Proven track record of successfully launching new insurance products in the market.
• Strong understanding of various insurance lines (life, health, general) and market dynamics.
• Excellent analytical, strategic thinking, and problem-solving abilities.
• Proficiency in project management and cross-functional team collaboration.
• Exceptional communication, presentation, and stakeholder management skills.

Responsibilities

• Lead the end-to-end development lifecycle for new insurance products, from ideation to launch.
• Conduct comprehensive market research, competitive analysis, and customer needs assessments.
• Collaborate with actuarial teams to ensure pricing, reserving, and profitability targets are met.
• Develop product specifications, policy wordings, and marketing collateral in partnership with relevant departments.
• Ensure all new products comply with regulatory requirements and internal governance standards.
• Monitor product performance post-launch and identify opportunities for enhancement or refinement.

Skills

Insurance product development

Strategic thinking

Market research

Cross-functional collaboration

Regulatory compliance

Stakeholder management

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 that meet evolving market needs. This fully remote role offers the chance to drive product strategy and innovation from anywhere, collaborating with cross-functional teams including actuarial, marketing, sales, and legal. You will conduct market research, analyze competitor offerings, and translate these insights into compelling product features and benefits. The ideal candidate possesses a deep understanding of the insurance landscape, strong analytical and strategic thinking skills, and a passion for creating market-leading insurance solutions, contributing significantly to the company's growth and competitive edge.

Key Responsibilities

• Lead the end-to-end development lifecycle for new insurance products, from ideation to launch.
• Conduct comprehensive market research, competitive analysis, and customer needs assessments.
• Collaborate with actuarial teams to ensure pricing, reserving, and profitability targets are met.
• Develop product specifications, policy wordings, and marketing collateral in partnership with relevant departments.
• Ensure all new products comply with regulatory requirements and internal governance standards.
• Monitor product performance post-launch and identify opportunities for enhancement or refinement.

Requirements

• Minimum of 5 years of experience in insurance product development , management, or a related strategic role.
• Proven track record of successfully launching new insurance products in the market.
• Strong understanding of various insurance lines (e.g., life, health, general) and market dynamics.
• Excellent analytical, strategic thinking, and problem-solving abilities.
• Proficiency in project management and cross-functional team collaboration.
• Exceptional communication, presentation, and stakeholder management skills.

Benefits

• Highly competitive salary and performance-based bonuses.
• Fully remote working arrangement with ultimate flexibility.
• Comprehensive health, dental, and vision insurance plans.
• Generous budget for professional development, including conferences and certifications.
• Opportunity to shape the future of insurance products within a forward-thinking company.