Remote Insurance Product Developer

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

Benefits offered by this job

Fully remote work arrangement

Leadership opportunities in product策略

Job summary

Placements24 is seeking an innovative Remote Insurance Product Developer to lead the creation and enhancement of insurance products across various markets. This fully remote role requires market insight, analytical prowess, and creative thinking to design offerings meeting evolving customer needs and regulatory demands.

You will collaborate with actuarial, sales, marketing, and compliance teams to bring new products to life, influence product strategy, and ensure profitability.

Qualifications

• Bachelor's degree in Business, Finance, Marketing, or a related field; Master's degree preferred.
• Significant experience in insurance product development, management, or a closely related role.
• Strong understanding of insurance principles, market dynamics, and regulatory environments.
• Excellent analytical, strategic thinking, and project management skills.
• Proven ability to collaborate effectively with diverse teams in a remote setting.
• Exceptional communication and presentation skills.

Responsibilities

• Research market trends, competitor offerings, and customer feedback to identify opportunities for new insurance products.
• Design and develop innovative insurance products, defining features, coverage, pricing structures, and policy wording.
• Collaborate closely with actuarial teams to ensure product profitability and risk adequacy.
• Work with legal and compliance departments to ensure all products meet regulatory requirements.
• Develop go-to-market strategies and support materials for sales and marketing teams.
• Monitor the performance of existing products and recommend adjustments or enhancements.

Skills

Analytical thinking

Strategic thinking

Project management

Remote collaboration

Education

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

Master's degree preferred

Job description

About the Role

Our client is looking for an innovative and strategic Remote Insurance Product Developer to spearhead the creation and enhancement of insurance products across various markets. This fully remote role requires a blend of market insight, analytical prowess, and creative thinking to design offerings that meet evolving customer needs and regulatory demands. You will collaborate with cross-functional teams, including actuarial, sales, marketing, and compliance, to bring new products to life. This is an exciting opportunity to shape the future of insurance products from the comfort of your home office.

Key Responsibilities

• Research market trends, competitor offerings, and customer feedback to identify opportunities for new insurance products.
• Design and develop innovative insurance products, defining features, coverage, pricing structures, and policy wording.
• Collaborate closely with actuarial teams to ensure product profitability and risk adequacy.
• Work with legal and compliance departments to ensure all products meet regulatory requirements.
• Develop go-to-market strategies and support materials for sales and marketing teams.
• Monitor the performance of existing products and recommend adjustments or enhancements.

Requirements

• Bachelor's degree in Business, Finance, Marketing, or a related field; Master's degree preferred.
• Significant experience in insurance product development, management, or a closely related role.
• Strong understanding of insurance principles, market dynamics, and regulatory environments.
• Excellent analytical, strategic thinking, and project management skills.
• Proven ability to collaborate effectively with diverse teams in a remote setting.
• Exceptional communication and presentation skills.

Benefits

• Highly competitive salary and bonus potential reflecting the strategic nature of the role.
• Comprehensive benefits package including health, retirement, and life insurance.
• Fully remote work arrangement offering maximum flexibility.
• Opportunities for leadership and influence in product strategy.
• Access to cutting-edge industry research and professional development resources.