Remote Insurance Product Development Manager

Placements24; Gqeberha; Hybrid; ZAR 1,100,000 - 1,500,000; Full time

Benefits offered by this job

Health insurance

Retirement plan with matching

Equipment provided for home office

Flexible remote working hours

Professional development opportunities

Job summary

Placements24 is seeking a dynamic Remote Insurance Product Development Manager to lead the ideation, design, and launch of new insurance products. This fully remote role drives product strategy and execution from your home office, coordinating market research, customer insights, and cross-functional collaboration with actuarial, legal, marketing, and sales teams.

You will ensure products meet regulatory standards and business objectives, translating market needs into compelling features,

Qualifications

• Bachelor’s degree in Business, Marketing, Finance or related field.
• An MBA or relevant Master’s degree is preferred.
• Minimum 6 years in insurance product development, management, or related strategic role.
• Proven success launching insurance products or major enhancements.
• Strong knowledge of insurance markets and competitive landscape.
• Excellent market research, analytical and strategic thinking skills.

Responsibilities

• Lead the full product lifecycle from ideation to launch for new insurance products.
• Conduct market research and competitive analysis to identify opportunities.
• Define product vision, strategy, and roadmap aligned with company goals.
• Collaborate with actuarial, legal, marketing, and sales teams for feasibility and pricing.
• Ensure regulatory compliance and business objectives are met.
• Develop product specifications, features, and benefits.
• Create compelling positioning and go-to-market plans.
• Manage cross-functional teams and milestones.
• Monitor post-launch performance and iterate as needed.
• Stay informed on industry trends and emerging tech to drive innovation.

Skills

Market research

Strategy & roadmap

Cross-functional leadership

Communication

Agile methods

Project management

Education

Bachelor's in Business/Marketing/Finance

MBA preferred

Tools

PM tools

Job description

About the Role

Our client is embarking on an exciting journey of innovation and is seeking a dynamic Remote Insurance Product Development Manager to lead the conceptualization, design, and launch of new insurance products. This fully remote role empowers you to drive product strategy and execution from your home office. You will be responsible for market research, identifying customer needs, collaborating with cross-functional teams (including actuarial, legal, marketing, and sales), and ensuring that new products meet regulatory requirements and business objectives. This position is crucial for maintaining our client's competitive edge in the evolving insurance landscape. We are looking for a creative thinker with a strong understanding of the insurance market and a proven ability to bring innovative solutions to fruition.

Key Responsibilities

• Lead the entire product lifecycle from ideation to launch for new insurance products.
• Conduct thorough market research and competitive analysis to identify opportunities and unmet customer needs.
• Define product vision, strategy, and roadmap in alignment with company goals.
• Collaborate closely with actuarial teams to ensure product feasibility, pricing, and profitability.
• Work with legal and compliance teams to ensure all products adhere to regulatory standards.
• Develop product specifications, features, and benefits, and translate them into actionable development plans.
• Create compelling product positioning, messaging, and go-to-market strategies.
• Manage cross-functional teams, facilitating communication and ensuring project milestones are met.
• Monitor product performance post-launch and identify areas for improvement or iteration.
• Stay informed about industry trends, emerging technologies, and customer preferences to drive product innovation.

Requirements

• A Bachelor's degree in Business, Marketing, Finance, or a related field.
• An MBA or relevant Master's degree is preferred.
• A minimum of 6 years of experience in insurance product development, management, or a related strategic role.
• Demonstrated success in launching new insurance products or significant product enhancements.
• Strong understanding of insurance markets, products, and the competitive landscape.
• Excellent market research, analytical, and strategic thinking skills.
• Proven ability to manage complex projects and cross-functional teams.
• Exceptional communication, presentation, and interpersonal skills.
• Proficiency in project management tools and standard office software.
• Experience with agile methodologies is a plus.
• Ability to thrive in a fully remote work environment, demonstrating self-discipline and strong organizational skills.
• A reliable remote work setup with consistent internet access.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive health, dental, and vision insurance.
• Generous paid time off and flexible remote working hours.
• Opportunities for professional development, attending industry conferences, and pursuing relevant certifications.
• A collaborative and innovative remote work culture.
• Company-provided equipment and software.
• Retirement savings plan with matching contributions.
• The chance to shape the future of insurance products for a growing company.