Remote Insurance Product Innovator

Placements24

Upington

Hybrid

ZAR 900,000 - 1,300,000

Full time

3 days ago

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Benefits offered by this job

Competitive salary (ZAR)

Fully remote work

Health, dental, and vision insurance

Retirement savings plan

Learning and development opportunities

Performance-based bonuses

Modern remote collaboration tools

Supportive virtual culture

Job summary

Placements24 is seeking an innovative Remote Insurance Product Developer to join a fully remote team. You will conceptualize, design, and launch new insurance products, conduct market research, and collaborate with actuarial, legal, marketing, and sales teams to drive growth.

The ideal candidate has a strong understanding of the insurance lifecycle, exceptional analytics, and a creative mindset for product innovation.

Qualifications

Bachelor's degree in Business, Finance, Marketing, or a related field.
Master's degree or relevant industry certifications (e.g., Fellow of the Academy of Insurance) are a plus.
Minimum of 6 years of experience in insurance product development, management, or a closely related role.
Strong analytical, problem-solving, and strategic thinking skills.

Responsibilities

Lead the end-to-end development process for new insurance products, from ideation to launch.
Conduct market research and competitive analysis to identify product opportunities and gaps.
Collaborate with actuarial teams to ensure pricing and profitability targets are met.
Work with legal and compliance teams to ensure regulatory requirements are met.
Develop product specifications, policy wordings, and marketing collateral.
Partner with sales and marketing teams to develop go-to-market strategies and support materials.
Analyze product performance post-launch and recommend improvements.
Stay abreast of industry trends, risks, and technological advancements.
Manage project timelines and deliverables for timely launches.
Present product proposals and updates to senior management and stakeholders.