Remote Insurance Product Innovator: Build & Launch

Placements24; Randburg; Hybrid; ZAR 800,000 - 1,200,000; Full time

Benefits offered by this job

Competitive salary

Health insurance

Paid time off

Professional development

Retirement plan

Remote work environment

Autonomy

Job summary

Placements24 is seeking an Insurance Product Development Specialist for a fully remote role. You will conceptualize, design, and launch new products, collaborating with actuarial, marketing, legal, and operations teams from conception to market. The Randburg reference means location is flexible in a remote-first setup.

You’ll lead market research, develop compelling product features, ensure regulatory compliance, and manage launches while monitoring performance and driving improvements.

Qualifications

• A Bachelor's degree in Finance, Economics, Business, Marketing, or a related field.
• A Master's degree is advantageous.
• Minimum of 5 years of experience in insurance product development, management, or a related role.
• Strong understanding of insurance principles, product lifecycle management, and market dynamics.
• Excellent analytical, research, and problem-solving skills.
• Proficiency in market analysis tools and MS Office Suite, particularly Excel and PowerPoint.
• Strong project management and organizational abilities.
• Effective communication and presentation skills, with the ability to influence stakeholders.
• Demonstrated experience working effectively in a remote team environment.
• Ability to manage multiple projects simultaneously and meet deadlines.
• Knowledge of regulatory frameworks affecting insurance products.

Responsibilities

• Conduct market research and competitor analysis to identify opportunities for new insurance products.
• Develop product concepts, features, and benefits that align with customer needs and business strategy.
• Collaborate closely with actuarial teams to ensure pricing, reserving, and financial modeling are sound.
• Work with legal and compliance teams to ensure all products meet regulatory requirements.
• Develop product specifications, documentation, and training materials.
• Oversee the product launch process, coordinating with marketing, sales, and operations teams.
• Monitor the performance of launched products and recommend adjustments or enhancements.
• Analyze customer feedback and market data to identify areas for product improvement.
• Present product proposals and updates to senior management and stakeholders.
• Stay abreast of industry trends, emerging risks, and regulatory changes impacting product development.
• Champion innovation and best practices in product development within the remote team.

Skills

Analytical skills

Market research

Project management

Stakeholder comms

Remote collaboration

Education

Bachelor's degree in Finance/Economics/Business/Marketing

Master's degree (advantageous)

Tools

MS Office (Excel, PowerPoint)

Job description

Placements24 is seeking an Insurance Product Development Specialist for a fully remote role. You will conceptualize, design, and launch new products, collaborating with actuarial, marketing, legal, and operations teams from conception to market. The Randburg reference means location is flexible in a remote-first setup.

You’ll lead market research, develop compelling product features, ensure regulatory compliance, and manage launches while monitoring performance and driving improvements.