Remote Lead Insurance Product Developer

Placements24; George; Hybrid; ZAR 1,200,000 - 2,100,000; Full time

Benefits offered by this job

Performance bonuses

Health insurance

Retirement savings plan

Job summary

Placements24 is seeking a visionary Remote Lead Insurance Product Developer to steer the design and lifecycle of innovative insurance products. You will guide cross-functional teams, translate business needs into user-centric products, and shape product strategy in a fully remote SA environment.

The role requires strong leadership, actuarial/underwriting collaboration, and a passion for innovation in the insurance sector.

Qualifications

• Bachelor's/Master's in a related field with preference for advanced degrees.
• 7+ years in insurance product development, including leadership experience.
• Proven ability to design, launch and manage profitable products.
• Strong grasp of insurance principles, markets and regulations.

Responsibilities

• Lead design, development and lifecycle management of insurance products.
• Perform market research and competitive analysis to spot trends.
• Collaborate with actuarial, underwriting, sales and marketing teams.
• Develop product roadmaps aligned with business goals.
• Create product documentation, policy wordings and marketing materials.
• Monitor product performance and drive improvements.
• Drive innovation using new technologies and methods.
• Ensure compliance with regulatory standards and industry rules.
• Mentor junior team members and present updates to senior management.

Skills

Product leadership

Insurance domain knowledge

Market research

Roadmapping

Stakeholder management

Remote collaboration

Agile methodologies

Regulatory compliance

Education

Bachelor's in Business/Finance/Actuarial

Master's preferred

Tools

Project management tools

PM software

Job description

About the Role

Our client, a forward-thinking insurance technology firm, is actively seeking a visionary Remote Lead Insurance Product Developer to spearhead the creation and enhancement of innovative insurance products. This is a fully remote position, offering the flexibility to work from anywhere within South Africa. You will be instrumental in shaping the future of our insurance offerings, driving product strategy, and collaborating with cross-functional teams to bring new solutions to market. The successful candidate will possess a unique blend of technical acumen, market insight, and a passion for innovation in the insurance industry. This role demands a strategic thinker who can translate complex business needs into user-centric and profitable insurance products. We are looking for a leader who can inspire and guide a team towards achieving ambitious product development goals, all within a dynamic and agile remote working environment. Your contributions will directly impact our market position and customer satisfaction.

Key Responsibilities

• Lead the design, development, and lifecycle management of new and existing insurance products.
• Conduct in-depth market research and competitive analysis to identify emerging trends and opportunities.
• Collaborate closely with actuarial, underwriting, sales, and marketing teams to define product requirements and features.
• Develop comprehensive product roadmaps and strategies, ensuring alignment with business objectives.
• Oversee the creation of product documentation, including policy wordings and marketing materials.
• Manage product performance metrics and identify areas for improvement or optimization.
• Drive innovation by exploring new technologies and methodologies for product development.
• Ensure all product offerings comply with regulatory requirements and industry standards.
• Mentor and guide junior product development team members.
• Present product strategies and performance updates to senior management.

Requirements

• Bachelor's degree in Business, Finance, Actuarial Science, or a related field; Master's degree preferred.
• Minimum of 7 years of experience in insurance product development, with at least 2 years in a leadership role.
• Proven ability to conceptualize, design, and launch successful insurance products.
• Strong understanding of insurance principles, market dynamics, and regulatory frameworks.
• Excellent strategic thinking, analytical, and problem-solving skills.
• Exceptional communication and interpersonal skills, with the ability to influence stakeholders at all levels.
• Demonstrated experience working effectively in a fully remote team environment.
• Proficiency in project management tools and methodologies.
• A passion for innovation and a forward-thinking approach to product development.
• Ability to thrive in a fast-paced, results-oriented setting.

Benefits

• This fully remote position offers a competitive salary and benefits package, including performance bonuses, comprehensive health insurance, and a retirement savings plan.
• We provide a flexible work environment, empowering you to manage your schedule effectively.
• Opportunities for continuous learning and professional development are abundant, including access to industry conferences and training programs.
• You will be part of a collaborative and innovative team, working on cutting-edge insurance solutions from the comfort of your home office.
• Our client is committed to fostering a culture of growth, recognition, and employee well-being, offering a truly rewarding career experience.