Remote Product Development Lead - Innovative Insurance Solutions

Placements24; East London; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Bonus potential based on performance

Health, dental, and vision insurance

Retirement savings plan with employer匹

Professional development and training

Full remote work flexibility

Access to cutting-edge technology and协

Work-life balance emphasis

Job summary

Placements24 in South Africa is seeking an innovative and experienced Product Development Lead to drive new and enhanced insurance solutions. This fully remote role allows you to work from anywhere in SA while contributing to the company's strategic vision.

You will lead a cross-functional team across marketing, underwriting, actuarial, IT and legal to design, develop, and launch cutting-edge products, ensuring regulatory compliance and customer-centric outcomes.

Qualifications

• Bachelor's or Master's in Business, Marketing, Finance or related field.
• 8+ years in product management or development in insurance.
• Proven track record of launching insurance products.
• Strong understanding of insurance principles, dynamics and regulation.
• Demonstrated leadership for cross-functional teams.
• Excellent strategic, analytical and problem-solving skills.
• Outstanding communication, presentation and interpersonal skills.
• Proficiency with product management tools and methodologies.
• Thrives in a fast-paced remote work environment.
• Passion for innovation and customer-centric development.

Responsibilities

• Lead end-to-end product development lifecycle from ideation to launch.
• Collaborate with marketing, sales, underwriting, actuarial, IT and legal.
• Conduct market analysis, competitive research and customer needs assessments.
• Design and develop innovative insurance products and features.
• Manage product requirements, specs and user stories for dev teams.
• Oversee testing, rollout and performance monitoring of new products.
• Develop pricing strategies, underwriting guidelines and processes.
• Champion a culture of innovation and continuous improvement.
• Present product strategies to senior management and executives.
• Ensure compliance with regulations and legal requirements.

Skills

Product Management

Leadership

Market Research

Strategic Thinking

Regulatory Knowledge

Communication

Remote Work

Education

Bachelor's or Master's in Business/Marketing/Finance

Tools

PM Tools

Agile

Job description

About the Role

Our client, a forward-thinking insurance provider, is seeking an innovative and experienced Product Development Lead to drive the creation of new and enhanced insurance solutions. This is a fully remote position, allowing you to work from anywhere within South Africa, while contributing to the strategic vision of the company. You will lead a cross-functional team in conceptualizing, designing, developing, and launching cutting-edge insurance products that meet evolving market demands and customer needs. The ideal candidate will have a strong understanding of the insurance landscape, a passion for innovation, and proven leadership skills in product management. This role is based in East London, Eastern Cape , but operates in a fully remote capacity, offering significant flexibility.

Key Responsibilities

• Lead the end-to-end product development lifecycle, from ideation and market research to launch and post-launch analysis.
• Collaborate with stakeholders across marketing, sales, underwriting, actuarial, IT, and legal to define product strategy and roadmaps.
• Conduct market analysis, competitive research, and customer needs assessments to identify new product opportunities.
• Design and develop innovative insurance products and features that provide a competitive edge.
• Manage product requirements, specifications, and user stories for development teams.
• Oversee the testing, rollout, and performance monitoring of new products.
• Develop pricing strategies, underwriting guidelines, and operational processes for new products.
• Champion a culture of innovation and continuous improvement within the product development team.
• Present product strategies and updates to senior management and executive leadership.
• Ensure product compliance with all relevant regulations and legal requirements.

Requirements

• A Bachelor's or Master's degree in Business, Marketing, Finance, or a related field.
• A minimum of 8 years of experience in product management or product development within the insurance industry.
• Proven track record of successfully launching new insurance products.
• Strong understanding of insurance principles, market dynamics, and regulatory environments.
• Demonstrated leadership experience, with the ability to manage and motivate cross-functional teams.
• Excellent strategic thinking, analytical, and problem-solving skills.
• Outstanding communication, presentation, and interpersonal skills.
• Proficiency in product management tools and methodologies.
• Ability to thrive in a fast-paced, remote work environment.
• Passion for innovation and customer-centric product development.

Benefits

• Highly competitive salary and a significant performance-based bonus structure.
• Comprehensive health, dental, and vision insurance.
• Generous retirement savings plan with employer matching.
• Opportunities for advanced professional development and leadership training.
• Full remote work flexibility, enabling exceptional work-life integration.
• Chance to shape the future of insurance product offerings for a leading company.
• Access to cutting-edge technology and collaborative virtual work platforms.