Senior Insurance Product Developer

Placements24; Sandton; Hybrid; ZAR 950,000 - 1,350,000; Full time

Benefits offered by this job

Hybrid work model

Medical insurance

Dental insurance

Vision insurance

Career development

Performance incentives

Job summary

Placements24 is seeking a Senior Insurance Product Developer in Sandton to spearhead the creation and enhancement of innovative insurance products. You will conduct market research, analyze customer needs, and collaborate with cross-functional teams to design, launch, and manage profitable offerings.

The ideal candidate has a deep understanding of insurance dynamics, strong analytical skills, and a passion for innovation, contributing to market leadership and growth.

Qualifications

• Bachelor's degree in Business/Finance/Actuarial Science or related field.
• Minimum 7 years of experience in insurance product development or management.
• Deep knowledge of various insurance lines and market dynamics.
• Strong analytical, strategic thinking, and project management skills.
• Excellent communication and stakeholder management abilities.

Responsibilities

• Lead the design, development, and implementation of new insurance products and features.
• Conduct market research and competitor analysis to identify opportunities and gaps.
• Collaborate with underwriting, actuarial, marketing, and legal teams throughout the product lifecycle.
• Develop product documentation, including policy wordings, terms, and conditions.
• Monitor product performance, analyze results, and recommend strategic adjustments.

Skills

Analytical thinking

Strategic mindset

Project management

Excellent communication

Education

Bachelor's degree in Business/Finance/Actuarial Science or related field

Master's degree preferred

Job description

About the Role

Our client is seeking a visionary Senior Insurance Product Developer to spearhead the creation and enhancement of innovative insurance products. Based in Sandton , this role involves conducting market research, analyzing customer needs, and collaborating with cross-functional teams to design, launch, and manage profitable insurance offerings. You will be instrumental in driving product strategy, ensuring competitiveness, and adapting to evolving market demands. The ideal candidate has a deep understanding of the insurance landscape, strong analytical skills, and a passion for innovation, contributing to the company's market leadership and growth.

Key Responsibilities

• Lead the design, development, and implementation of new insurance products and features.
• Conduct market research and competitor analysis to identify opportunities and gaps.
• Collaborate with underwriting, actuarial, marketing, and legal teams throughout the product lifecycle.
• Develop product documentation, including policy wordings, terms, and conditions.
• Monitor product performance, analyze results, and recommend strategic adjustments.

Requirements

• Bachelor's degree in Business, Finance, Actuarial Science, or a related field; Master's preferred.
• Minimum of 7 years of experience in insurance product development or management.
• In-depth knowledge of various insurance lines and market dynamics.
• Strong analytical, strategic thinking, and project management skills.
• Excellent communication and stakeholder management abilities.

Benefits

• Highly competitive salary and performance-based incentives.
• Hybrid work model providing a balance of remote and in-office flexibility.
• Comprehensive medical, dental, and vision insurance.
• Significant opportunities for career advancement and professional development.
• Dynamic and innovative work environment in the heart of Sandton .