Senior Insurance Product Manager — Hybrid, Growth & Impact

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

Benefits offered by this job

Salary package and bonus potential

Health insurance

Retirement benefits

Learning and growth opportunities

Hybrid work model

Job summary

Placements24 in Polokwane, Limpopo, seeks a Senior Insurance Product Manager to own the full product lifecycle—from ideation to launch and ongoing management. You will analyze market needs, regulatory requirements, and profitability to design customer-centric solutions.

You will partner with actuarial, underwriting, marketing, and sales teams in a hybrid setup, balancing strategic vision with rigorous execution to drive growth in the South African market.

Qualifications

• Minimum of 5 years of product management experience, preferably in insurance.
• Proven track record of launching and managing insurance products.
• Strong understanding of insurance markets, product development principles, and regulatory frameworks.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Exceptional communication, presentation, and stakeholder management abilities.
• Experience working effectively in a hybrid team environment.

Responsibilities

• Lead design, development, and implementation of new insurance products and enhancements.
• Conduct market research, competitive analysis, and customer needs assessments to identify product opportunities.
• Define product strategy, roadmap, and go-to-market plans in alignment with business objectives.
• Work closely with actuarial and underwriting teams to ensure pricing, profitability, and risk adequacy.
• Develop product specifications, policy wording, and related documentation.
• Collaborate with marketing and sales teams to create effective product launch strategies and promotional materials.
• Monitor product performance, profitability, and market acceptance, making data-driven recommendations for adjustments.
• Ensure compliance with all relevant regulations and legal requirements in Polokwane and beyond.
• Manage product lifecycle, including product retirement or discontinuation when necessary.

Skills

Analytical thinking

Strategic thinking

Problem solving

Stakeholder management

Communication

Education

Bachelor's degree (Business/Marketing/Finance/Actuarial)

Job description

Placements24 in Polokwane, Limpopo, seeks a Senior Insurance Product Manager to own the full product lifecycle—from ideation to launch and ongoing management. You will analyze market needs, regulatory requirements, and profitability to design customer-centric solutions.

You will partner with actuarial, underwriting, marketing, and sales teams in a hybrid setup, balancing strategic vision with rigorous execution to drive growth in the South African market.