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Head : Product

Head : Product

Absa Group LimitedZA
18 days ago
Job description

Job title : Head : Product

Job Location : Gauteng,

Deadline : October 31, 2025

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Job Summary

  • To develop tactical strategy and delivery plans, formulate associated practice / s and to ensure operational implementation and adoption i.t.o. product development methodology and delivery objectives.
  • Job Description

  • Commercial management : Accountable for managing the commercial performance (P&L) of the product across the product lifecycle in support of the business's high-level financial ambitions and Balance Sheet shape;
  • Product Management : Delivers a compelling and insights led Product Proposition offering that aligns to and enables the business and customer strategies : | Product Infrastructure : Accountable for the entire end-to-end infrastructure (People, Process and Technology) on which the product runs to support the target customer experience.
  • Product Development & Strategy : Design and implement insurance product strategies that align with market trends and customer needs.
  • Market Analysis : Conduct regular reviews of market trends and competitor activities to identify opportunities for product innovation and differentiation.
  • Customer Value Proposition (CVP) : Develop strong, differentiating CVPs for insurance products, informed by business intelligence and customer insights.
  • Regulatory Compliance : Ensure all insurance products and processes comply with relevant regulatory requirements and internal policies.
  • Stakeholder Collaboration : Work closely with internal teams (e.g., Sales, Marketing, Operations) and external partners (e.g., insurance providers) to coordinate product development and implementation activities.
  • Performance Monitoring : Monitor product performance against key metrics and implement portfolio remediation strategies as needed to achieve growth and profitability targets.
  • Training & Support : Provide training and support to the sales distribution team to enhance product knowledge and sales effectiveness.
  • QUALIFICATIONS & EXPERIENCE

  • Education : Bachelor’s degree in Business, Commerce, or Management Studies.
  • Experience : Minimum of 8 years in product management, with a strong background in Non-Life insurance. Experience in bancassurance is advantageous.
  • Skills :

  • Strong analytical and strategic thinking abilities.
  • Excellent communication and stakeholder management skills.
  • Proficiency in product lifecycle management and regulatory compliance.
  • Education

  • Bachelor`s Degrees and Advanced Diplomas : Business, Commerce and Management Studies (Required)
  • End Date : October 8, 2025

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    Head Product • ZA

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