Insurance Product Development Manager
Placements24 • North West, ZA
8 days ago
Job description
About the Role
Our client is seeking a strategic and innovative Insurance Product Development Manager to lead the creation and enhancement of their insurance product portfolio in Mahikeng . You will be responsible for market research, product design, and lifecycle management to ensure our offerings remain competitive and meet evolving customer needs within the insurance sector. This is a leadership role requiring a blend of market insight, strategic thinking, and cross-functional collaboration.
Key Responsibilities
- Conduct market research and competitive analysis to identify opportunities for new insurance products.
- Design, develop, and launch innovative insurance products from concept to market.
- Manage the product lifecycle, including performance monitoring, pricing adjustments, and feature enhancements.
- Collaborate with underwriting, actuarial, marketing, and sales teams to ensure successful product implementation.
- Develop product strategies, roadmaps, and business cases to gain stakeholder buy-in.
- Ensure all products comply with regulatory requirements and company standards.
Requirements
- Bachelor's degree in Business, Finance, Marketing, or a related field; MBA is a plus.
- Minimum 6 years of experience in product management or product development, ideally within the insurance industry.
- Strong understanding of insurance products, market dynamics, and regulatory frameworks.
- Demonstrated success in launching and managing profitable insurance products.
- Excellent strategic thinking, analytical, and communication skills.
- Proven ability to lead cross-functional teams and manage complex projects.
Benefits
- Attractive executive-level salary and performance-based bonuses.
- Key role in shaping the future of the company's insurance offerings.
- Comprehensive benefits package including health, retirement, and life insurance.
- Opportunities for professional development and executive training.
- A dynamic and collaborative work environment in Mahikeng .
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