Our client is seeking an innovative and strategic Insurance Product Development Manager to lead the creation and enhancement of their insurance product offerings. This hybrid role, based in Kimberley , involves market research, trend analysis, and collaborating with cross-functional teams to design competitive and profitable insurance products. You will be instrumental in shaping the company's product portfolio to meet evolving customer needs and market demands. This is a significant prospect for a seasoned product professional to drive innovation in the insurance sector.
Key Responsibilities
- Lead the end-to-end product development lifecycle from ideation to launch.
- Conduct market research and competitor analysis to identify opportunities and gaps.
- Collaborate with underwriting, actuarial, marketing, and sales teams to define product features and pricing.
- Develop business cases and product strategy documentation.
- Ensure products comply with all regulatory requirements and internal standards.
- Monitor product performance post-launch and recommend improvements.
Requirements
- Bachelor's degree in Business, Marketing, Finance, or a related field; MBA preferred.
- Minimum of 7 years of experience in product management, with a focus on insurance products.
- Proven ability to successfully launch and manage new products in the market.
- Strong understanding of the insurance industry, market dynamics, and regulatory landscape.
- Excellent analytical, strategic thinking, and project management skills.
- Exceptional leadership and communication capabilities.
Benefits
- Executive-level salary and bonus structure.
- Hybrid work arrangement offering flexibility.
- Comprehensive executive health benefits package.
- Generous retirement savings plan.
- Opportunities to influence product strategy at a high level.
📌 Insurance Product Development Manager (Kimberley)
🏢 Placements24
📍 Kimberley
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