Insurance Product Development Specialist

Our client is looking for an innovative and strategic Insurance Product Development Specialist to join their team in Vereeniging . This role is responsible for conceptualizing, designing, and launching new insurance products and enhancing existing ones to meet evolving market demands and customer needs. You will work closely with actuarial, marketing, and sales teams to ensure products are competitive, profitable, and compliant.

This hybrid position offers a dynamic work environment, blending in-office collaboration with remote flexibility, contributing to the company's growth and market leadership in Gauteng .

• Conduct market research and analysis to identify opportunities for new insurance products.
• Design product features, benefits, pricing structures, and policy wordings.
• Collaborate with actuarial teams to ensure financial viability and risk adequacy of new products.
• Develop go-to-market strategies and support materials for product launches.
• Ensure all product designs comply with regulatory requirements and industry standards.
• Monitor the performance of existing products and recommend improvements or adjustments.

• Bachelor's degree in Business, Finance, Marketing, or a related field.
• Proven experience in insurance product development, management, or a similar role.
• Strong understanding of the insurance lifecycle, market dynamics, and customer needs.
• Excellent analytical, strategic thinking, and project management skills.
• Effective communication and interpersonal skills for cross-functional collaboration.
• Familiarity with regulatory frameworks governing the insurance industry in South Africa.

• Competitive salary and performance-based bonuses.
• Hybrid work model providing flexibility.
• Comprehensive health and wellness benefits.
• Opportunities for career growth and professional development.
• A stimulating role in shaping the future of insurance offerings in Vereeniging .