Head, Product Development

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To develop and implement the comprehensive open market life insurance product offering and lead and drive the development and implementation of the product management framework across the end-to-end product life cycle to achieve set targets and metrics for income, sales and profitability. Define growth strategies in terms of new markets, channel development and new products to realise the strategic goals and optimise market share and revenue targets, with a focus on driving growth.

Qualifications

Type of Qualification: Post Graduate Degree
Field of Study: Actuarial Science
Licenses & Certifications: Associate of the Society of Actuaries (ASA)

Experience Required
Actuarial
Actuarial
8-10 years
A thorough understanding of the end-to-end Financial Services Value Chain. The role requires Technical Underwriting knowledge and experience. Practical experience of insurance, and product development, specifically in the intermediated retail long term space.

Additional Information

Behavioural Competencies:

• Adopting Practical Approaches
• Articulating Information
• Challenging Ideas
• Checking Things
• Developing Expertise
• Developing Strategies
• Documenting Facts
• Empowering Individuals
• Exploring Possibilities
• Making Decisions
• Providing Insights
• Team Working

Technical Competencies:

• Analysing Insurable Risk
• Insurance Principles
• Insurance Products & Services
• Risk/ Reward Thinking
• Underwriting and Pricing Risk
• Underwriting Management