Product Manager: Homeowners Insurance - Johannesburg
Absa Group Limited Absa · Johannesburg, Gauteng
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- Minimum 7 to 10 years' experience within the Short-Term Insurance industry.
- Minimum 5 years' experience in Product Management, Product Development, Portfolio Management, or Product Strategy. Proven experience within Personal Lines, Homeowners, Household Contents, or Property Insurance products.
- Demonstrated success in managing product portfolios and driving commercial performance.
- Experience working with cross-functional stakeholders and leading strategic initiatives.
- Strong understanding of insurance regulations, governance frameworks, and market trends.
Job Description
- Product Enhancement: Remain abreast of industry standards to identify new product opportunities.
- Risk and Control: Continuously review product processes to identify areas of real and potential risk within the Product
- Product Analysis: Review Product process to continuously look for enhancements within the product process
- Stakeholder Management: Manage relationships with critical stakeholders such as tech, operations, channel etc to ensure optimal product delivery end to end
Key Responsibilities
- Develop and execute the product strategy for the Homeowners Insurance portfolio.
- Manage the end-to-end product lifecycle, including product design, development, enhancement, and maintenance.
- Drive portfolio growth, profitability, retention, and market competitiveness.
- Monitor product performance and identify opportunities for optimisation and innovation.
- Conduct market research, competitor analysis, and customer insight reviews.
- Collaborate with Underwriting, Actuarial, Claims, Distribution, Marketing, Compliance, Operations, and Technology teams.
- Prepare business cases and recommendations to support product enhancements and new product initiatives.
- Ensure compliance with all regulatory requirements and governance standards.
- Support strategic initiatives that enhance customer experience and business performance.
Minimum Requirements
Qualifications
Bachelor's Degree in
- Business Management
- Commerce
- Finance
- Insurance
- Economics
- Marketing
- Actuarial Science
- or a related field
- Relevant Short-Term Insurance qualifications will be advantageous.
- Postgraduate qualification Honours, MBA, MCom, or equivalent is advantageous.
- FAIS Regulatory Examination RE5 is advantageous.
Experience
- Minimum 7 to 10 years' experience within the Short-Term Insurance industry.
- Minimum 5 years' experience in Product Management, Product Development, Portfolio Management, or Product Strategy.
- Proven experience within Personal Lines, Homeowners, Household Contents, or Property Insurance products.
- Demonstrated success in managing product portfolios and driving commercial performance.
- Experience working with cross-functional stakeholders and leading strategic initiatives.
- Strong understanding of insurance regulations, governance frameworks, and market trends.
Key Competencies
- Product Strategy and Portfolio Management
- Commercial and Financial Acumen
- Customer-Centric Thinking
- Product Development and Innovation
- Market Analysis and Competitive Intelligence
- Stakeholder Management and Influence
- Strategic Problem Solving
- Project Management
- Excellent Communication and Presentation Skills
Education
- Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies Required
End Date: August 26, 2026