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  • Posted: Oct 7, 2025
    Deadline: Oct 31, 2025
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  • Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise the possibilities on our continent and beyond.
    Read more about this company

     

    Head: Product

    Job Summary

    • To develop tactical strategy and delivery plans, formulate associated practice/s and to ensure operational implementation and adoption i.t.o. product development methodology and delivery objectives.

    Job Description

    • Commercial management: Accountable for managing the commercial performance (P&L) of the product across the product lifecycle in support of the business's high-level financial ambitions and Balance Sheet shape;
    • Product Management: Delivers a compelling and insights led Product Proposition offering that aligns to and enables the business and customer strategies: | Product Infrastructure: Accountable for the entire end-to-end infrastructure (People, Process and Technology) on which the product runs to support the target customer experience.
    • Product Development & Strategy: Design and implement insurance product strategies that align with market trends and customer needs.
    • Market Analysis: Conduct regular reviews of market trends and competitor activities to identify opportunities for product innovation and differentiation.
    • Customer Value Proposition (CVP): Develop strong, differentiating CVPs for insurance products, informed by business intelligence and customer insights.
    • Regulatory Compliance: Ensure all insurance products and processes comply with relevant regulatory requirements and internal policies.
    • Stakeholder Collaboration: Work closely with internal teams (e.g., Sales, Marketing, Operations) and external partners (e.g., insurance providers) to coordinate product development and implementation activities.
    • Performance Monitoring: Monitor product performance against key metrics and implement portfolio remediation strategies as needed to achieve growth and profitability targets.
    • Training & Support: Provide training and support to the sales distribution team to enhance product knowledge and sales effectiveness.

    QUALIFICATIONS & EXPERIENCE

    • Education: Bachelor’s degree in Business, Commerce, or Management Studies.
    • Experience: Minimum of 8 years in product management, with a strong background in Non-Life insurance. Experience in bancassurance is advantageous.

    Skills:

    • Strong analytical and strategic thinking abilities.
    • Excellent communication and stakeholder management skills.
    • Proficiency in product lifecycle management and regulatory compliance.

    Education

    • Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

    End Date: October 8, 2025

    Check how your CV aligns with this job

    Method of Application

    Interested and qualified? Go to Absa Group Limited (Absa) on absa.wd3.myworkdayjobs.com to apply

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