Product Head, SME Insurance & Beyond at Standard Bank Group

Job Description

• Lead the development of innovative protection solutions for small and medium businesses, anchored in short-term and long-term insurance and extending into offerings beyond insurance. Drive product strategy, design, and delivery to help SMEs safeguard their people, assets, and operations through any challenge.
• Requires 10+ years’ senior product, financial, or insurance experience with a proven track record in delivering impactful, market-ready solutions.

Qualifications

• Type of Qualification: First Degree
• Field of Study: Actuarial Science, Engineering or Business Commerce

Experience Required

Business & Commercial Banking / Financial Services

• 3–4 years in a product management or proposition development role within insurance, banking, or other financial services.
• Hands-on experience in designing, building, and launching solutions for clients, ideally SMEs.
• Exposure to short-term and/or long-term insurance products.
• Strong understanding of how financial products are structured, priced, and distributed.
• Familiarity with operating in regulated financial environments, balancing client needs with commercial and compliance requirements.

Leadership & Strategic Delivery

• 5–7 years in senior product, strategy, or innovation roles within a financial institution or insurer.
• Demonstrated success in creating commercially viable client solutions that deliver measurable value and business growth.
• Skilled in product lifecycle management, go-to-market execution, and managing financial performance (value creation, cost optimisation, ROE improvement).
• Solid grasp of SME market dynamics - including client needs, competitor landscape, and profitability levers.