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  • Posted: Dec 4, 2024
    Deadline: Not specified
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  • TFG (The Foschini Group) is a South African fashion lifestyle retailer & comprises of 22 fashion forward brands. Our range includes some of the leading fashion, home wear, sportswear, cellular and jewellery brands in the country, as well as a host of innovative financial services. TFG comprises of the following 22 exciting retail brands; @home, @homelivi...
    Read more about this company

     

    Product Manager - Insurance

    Key Responsibilities

    • Accountable for product /strategy by ensuring that relevant marketing strategies and plans are in place for their product to achieve overall competitive advantage and profitability.
    • Manage the end-to-end product lifecycle, from conceptualization to launch, for key initiatives within our product portfolio.
    • Budget Management
    • Conduct market research, competitive analysis, and customer feedback to identify opportunities and inform product decisions
    • Ensure compliance with the relevant legislation (e.g. FAIS, CPA, POPI, NCA etc)
    • Ensure adequate risk management to monitor solvency of products and cell captive [i.e., where we pay claims] and proactively implement action plans.
    • Enhance the product and distribution channels as well as identify new opportunities to grow the existing product.
    • Influence and negotiate with internal and external business partners / providers [e.g. Guardrisk]
    • Ensure effective communication strategies are implemented and aligned to the product plan with the policy holders [i.e. customers]
    • Achieve growth/profit targets for the products by enhancing communication channels between the stakeholders [i.e. contact centre and stores] to maximize business requirements, processes and efficiencies.
    • Provide strategic support to the insurance manager and product team [i.e. legal advisor, underwriters and claims administration].
    • Ensure execution with the agreed product strategy to ensure brand objectives are met.
    • Ensure adhoc business projects are executed within the agreed timelines

    Requirements:

    • Diploma or degree in Business/Finance or related Degree in the industry that the Product serves.
    • Training in Agile delivery
    • 5 - 7 years of experience working in a customer facing organisation
    • Experience in Omnichannel Product Development and Scalability.
    • Demonstrated success in defining and launching products that meet and exceed business objectives
    • Deep Product Knowledge and/or Subject Matter Expertise in Applications and embedding these in key customer markets
    • Astute Customer Market Awareness
    • Excellent Collaborative Skills
    • Proven ability to influence cross-functional teams without formal authority
    • Commercial & Financial understanding

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