Head of Product Development Specialist
3 weeks ago
Specd is seeking a highly skilled and experienced Head of Product Development to join our team. As a key member of our leadership team, you will be responsible for driving the development and implementation of our life insurance products.
Key Responsibilities:- Product Design and Development: Support and participate in the execution of our life product strategy in an agile manner, understanding business needs and related gaps to inform the design of product solutions.
- Data Analysis and Reporting: Oversee the development of actuarial or statistical models to aid decision-making and for short- and long-term financial projections, analysing data to identify trends and key insights.
- Legal and Compliance: Ensure adherence to regulatory requirements and internal governance and control policies and procedures, preparing or reviewing product specifications and actuarial reports.
- Actuarial Business Support: Support the group Life business as a member of the divisional exco team, overseeing the application of ORSA methodology and SAM processes and procedures.
- NQF Level 7: Bachelor's degree – Actuarial Science.
- Qualified Actuary.
- Member of Actuarial Society /Institute of Actuaries.
- Minimum 8 years' experience in an insurance regulatory environment.
- Minimum 5 years' experience within actuarial environment, with specific experience related to life insurance pricing and product.
- Objectivity.
- Attention to detail.
- Knowledge/Information Management.
- Financial acumen.
- Interpersonal awareness / empathy.
- Judgement and Decision-making.
- Leading and supervising.
- Managing performance (goal/target setting).
- Motivating People (includes Creating and Selling the Vision).
- Analytical thinking.
Will be agreed based on qualifications, applicable experience, and previous earnings.
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