Specialist: Product Development (Insurance)

Verified Ad Specialist: Product Development (Insurance) AtripleA recruitment & temps Wednesday, 10 June 2026 Insurance and Investments - Other Insurance Pretoria

FULL TIME

Job Specification Company Reference Number MjE3 Job Summary Our client in the long term insurance sector is looking for a Specialist in Product Development to assist in development and pricing of new products, and monitor and maintain the profitability of new and existing products. Description: Assist in developing and pricing products & System design (Individual Life, Direct Marketing and Group Schemes):

• Research of new market developments and generation of new product ideas
• Competitor analysis and feedback from sales staff are used to indicate areas where product development is required

Research product feasibility including administration requirements

• Check compatibility with business ethics
• Assist in the finalization of recommendations to the Life Actuarial Committee
• Perform pricing for target profitability and expense recoupment and assist in the obtaining of Actuarial Certificate from Statutory Actuary.
• Prophet work done with Actuarial Valuations department.
• Ensure final pricing and product offering will be market competitive (TCF)
• Assist with operational matters around product rollouts application forms, quote package and administration system readiness
• Collaborate with other departments (like Client Services, Underwriting and Client Services) to improve systems and processes
• Maintain open relationship and interaction with the sales field

Présentation du poste

• Develop sales aids, marketing concepts and presentations to support sales
• Price group funeral cover Monitoring of in-force business:
• Monitor and analyse in-force data

Expérience

• Perform experience analysis based on report received from reinsurers and valuations department to confirm lapse assumptions and mortality/morbidity assumptions
• Develop amendment bases for changes to in-force business
• Monitor and maintain value of in-force business
• Contribute to the assessment of performance of group schemes and recommend actions when needed
• Report to management Maintenance of reinsurance treaties:
• Research risk rates and reinsurance terms available in the market - including the use of financial reinsurance

Formation / Diplômes

• Oversee that data and information are provided to reinsurers for special projects
• Maintain relationship with current and potential future reinsurers
• Contribute to ensure that optimal levels of reinsurance are in place Provide professional input & support to the Group:
• Answer client queries of a technical nature that was escalated by staff members
• Attend to ombudsman queries of a technical nature
• Assist with amendments to policies where support is required
• Answer values and product related queries from other departments Requirements:
• B Degree Actuarial Sciences
• Passed the A-level subjects
• Close to qualification
• Prophet experience - Technical Certification
• 3 to 5 years in long-term insurance
• Product development and pricing AtripleA recruitment & temps Recruiter Apply Now Refer a friend

---

**

[Click the Apply button below to see the contact details]