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Product Manager - Credit/Insurance

Product Manager - Credit/Insurance

City: Johannesburg, Midrand

Permanent


A financial services client situated in Midrand is recruiting a Product Manager for their Credit and Insurance portfolio on a permanent basis.


Main purpose of the job:

  • To manage and land a defined set of client products to ensure optimal positioning in the market place

 

Minimum education:

  • B Com with a major in econometrics/economics/financial management /statistics / business administration


Minimum experience:

  • Five years’ experience in product management/banking


Critical competencies:

  • Knowledge and understanding of Product Management
  • Project management
  • Financial competency
  • Organisational skills
  • Project management skills
  • MS Office Skills
  • Report writing skills
  • Presentation skills
  • Written communication skills


Additional competencies:

  • Attention to detail
  • Deadline driven
  • Customer orientated
  • Analytical skills

 

Behavioural competencies:

  • Initiative
  • Professionalism


Key result areas

  • New product management


Key performance inputs/activities

  • Development of new products
  • Provides insight into the development of new products based customer knowledge experience
  • Do analytics to analyse trends, identify customer segments and determine customer needs.
  • Project manage the implementation of key strategic project
  • Understand the interplay across products and customer needs


Key result areas

  • Product Monitoring and Research


Key performance inputs/activities

  • Understand product landscape and key product features
  • Define Product specific architecture
  • Monitor and analyse current trends in the market to identify areas of risk and opportunities
  • Understand competitor landscape locally and globally
  • Develop propositions, pricing and new product ideas
  • Drive customer needs analysis initiatives
  • Formulate proposals for required action
  • Present proposal to stakeholders for final sign off or refinement
  • Complete concept documents detailing product idea with necessary inputs
  • Continuously monitor product against envisaged plan/proposal


Key result areas

  • Product management


Key performance inputs/activities

  • Develop in conjunction with marketing and change, an annual product marketing plan
  • Develop in conjunction with Training and change, an annual product training plan
  • Understand the law and new legislation in the design of new products
  • Perform bi-annual product proposition reviews in conjunction with key stakeholders
  • Provide direction and views around sales plans and targets
  • Understand and drive the revenue-enhancing abilities of the product
  • Ensure product meets profit targets established

Contact: diane@recruitu.co.za