Job Responsibilities\u00a0<\/p>\n
Strategic Leadership and Product Development<\/p>\n
\tLead the end-to-end lifecycle management of VAS and insurance product propositions, from ideation through to market launch and ongoing optimization.
\n\tDevelop and execute winning product and VAS strategies that align with Postbank\u2019s retail and insurance business goals.
\n\tIdentify market trends, customer needs, and competitive landscape to innovate and enhance product offerings.
\n\tCollaborate with cross-functional teams including marketing, sales, underwriting, actuarial, technology, and operations to ensure successful product delivery and adoption.
\n\tManage relationships with external partners and vendors to integrate and optimize value-added services and insurance products.<\/p>\n
Commercial and Financial Management<\/p>\n
\tOversee pricing strategies, profitability, and revenue management for VAS and insurance product lines.
\n\tConduct competitive analysis and benchmarking to maintain market-leading propositions.
\n\tMonitor product performance metrics and implement revenue assurance practices to minimize income leakage.
\n\tPrepare and present business cases for new propositions and enhancements to senior management and stakeholders.\u00a0<\/p>\n
Value Proposition Design and Customer Experience<\/p>\n
\tDesign unique and differentiated value propositions that address customer pain points and deliver measurable value.
\n\tUse customer insights and market research to continuously refine product features and benefits.
\n\tEnsure customer-centricity in product design, focusing on improving customer experience, process efficiency, and turnaround times.
\n\tLead marketing campaigns and communication strategies to promote VAS and insurance propositions effectively.<\/p>\n
Regulatory Compliance and Risk Management<\/p>\n
\tEnsure all VAS and insurance products comply with relevant regulatory requirements and industry best practices.
\n\tWork closely with legal and compliance teams to mitigate risks associated with product offerings.
\n\tEnsure a robust risk management and compliance model for the insurance business across client segments according to local regulations and internal policies
\n\tEnsure active monitoring and maintenance of risk management policies and controls \/ standards
\n\tEnsure all insurance-related staff and activities are compliant with local and Group policies \/ standards \/ controls
\n\tResponsible for any necessary reporting as required by local country insurance authorities and regulators. Group Insurance must be informed of all external communications to regulators\u00a0<\/p>\n
Role Requirements:<\/p>\n
Qualifications:<\/p>\n
\tBachelor\u2019s degree in Business, Finance, Insurance, or a related field; advanced degree or MBA preferred<\/p>\n
Experience:<\/p>\n
\tExtensive experience (typically 8+ years) in product management, value-added services, or insurance product development within the banking or financial services sector.
\n\tExperience managing cross-functional teams and external vendor relationships.
\n\tCandidates having experience in Insurance business especially in Banking Industry would be preferred
\n\t5-8 years\u2019 experience in Insurance business especially in Banking or Financial Services Industries would be preferred
\n\tLeadership roles, with strong experience in sales and business management, as well as product development.<\/p>\n
go to method of application \u00bb<\/p>\n
Apply via company website ( N \/ A ) or<\/p>\n
www.postbank.co.za<\/p>\n
<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"http:\/\/www.postbank.co.za","_company_name":"Postbank (SOC) Ltd","_company_website":"http:\/\/N%20\/%20A","_company_tagline":"Postbank is a bank by South Africans for South Africans and like all the other renowned commercial banks in the South African market, Postbank is all about serving the South African citizens and creating lasting value. The Bank\u2019s core function is to provide cost-effective financial services to So... read moreuth Africans. It views itself as a banking and financial services provider that is orientated on the needs of the South African people and protecting their funds. MANDATE Postbank\u2019s mandate of financial inclusion entails provision of the following services to all South African citizens: Grow savings Improve welfare Create a safe transacting environment; and Improve financial literacy","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job_listing_region":[11],"job-types":[12],"class_list":{"0":"post-12008","1":"job_listing","2":"type-job_listing","3":"status-expired","4":"hentry","5":"job_listing_region-gauteng","7":"job-type-full-time"},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings\/12008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/users\/2"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/media?parent=12008"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job_listing_region?post=12008"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-types?post=12008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}