DUE: 05 AUG 2026

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

An exciting opportunity has arisen for a Product Manager -Insurtech to join the OM Fintech business, responsible for driving the OM Fintech Insurtech product vision, strategy, implementation and profitability. By defining what the customers wants, the incumbent will ensure build of the right Insurtech propositions and drive the adoption initiatives to meet set revenues targets and profitability.

It is important that the incumbent understands the Insurtech market, product, business, and any constraints involved in order to properly;

Define the product vision, strategy, and roadmap
Gather, manage, and prioritize market/customer requirements
Acting as the customer advocate articulating the user’s and/or lender’s needs.
Drive the commercialization and profitability of the Insurtech business

By creating and communicating a clear product evolution path, the Product manager Insurtech focuses their effort on delivering the best possible customer value while working closely with the Banking, Platform and marketing teams to best meet consumer and business goals.

Responsibilities

In consultation with the Chief Commercial & Products Officer, Head Ecosystem and Partnership and Management Teams;

Product strategy & Planning

Sets and develops the Insurtech product strategy and product evolution through research driven insights
Maintaining an awareness of relevant country and industry forces affecting the strategic approach for the Insurtech business
Identifies new Insurtech opportunities, new products and services in the Insurtech space and improvements to existing Insurtech products and discussing these with fintech management
Defines the road map for the Insurtech Products relevant to the current market demand, and to the identified future growth areas, as per the targets and financial budget.
Assures relevance and strategic fit for all new Insurtech products developed in line with the strategic direction

Product Management

Translate product strategy into detailed requirements and prototypes
Lead the product ideation, concept, and product development
Develops the business case for new products, improvements to existing products, and business ventures.
Oversee the product development process of the final Insurtech use cases within set requirements and timelines.

Product Commercialization & Performance Management

Meet the set revenue and profitability targets for the Insurtech product
Drive Customer Acquisition, Activity and Retention in line with set targets for the Insurtech product
Plan and drive product launches in conjunction with Group marketing and PR teams
Monitoring and measuring of Insurtech profitability and taking appropriate action
Manages the overall product and marketing mix, customer experience and the contribution of each Insurtech use case
Oversees the continual Insurtech product life cycle process and adjusts accordingly.
Reviews benchmarking analysis of competitors, including capabilities, technology, products and services in order strengthen the Insurtech products and services.
Manages the P& L for Insurtech business and driving activation and adoption of Insurtech products on the OM Fintech platform

Product Operations

Ensures process alignment and operational efficiency is reflected at product level
Attends to and ensures product and customer compliance with internal and external set regulation and policies
Reporting and regulatory adherence of all Insurtech related requirements Stakeholder Management
Oversees the engagement, contractual and SLA’s sign offs with stakeholders and ensures these are adhered to.
Engages stakeholders (internal, external) by:
Conducting Brainstorming sessions (“Think tank”).
Producing research and feasibility reports.
Analyzing, developing and recommending Insurtech products design.
People Management
Build, mentor and manage a product team while nurturing a customer-driven product culture.
Ensure continuous support and development of skills and competencies in conjunction with Human capital.

Requirements: Skills, Qualifications and Experience required

A minimum of 6+ years of experience in the product development / payments / Insurtech / information technology industry
Experience in System thinking and Design, Analysis, Product development and Management, Scaled Agile delivery and mobile money solutions
Experience in the Insurtech space will be an added advantage
Understand and Present insights and results of campaigns and plans to senior leadership
Commitment to deliver the agreed work through the team and relevant stakeholders.
Understand the value of Commercial and Adoption metrics, how to manage a P& L, track and drive performance.
Stakeholder Management & Communication Skills

Skills
Customer Value, Performance Driven, Product Operations, Product Strategies

Competencies
Builds Effective Teams
Communicates Effectively
Customer Focus
Directs Work
Drives Engagement
Drives Results
Ensures Accountability
Financial Acumen

Education
Bachelor of Commerce (BComm): Information Technology And Computer Science: Information Technology Management (Required)

TO APPLY
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