Product Development Manager

The Federated Employers Mutual Assurance Company (RF) Proprietary Limited is a licensed non-life insurer providing workmens compensation cover for the construction industry. As part of our diversification strategy, FEM is looking for a Product Development Manager who will manage the development of both the new products and enhancement of our existing product offering.

The Successful Candidate Will Support The Chief Business Development Officer With Finalising The Design Of The Minimum Viable Products That Will Be Taken To Market For The Pilot Phase Which Will Include The Following

• Developing and implementing a product development strategy, building on existing processes and frameworks that will drive the development and implementation of new and innovative products to achieve the short-, medium- and long-term strategic and operational objectives.
• Project planning and strategy:
• Developing a comprehensive project plan outlining key milestones, timelines, and resource requirements for the implementation of the pilot program.
• Collaborating with key stakeholders to define the overall strategy for the pilot program and ensure alignment with the companys goals.

Team Coordination

• Leading and coordinating a cross-functional team, including, marketing and sales to ensure a seamless execution of the pilot program.
• Fostering a collaborative environment and facilitating communication among team members to drive collective success.

Resource Management

• Identifying and allocating necessary resources for the pilots, including people, technology, and budgetary considerations.
• Monitoring resource utilisation and adjusting plans as needed to optimize efficiency

Risk Management

• Identifying potential risks and challenges associated with the implementation of the pilot program and developing proactive mitigation strategies.
• Leveraging analytical capabilities and overseeing the building of intelligent tools to extract insights required to enhance the products.
• Regularly assessing and reporting on the pilot program's progress and making adjustments as necessary to ensure successful outcomes.

Stakeholder Communication

• Acting as the primary point of contact for internal and external stakeholders involved in the pilot program.
• Providing regular updates to key stakeholders on the status of the pilot, addressing concerns and soliciting feedback.

Scalability Assessment

• Evaluating the scalability of the product based on pilot results.
• Identifying any adjustments needed before a wider launch.

Post-Pilot Evaluation:

• Conducting a comprehensive evaluation of the pilot programs overall success.
• Making recommendations for improvements or modifications before a full-scale launch.

The Minimum Requirements For The Position Are

• 5 years experience in project management particularly in the implementation of pilot projects or product launches;
• Strong analytical and problem-solving skills, with the ability to think strategically and make data-driven decisions;
• A well-developed commercial acumen;
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across diverse teams;
• Detail-oriented with a track record of successful project execution.

We have offices regionally in Cape Town, Durban and Johannesburg. This position will be based at Head office in Rosebank, Johannesburg.

In exchange for the candidates successful services, FEM offers a competitive total cost to company remuneration with good benefits.

Candidates are invited to submit a detailed CV by close of business on 22 July 2024.

Applications may not be considered if the minimum criteria of the position are not met. People with disabilities are welcome to apply. FEM promotes the principles of Employment Equity, and the appointment of this candidate is at FEM's sole discretion.