Product Head, Sme Insurance & Beyond

Johannesburg, Gauteng, South Africa

Job Description

Company Description
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities - plus the chance to work alongside some of the sector's most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We're passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Lead the development of innovative protection solutions for small and medium businesses, anchored in short-term and long-term insurance and extending into offerings beyond insurance. Drive product strategy, design, and delivery to help SMEs safeguard their people, assets, and operations through any challenge. Requires 10+ years' senior product, financial, or insurance experience with a proven track record in delivering impactful, market-ready solutions.
Qualifications
Type of Qualification: First Degree
Field of Study: Actuarial Science, Engineering or Business Commerce
Experience Required
Business & Commercial Banking / Financial Services

  • 3-4 years in a product management or proposition development role within insurance, banking, or other financial services.
  • Hands-on experience in designing, building, and launching solutions for clients, ideally SMEs.
  • Exposure to short-term and/or long-term insurance products.
  • Strong understanding of how financial products are structured, priced, and distributed.
  • Familiarity with operating in regulated financial environments, balancing client needs with commercial and compliance requirements.
Leadership & Strategic Delivery
  • 5-7 years in senior product, strategy, or innovation roles within a financial institution or insurer.
  • Demonstrated success in creating commercially viable client solutions that deliver measurable value and business growth.
  • Skilled in product lifecycle management, go-to-market execution, and managing financial performance (value creation, cost optimisation, ROE improvement).
  • Solid grasp of SME market dynamics - including client needs, competitor landscape, and profitability levers.
Additional Information
Behavioural Competencies:
  • Developing Strategies
  • Embracing Change
  • Empowering Individuals
  • Establishing Rapport
  • Generating Ideas
  • Making Decisions
  • Producing Output
  • Pursuing Goals
  • Showing Composure
  • Taking Action
  • Understanding People
  • Valuing Individuals
Technical Competencies:
  • Economic Capital Management
  • Risk Reporting
  • Risk Response Strategy
  • Risk/ Reward Thinking
  • Written Communication

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Job Detail

  • Job Id
    JD1494624
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned