Job Description

Closing Date 2025/06/06
Reference Number MMH250523-2
Job Title Senior Technical Product Specialist
Position Type Permanent
Role Family Actuarial
Cluster Momentum Corporate
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion or Cape Town
IntroductionThrough our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them, and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platform,s Momentum Group provides practical financial solutions for people, communities and businesses. Visit us at
Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role PurposeThe key responsibility of this role is to provide technical product expertise for umbrella retirement and group insurance solutions. This includes providing legal and contract interpretation support, in-depth knowledge of product features, and the regulatory framework governing the design and functioning of these solutions. The incumbent will be responsible for the implementation of product management and new product initiatives, in collaboration with the internal stakeholders.
RequirementsExperience and Qualifications

• Actuarial or Commerce-related degree.
• At least 10 years of Employee Benefit work experience in the South African markets.
• In-depth understanding of the umbrella fund and group insurance market, products, and regulations.
• Experience in drafting and interpreting pension fund and group insurance policy documents.
• Experience with design thinking, lean implementation, and agile methodologies is advantageous.

Duties & Responsibilities

• Take leadership within the Product Solutions team of all technical product initiatives and be the subject matter expert that provides authoritative guidance to internal and external stakeholders, given the regulatory framework in which we operate.
• Provide authoritative input into claim disputes and drive the control cycle of enhancing and clarifying policies to avoid future disputes and uncertainties.
• Develop, plan, implement and take joint accountability for the strategy of product development and research, partnering with other product and pricing teams as well as distribution, in response to the Momentum Corporate strategy.
• Collaborate with other teams (including the actuarial team, quotes, rate review teams, client services, disability management, marketing, digital client experience, IT and legal) to ensure that new products are solution-orientated and fit for purpose to clients and markets.
• In partnership with the digital client experience and IT teams, ensure the development and maintenance of appropriate infrastructure (IT, distribution and support network, client services) required for the efficient operation and servicing of our products.
• Investigate ways of improving the client experience to both internal and external stakeholders.
• Influence new business, marketing and communication support processes by signing off content on product development and research to improve perception, understanding and acceptance of innovative and new product work in the division.
• Contribute to a service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service.
• Ensure technical product and legislative knowledge is always current in order to propose the most relevant and innovative client solutions and comply with governance requirements. Drive continuous learning within Momentum Corporate, to ensure the wider business is up to date on any of these.
• Be self-confident, self-motivated and relentlessly pursue targets and goals.
• Develop and maintain productive and collaborative working relationships with peers, clients and stakeholders.
• Development of the client value propositions, including tracking of client behaviour and making recommendations to enhance the client value proposition.
• Focus on client needs and driving business strategies and processes to deliver on these needs.

Competencies

• Strategic thinking.
• Business acumen.
• Drive for results.
• Accountability.
• Communication skills.
• Teamwork and collaboration.
• Stakeholder engagement and management.
• Embrace diversity and inclusiveness.

PolicyWe are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

Momentum Group