Trainee Product Specialist

  • Aquarius Recruitment Specialists
  • Cape Town, Western Cape, South Africa
  • May 05, 2017
Permanent Investment

Job Description

To ensure that the Company’s Investments product range is appropriately structured relevant to client needs and that it is appropriately positioned and priced compared to the industry. The successful candidate will provide a specialist internal knowledge base of product design, legislation and taxation to inform the decision-making forums

Job Specification

High level responsibilities

•    Work closely with the Executive: Product Development to identify opportunities and implement new products as well as introduce new product features for existing product suite
•    Document research and analysis of new product opportunities for use in decision making within various business forums
•    Assist with managing the product development cycle and when required run and drive certain aspects of the cycle
•    Engage and support internal departments when process changes affect existing and new product strategies

Main duties and responsibilities
•    Assist the Executive: Product Development with all product related matters and analysis
•    Implement and maintain a structured process to review competitor products. Draft product proposal and product specification documents for presentation to Product Forum and Executive team
•    Formulate product specification documents for all existing and proposed products
•    Provide expert advice to business on queries relating to the Company’s Investments product suite (including all related acts and publications as well as discussion papers) and industry codes
•    Participate in formative discussions with internal business departments and other external service providers on product matters
•    Provide written collateral for inclusion in client, intermediary and staff publications
•    Present new product features during intermediary workshops / meetings
•    Investigate the internal and external product development landscape and prepare findings for key business stakeholders
•    Document and deliver report on the Company’s Investments and competitor offerings for use in product related decision making forums and development of distribution team knowledge base
•    Conduct approved research on additional types of products or product features that the Company’s Investments could consider in addition to the current product range
•    Project managing the implementation of new products from a Product Development perspective
•    Regular engagement with members of Executive Team Members, regarding project collaboration and assistance with technical product related matters

Experience
•    A minimum of three years’ experience in product development within a LISP, and/or an asset manager. Life insurance company experience will be advantageous
•    Project management experience within financial services industry

Qualifications
•    An actuarial science, statistics and/or mathematics focused degree. Strong analytical qualification will also be considered

Key Competencies
•    Strong attention to detail
•    Investigative nature to unpack complicated products
•    Proactive and able to use initiative
•    Clear thinker
•    Self-starter
•    Ability to multi-task
•    Highly organised and efficient
•    Ability to communicate complicated issues clearly verbally and in writing
•    Evidence of being able to work collaboratively
•    Good communication and interpersonal skills
•    LISP industry knowledge

Systems knowledge
•    MS Office Suite
•    Applicable LISP administration systems

Job Level

Junior

Salary Range

Negotiable