Britam – Product Development Specialist – Partnerships & Digital.

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Primary Location: Kenya

Organization: Britam

Job Type: Permanent

Shift: Day Job

Contract Type: Full-time

Job Posting: 17-08-2021

Unposting Date: 24-08-2021

Number of Openings:1

Job Purpose and Key responsibilities

Job Purpose:

The Product Development Specialist will drive the development of end-to-end customer solutions with a Partnership and Digital customer focus.

Key responsibilities

  • Product Ideation and Market Research: Generate, develop, communicate and conduct market research for new Corporate product ideas in the market.
  • Product Design and Pricing: Determine technical premiums for new and repackaged Corporate products.
  • Product Risk management: Identify and analyse risks relating to new and repackaged Corporate products, and setting out proposed risk mitigation measures.
  • System and Process Capabilities: Drive the operationalization of new products i.e. ensure processes and systems are in place to administer the complete product administration cycle.
  • Product Approvals: Drive the product approval process both within the Company and externally with the Insurance Regulator and other government bodies – where relevant.
  • Compliance Requirements: Work with the Legal and Risk functions to ensure that all compliance requirements with respect to products are met.
  • Product Documentation: Develop and continually review product training manuals and content for marketing brochures that are appropriate to the target market and distribution channel of the products.
  • Work with the Innovation and other teams to turn data insights into profitable products. 
  • Work with the marketing team to improve the look and feel of Britam product offerings.
  • Own and improve the Britam Corporate client journey with a focus on customer-centricity.
  • Perform any other duties as may be assigned from time to time

Knowledge, experience, and qualifications required

  • University Degree in Actuarial Science – or another highly numerate subject area. 
  • Good progress in the examination from the Institute and Faculty of Actuaries or any equally recognized professional actuarial body (attempted and passed at least 8 actuarial exams).
  • At least 3 years experience in an actuarial or product development function in a very busy office. 
  • Experience across product lines preferred i.e. life and non-life.
  • Proven experience working across functions and with multiple stakeholders.
  • A keen eye for innovation in the insurance and financial services space preferred. 

How To Apply:






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