Income Product Development Expert at Old Mutual South Africa

Job description
Brief Description

The Income Solutions Centre of Excellence ensures Old Mutual Emerging Markets delivers best-in-class income propositions to our customers. The market for annuities and other income solutions is shifting with significant changes to customer needs, demographic profiles and regulations expected in the coming years.

We have an exciting opportunity for a Senior Product Development Expert to play a key role in enhancing the value of Old Mutual’s Retail annuity product offering. The successful candidate will focus specifically on new developments where they will create, refine and clarify the detailed definition of the business need, design the corresponding business processes and support the implementation of the business solution. The individual should be recognised as a lead specialist in their own area within the organization and provide thought leadership, mentoring and guidance to others while being an expert in Business Analysis Techniques

KRA's

Key Result Areas

• Budget Control
• Ability to present highly complex ideas and solutions and demonstrate value
• Analysing the business environment as input into the business strategy
• Applying in-depth expertise to complex organisational problems, developing innovative solutions
• Business Analysis - Create and refine the detailed definition of business needs, and the corresponding business processes
• Business Analysis planning and monitoring, including measuring progress
• Designs and reviews new business processes
• Elicitation of requirements, including requirements analysis, management and communication
• Identifies and manages stakeholders and their needs
• Selects, implements and governs the use of Business Analysis techniques, methodologies and templates
• Solution assessment and validation
• Business Analysis
• Analyses business problems at an Enterprise level
• Identify business needs, redefining and clarifying the definition of those needs
• Leading change - Designs change to match organisational need; drives the change process forward; maintains momentum and a clear sense of overall purpose and strategic impact of change
• Supporting the implementation of business solutions
• Works collaboratively with Business Owners and Business Architects to understand business problems and recommends solutions that enable the organization to achieve its goals.
• Business-Specific Objectives and accountability
• Able to participate in developing Business Strategies
• Presenting information and analysis to make recommendations
• Project Management
• Develops strategy for project/ programme execution
• Leads Business Requirement/ Design phases on projects or programmes with significant risk and complexity to achieve milestones and objectives
• Stakeholder Management
• Builds mutually beneficial relationships within the organisation
• Identifying relevant stakeholders and their needs
• Responding to stakeholder needs and influencing the development of alternative solutions
• Strategy
• Managing budgets on large projects or significant programs
• Team Effectiveness
• Acts as mentor to the wider team and supports an environment of continual improvement
• Directs team delivery

Job Requirements

Role Qualifications

• Degree level or equivalent working experience. Minimum 8+years of relevant BA experience
• Annuity (living and guaranteed) product knowledge advantageous
• Prior Financial Services background advantageous

Competencies

• Collaboration (Relating)
• Leading with Influence
• Customer First
• Execution
• Strategic
• Innovation (Perspective)
• Personal Mastery (Learning)

Role Description

• Establish overarching product architecture for new Income product developments
• Design and document product processes (covering new business, transactions, etc.)
• Provides, mentorship, team leadership, and guidance to others.
• Ownership and governance of business analysis methodology
• Creating a requirements framework across a programme
• Identify, refine, clarify, and define the business need
• Able to assist with projectrequirements planning
• Applying and anticipating technical expertise

Additional Details

Appointments will be made in line with the Old Mutual Employment Equity Plan.

We welcome applications from candidates with disabilities.