Senior Product Specialist
  • Cape Town
  • Old Mutual
Job Description


Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 17 countries.

The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending.

We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.

Role overview

The product specialist role is for a person who wants to contribute to the end-to-end development of solar PV solutions for retail customers.

The product will include 3 core components : A battery, an inverter and solar panels.

A significant amount of time with be spent on :

Designing the proposition

Sourcing vendors for each core component

Ensuring due diligence checks are done on each vendor

Ensuring vendors build the required parts of the PV solution

Designing operational processes in order to sell the product

Managing a few internal resources and liaising with a range of contractors and vendors.

Additionally, this role with start research into value added services required for a home loan product. This may include technical and non technical solutions such as wifi, sensors and security packages.

Role description

Design the end-to-end retail solar PV solution for retail customers.

Ensure that solution designed aligns to the Customer value proposition (CVP) and product strategy of core product. This solar PV solution will be an ancillary product to an additional core product.

Significantly contribute to the development of operational processes required to sell this product.

Liaise with internal legal and governance team to set-up legal agreements with suppliers

Build marketing collateral in order to sell the solution

Conduct research on appropriate value added services for a home loan product, approach partners and create business cases for such services to be incorporated into the overall proposition.

Key Result Areas

Personal Effectiveness

Delivers results through setting specific objectives, quality standards and timeframes, ensuring attainment of goals, diagnosis and interpretation of information.

Works at a team level, and is accountable for service delivery within a function / team.

Product Development

Defines, documents and presents ideas and product concepts

Understands key financial drivers and metrics relating to secured lending and has the ability to make product development decisions based on these metrics

Integrates and develops the product CVP

Understands and maximizes the utilization of different technology enabled applications and interfaces within the design and use of the products

Undertakes feasibility evaluation / testing with limited supervision

Undertakes final product testing / validation / changes and co-ordinates with various business partners to ensure a smooth product build

Undertakes knowledge management processes and practices with limited supervision

Undertakes model / prototype development, testing, reporting and changes with limited supervision

Works independently to undertake market / competitor / customer focused research and document / present findings


Non Negotiable

At least 12 months experience designing or building solar PV solutions for corporate or retail customers. This could have been in a finance or product development capacity and not necessarily an engineering role.

3 year relevant degree

Ability to work without supervision

Ability to communicate with stakeholders in other areas of the business

Excel, Word


Type of degree. Finance, Engineering, Accounting, Economics, Actuarial Science etc.



Collaboration (Relating)

Customer First

Leading with Influence







Closing Date

27 October 2023

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