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Product Manager – Financial Products
Our client is seeking a Product Manager with 8-10 years of experience to drive product strategy and execution in the life insurance and annuities space. This role is critical in leading product initiatives related to actuarial modeling, calculation engines, and product configuration. The ideal candidate has a strong background in financial products, particularly within actuarial systems, API-driven platforms, and product architecture. This is a newly created, high-impact role offering strong visibility with leadership and the potential for career growth into a people leadership position within a year.
Key Responsibilities:
- Develop and execute a long-term product roadmap aligned with business strategy and customer needs.
- Understand fundamentals of iterative development, software development process and procedures
- Lead the strategy and execution for product configuration and actuarial modeling systems within life and annuities.
- Work in an Agile/Scrum environment, defining epics, user stories, and ensuring smooth implementation.
- Partner with engineering, actuarial teams, and product owners to refine and optimize calculation engines and system architecture.
- Engage with stakeholders to ensure KPIs and business outcomes are met, aligning product decisions with broader business objectives.
- Research industry best practices to enhance product management and technology adoption.
- Support the migration of annuity contracts (June target) and contribute to upcoming term product launches.
- Actively mentor and coach product owners and junior team members, fostering a culture of growth and collaboration.
Desired Qualifications
- Certified Product Manager or similar certification
- Proven success developing business cases, roadmaps, and business unit strategy
- Strong ability to effectively manage and resolve conflicting priorities
- Expertise with foundational product management tools, techniques and principles across discovery, design, build, release, and measure cycle.
- Proven success in developing and leading product teams in multiple contexts
- Demonstrated experience with user interface design and best practices for usability
- Success working in large, complex organizational initiatives
- Advanced skills in MS Office Suite with particular emphasis on Excel and PowerPoint Experience using Product Management tools for building roadmaps, managing backlogs, gathering customer feedback
- Adept at financial management to administer budgets across multiple products and ensure the product meets its requirements for return on investment
Ideal Candidate Profile:
- 8-10 years of product management experience in financial services, particularly in life insurance or annuities.
- Background in actuarial product management, calculation engines, or financial product modeling.
- Strong understanding of APIs, system architecture, and product configuration within an enterprise technology environment.
- Experience working in Agile/Scrum methodologies, collaborating with engineers and business stakeholders.
- Ability to translate complex actuarial and financial concepts into actionable product strategies.
- Not currently a people leader but aspiring to transition into leadership within the next year.
- Strong communication, collaboration, and stakeholder management skills.
This role offers an opportunity to make a significant impact in shaping our financial product strategy. If you have the right background and are looking for a challenging yet rewarding product management role, we encourage you to apply.
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