Associate Product Manager, Life Insurance Product Management Strategy

Manulife Financial Corporation

Toronto, ON

Number of positions available : 1
Salary To be discussed
Published on November 12th, 2024
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Starting date : 1 position to fill as soon as possible

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Description

The Global High-Net-Worth (Global HNW) Life Insurance Business was formed in 2023 to leverage Manulife’s enterprise-wide capabilities in serving this customer segment. By bringing together Manulife Bermuda with Manulife Hong Kong’s and Manulife Singapore’s International Brokerage Channel, the GHNW business can capitalize on the strengths of the three business units to accelerate growth in the HNW and Ultra HNW markets.

The Associate Product Manager, Life Insurance Product Management Strategy will report to the Manulife Bermuda Sr Director of Product Management. This role will operate as a strategist, a consultant and an implementer. She / he will play a key role in conducting market research, analyzing competitor strategies, and executing strategic product projects. The Associate Product Manager will work closely with global teams to identify competitive trends, assess market opportunities, and inform business strategies to enhance Manulife Bermuda’s competitive advantage.

Responsibilities:

Gather and synthesize data on competitor strategies, product offerings, and market share
Generate insights and develop recommendations to inform strategic decision-making and business planning
Collaborate with cross-functional teams to understand market dynamics and competitive landscape and drive tactical implementation of business strategies
Set up reporting infrastructure to monitor industry trends and developments to identify potential opportunities and threats
Lead regular updates and reports on competitive analysis to the leadership team
Contribute to the development of innovative strategies for product development
Drive innovation and collaboration with the other Manulife entities to share ideas globally, as well as implement products and processes to support serving global HNW customers
Support senior leadership discussions and facilitate problem-solving workshops with cross-functional stakeholders

Knowledge / Skills / Competencies:

Bachelor’s degree in business, finance, or related field
Proven experience in market research and competitive analysis
Ability to gather and synthesize data to provide actionable insights
Understanding of market dynamics and competitive landscape in the high-net-worth segment
Excellent communication and collaboration abilities
Familiarity with competitive analysis tools and methodologies
Strategic thinking and the ability to contribute to competitive strategy development
Creative thinker with an innovative, growth-oriented mindset
Strategic thinking and the ability to contribute to product strategies and roadmaps Strong leadership skills with ability to motivate and influence associates at all levels and at a distance

When you join our team:

We’ll empower you to learn and grow the career you want.
We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
As part of our global team, we’ll support you in shaping the future you want to see

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com.

Primary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$68,475.00 USD - $114,125.00 USD

If you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact recruitment@manulife.com for more information about U.S.-specific paid time off provisions.