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Product Manager

New York Life Insurance Co logo

Location
United States
Base Salary
85k-148k USD
New York Life Insurance Co

Job Description

Job Requisition ID: 90825

Location Designation: Fully Remote

Group Benefit Solutions deliverscomprehensive insurance and absence management solutions for mid-sized and large companies. Our work fosters a healthier, happier, and more secure workforce, contributing to New York Life’s legacy of beingthere when we’re needed most. Here, you'll design, implement, and support these solutions directly impacting employees’ lives. At our core, we provide financial security and peace of mind to people through our absence, accident, disability, voluntary benefits, and life insurance solutions. Click here to learn more about Group Benefits solutions.

Role Overview:

Reporting to our Product Lead or Product Center of Excellent Lead, this position will support defining, prioritization, and execution of the product roadmap as well as driving cross functional teams of internal stakeholders and external vendors to deliver on our vision.

The ideal candidate will have a firm understanding of the supplemental health, group insurance and financial wellness market. He/She/They should have experience executing on complex project plans, leveraging internal data and feedback to build knowledge and drive effective business decisions, and the aptitude to build solutions and capabilities.

What You’ll Do:

  • Build and maintain a level of technical and business knowledge about the assigned products and services supported; act as the SME resource and point of contact for internal partners.
  • Work collaboratively with matrix partners to gather market intelligence about products, pricing, positioning, value propositions, channel conflicts/opportunities to inform development / implementation of winning strategies and tactics.
  • Leverage competitive insights, market knowledge, and business acumen to create a vision for their supported products and services as well as a multi-year plan (or roadmap) to achieve it, with the goal of maximizing the value created over the short and long-term.
  • Educate internal teams with effective training, tools and materials that articulate the value proposition of assigned products and services.
  • Develop B2B strategies in partnership with Marketing to provide critical product information and consultation to clients and brokers.
  • Responsible for oversight of key initiatives and critical functions in support of the roadmap to drive work across the company end-to-end throughout the product lifecycle.
  • Ongoing evaluation based on established expectations and goals. Identification and facilitation of issue resolution.

What You’ll Bring:

  • Bachelor’s degree with a minimum of 5+ years of experience in the group insurance industry.
  • Proven track record of developing strong relationships with matrix partners, distribution and/or vendors.
  • Ability to drive results for multiple key objectives simultaneously and prioritize work.
  • Open minded and creative – seeks ‘out of box’ solutions.
  • Ability to provide direction to and influence cross-functional teams to ensure successful outcomes.
  • Goal oriented and personally accountable; resourceful and self-directed.
  • Ability to work effectively in dynamic, rapidly changing, team-based environment.

Competencies:

  • Results - Proven track record of developing successful relationships with third party vendors and internal partners; high level of business acumen, problem solving, project management, and creative resourcefulness.
  • Strategic and drive innovation - Ability to think strategically, anticipate future consequences and trends, and incorporate them into the organizational plan.
  • Relationship Building - Enterprise thinker with proven ability to influence across a matrix environment. Ability to develop strong relationships across all levels of the organization, and with external partners.
  • Communication - Strong and effective communication skills; ability to create and communicate a compelling vision internally and externally.
  • Action Oriented - Enjoys working hard and looks for challenges; able to act and react as necessary.

It is recommended that all qualified candidates apply to this posting as soon as possible. Residents of Colorado are hereby notified that the deadline to apply is 2 weeks from the Posting Date listed above.

Pay Transparency

Salary range:$85,000-$147,500

Overtime eligible:Exempt

Discretionary bonus eligible:Yes

Sales bonus eligible:No

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications, and job location.In addition to base salary, employees may also be eligible to participate in an incentive program.

Our Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.Click hereto discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Diversity Promise

We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

​Job Requisition ID: 90825

Advice from our career coach

As someone who has worked in various industries, I understand the importance of being well-versed in the specific requirements of a job and standing out as a strong candidate. For this particular role at Group Benefit Solutions, it is crucial to have a solid understanding of the supplemental health, group insurance, and financial wellness market. To stand out as an applicant, here are some key tips and insights:

  • Highlight your experience in executing complex project plans and leveraging data for effective decision-making.
  • Demonstrate your ability to build solutions and capabilities within the insurance industry.
  • Showcase your track record of developing strong relationships with partners, distributors, and vendors.
  • Emphasize your capacity to drive results for multiple objectives simultaneously and prioritize work effectively.
  • Illustrate your open-mindedness and creativity in seeking out-of-the-box solutions.
  • Ensure your application reflects your goal-oriented nature, resourcefulness, and ability to work in a dynamic team-based environment.

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About the job

Sep 24, 2024

Full-time

85k-148k USD

  1. US United States
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