Director, Product Innovation & Strategy

HSB Canada; Toronto; Hybrid; CAD 145,000 - 169,000; Full time

Benefits offered by this job

Hybrid work environment

Annual bonus

Health & dental benefits

Education assistance & LinkedIn Learn.

RRSP plan with company match

Pension plan

Job summary

HSB Canada, part of Munich Re, seeks a Director of Product Innovation to drive market-driven insurance products and tech-enabled risk solutions for Canada. The role reports to the VP, Strategy & Innovation with 1–2 direct reports and executive visibility to the CEO and ELT.

The position shapes the 2030 ambition, accelerates innovation governance, and leads cross-functional delivery of 1–2 new products per year from concept to launch in a hybrid Toronto environment.

Qualifications

• MBA or equivalent graduate degree is an asset.
• 8–12 years in strategy, innovation, or product roles in insurance or financial services.
• Structured, hypothesis-driven problem solving and decision making.
• Strong analytical ability to translate data into strategy and action.
• Experience leading multiple workstreams with stakeholders.
• Executive communication to senior leaders.
• Experience building ecosystems/partnerships is an asset.

Responsibilities

• Enterprise product innovation strategy and pipeline development.
• IoT solution strategy for Canada with priority use-cases and value proposition.
• Incubation model design with test & learn approach and repeatable playbook.
• Governance processes, metrics, dashboards for pipeline health and velocity.
• Lead 1–2 new product launches per year from concept to launch.
• Collaborate with underwriting, actuarial, claims, legal/compliance, and technology.
• Coach and develop a team of Product Innovation Strategists.

Skills

Strategic thinking

Executive communication

People leadership

Analytical capability

Multi-workstream leadership

Education

MBA or equivalent graduate degree (asset)

University-level education in finance, business administration, economics, risk management, or equivalent

Tools

Strategy consulting experience

Insurance/financial services experience

Job description

HSB Canada, part of Munich Re, seeks a Director of Product Innovation to drive market-driven insurance products and tech-enabled risk solutions for Canada. The role reports to the VP, Strategy & Innovation with 1–2 direct reports and executive visibility to the CEO and ELT.

The position shapes the 2030 ambition, accelerates innovation governance, and leads cross-functional delivery of 1–2 new products per year from concept to launch in a hybrid Toronto environment.