Product Manager, Group Retirement Savings

THE EMPIRE LIFE INS. CO; Burlington; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading Canadian insurance firm is seeking a Product Manager for Group Retirement Savings. You will oversee product management, launch new investment products, and directly contribute to team growth while ensuring customer satisfaction. Candidates should have over 7 years in product management with strong analytical and communication skills. This role offers competitive salaries, bonuses, and a comprehensive benefits package including flexible work arrangements.

Benefits

Competitive salaries with annual increases

Annual bonus program

Employer-funded benefits package

Flexible work arrangements

Four weeks annual vacation

Defined contribution pension plan with employer matching

Qualifications

• 7+ years of experience in product management or development in Group Retirement Savings.
• Knowledge of investment product implementation processes.
• Strong quantitative and qualitative analytical skills.

Responsibilities

• Manage all facets of the group retirement savings business.
• Launch new investment products and manage development pipeline.
• Research and analyze competitive landscape and market price competitiveness.

Skills

Product management experience

Analytical skills

Communication skills

Customer centric orientation

Tools

Excel

Job description

Product Manager, Group Retirement Savings

Location: Hybrid - Ontario

Empire Life is looking to hire a Product Manager to join our Group Product & Marketing team!

The GRS Product Manager will support the Group Retirement Savings line of business. Group retirement plans are a terrific way for employers to support their employees’ saving goals. Everyone is busy, wouldn’t it be great to offer an excellent GRS product that is super easy for everyone to understand and use. As a new line of business, a strong entrepreneurial, roll-up sleeves and wear several hats mentality is needed. This is a great opportunity to help grow a new line of business. Working to grow this nascent business, you will manage all aspects of product management and development as well as being the subject matter expert for the sales team – sometimes developing and leading sales pitches with your distribution partners. This role reports into the VP Group Product and Marketing.

Why pursue this opportunity

Join a transforming business - we are a medium-sized Canadian company in a stable industry which is rapidly transforming.

Play an integral role - this is an opportunity that allows for you to grow your skills, while directly contributing to the business unit you are a part of.

Diversity, equity, and inclusion - we are committed to creating a diverse, equitable, and inclusive workplace and welcome candidates who share this commitment.

What you’ll be working on

• You fully understand the Group retirement savings landscape – competitive offering, how it fits with Group Benefits
• Direct management of all facets of the group retirement savings business with a focus on plan design and product
• Launch new investment products for example, DPSP, RESP and manage product development pipeline - leading cross functional work teams as necessary
• Develop and present product proposals and cost benefit business cases to Senior Management with a focus on market demand, competitive landscape, asset gathering potential, and profitability
• Understand competitive sponsor administration and member engagement
• Customer experience is paramount. You will have an in depth understanding of key audience needs including TPA/MGA partners, advisors, plan sponsors, plan members – mapping out customer journeys
• Research, analyze, and understand the competitive landscape, regulatory environment, and market price competitiveness
• Support sales and market development opportunities including sales strategies, presentations, marketing materials, pitch decks. You are the SME and help to pitch/close deals.

What we’re looking for you to have

• 7+ years work experience in a product management/development/plan design capacity in the Group Retirement Savings space
• Knowledge of investment product implementation processes
• You get the B2B and B2B2C space
• You understand details matter
• Strong quantitative and qualitative analytical skills, able to conduct profitability analysis, pricing recommendations and ongoing business KPIs/metrics, strong proficiency with excel and pivot tables
• Customer centric orientation and understanding of marketing, customer needs assessment and targeting.
• Strong communication and presentation skills, able to prepare product marketing material, presentations, business cases, strategic plans – ability to explain complex subject matter clearly and succinctly
• Flexible and adaptable – you are comfortable wearing multiple hats and rolling up your sleeves to do the detailed work
• If you are applying for a position which is open to applicants across Canada, unless otherwise indicated in the position, language proficiency in English is required for communicating with customers, advisors, or employees across Canada.

Beyond the salary

For regular full-time positions, Empire Life offers a comprehensive total rewards package that includes:

• Competitive salaries with annual pay increases
• Annual bonus program, which recognizes both strong company performance and individual contributions, for non sales positions
• Competitive uncapped commission, for sales positions
• A comprehensive employer-funded benefits package starting from day one of employment, that includes life insurance, disability, health and dental and a generous health account
• Flexible work arrangements and an annual allotment of personal health days.
• Four weeks annual vacation from hire date
• A defined contribution pension plan with generous employer matching
• Top up programs for parental leave and compassionate leave
• Employer-sponsored wellness and recognition programs
• A cash employee referral program

To learn more about working at Empire Life, visit https://www.empire.ca/workatempire.

Get to know us

Empire life is proud to be an equal opportunity employer. We celebrate diversity, are committed to creating an inclusive environment, and welcome everyone to participate in our application process. We encourage those of all backgrounds and experiences to apply, even if you don\'t believe you meet each unique qualification outlined. Applicants will receive equal consideration without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or age.

Empire Life welcomes applications from people with disabilities and disabled people. Accommodations are available upon request for candidates taking part in all aspects of the screening and selection process. If you need this job posting in an alternative format or have any accessibility questions, please contact [e-mail] .