Product Innovation Leader - Insurance Benefits

Mastercard Inc.; Purchase (NY); On-site; USD 150,000 - 254,000; Full time

Job summary

Mastercard is seeking a Manager of Product Innovation for Insurance Benefits within the NAM Cardholder Services team. The role focuses on identifying and advancing innovative strategies to differentiate our insurance benefits and drive business growth, including forecasting, reporting, and supporting Sales and Program Management.

The position requires deep collaboration across product operations, and cross-functional teams to learn product structures, manage lifecycle activities, and deliver

Qualifications

• 5+ years of experience in product management, product development, strategy, innovation, consulting, insurance, financial services, or related disciplines.
• Demonstrated ability to evaluate market opportunities and translate insights into business recommendations.
• Strong analytical, problem-solving, and strategic thinking skills.
• Excellent communication and presentation skills, with the ability to influence stakeholders at multiple levels.
• Experience leading cross-functional initiatives and driving results in a matrixed environment.
• Experience in insurance, benefits, payments, banking, travel services, or adjacent industries is preferred.

Responsibilities

• Identify and develop innovative product concepts, features, and value propositions that differentiate our insurance offerings in the marketplace.
• Monitor insurance, fintech, payments, travel, and consumer benefit trends to uncover opportunities for growth and competitive advantage.
• Conduct market research, competitive analysis, and customer insight activities to understand evolving cardholder needs.
• Partner with product, operations, sales, account management, legal, and insurance partners to evaluate and advance new ideas.
• Build business cases and strategic recommendations for new products, enhancements, and service innovations.
• Assess emerging technologies, digital experiences, and service models that can improve customer value and engagement.
• Support the development and execution of pilots, proof-of-concepts, and new product launches.

Skills

Product management

Strategy

Cross-functional leadership

Analytical thinking

Communication

Education

Bachelor's degree in Business/Marketing/Finance/Insurance

Job description

Mastercard is seeking a Manager of Product Innovation for Insurance Benefits within the NAM Cardholder Services team. The role focuses on identifying and advancing innovative strategies to differentiate our insurance benefits and drive business growth, including forecasting, reporting, and supporting Sales and Program Management.

The position requires deep collaboration across product operations, and cross-functional teams to learn product structures, manage lifecycle activities, and deliver