Senior Product Manager ( Work From Home)

Transamerica Corporation; United States; Remote; USD 85,000 - 105,000; Full time

Job summary

An established industry player is seeking a Senior Product Manager to drive the strategy for life and health insurance products. This role involves managing product portfolios, collaborating with various stakeholders, and ensuring customer-centric solutions are prioritized. The ideal candidate will possess strong analytical and communication skills, with a proven track record in product development. This position offers a competitive salary and a comprehensive benefits package, including a bonus structure and opportunities for professional growth. Join a dynamic team focused on making a positive impact in the financial services sector.

Benefits

Pension Plan

401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Disability Insurance

Medical Insurance

Dental Insurance

Vision Insurance

Paid Time Off

Employee Assistance Program

Qualifications

• 4+ years in product development in life or health insurance.
• In-depth knowledge of insurance product features and marketing techniques.

Responsibilities

• Manage product portfolios and ensure profitable sales.
• Coordinate with stakeholders on product enhancements and issues.

Skills

Product Development

Analytical Skills

Communication Skills

Strategic Thinking

Presentation Skills

Education

Bachelor’s Degree in Business

Tools

MS Office (Excel, PowerPoint, Word)

Job description

Senior Product Manager ( Work From Home) page is loaded

Senior Product Manager ( Work From Home)

Apply locations Work From Home, USA time type Full time posted on Posted Today job requisition id R20058235

Job Family

Product and Propositioning Marketing

About Us

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

Who We Are

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life .

Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.

We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.

What We Do

Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate , which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.

Transamerica employs nearly 7 ,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide. * For more information, visit transamerica.com .

Job Description Summary

Drives long-term strategy by researching and designing life and health insurance products for individual and group markets, from inception to launch. Manages existing product portfolios to ensure profitable sales.

Job Description

Responsibilities

• Responsible for being the single point of contact for distribution partners for production issues and enhancement requests related to instant-decision induvial life insurance products.
• Coordinate with vendor and internal partners to ensure production issues are addressed timely and appropriately. Responsible for communication to all key stakeholders.
• Maintain backlog and recommend key product enhancements by gathering distribution and consumer feedback, reviewing industry sales trends, and understanding demographic shifts/consumer preferences. Guide lower level staff as needed.
• Define product features, competitiveness, profitability, sales goals and launch date. Drive collaboration across all functional areas as needed.
• Partner with distributors, Marketing, Finance, IT and other key stakeholders to recommend product features, competitiveness, profitability, sales goals and launch dates.
• Negotiate needs and bring consensus/closure to issues, and facilitate decisions on new business portfolio issues.
• Ensure customer centric product ideas are efficiently sourced and prioritized. Work with margin analytics, marketing, sales and operations teams to build a strong pipeline for future product enhancements.

Qualifications

• Bachelor’s degree in a business related field or equivalent experience.
• Four years of product development experience in the life or health insurance industry.
• In-depth knowledge of insurance product features and riders.
• In-depth knowledge of insurance sales and marketing techniques.
• Understanding of profitability metrics.
• Analytical skills and attention to detail to perform market analysis, customer research, opportunity sizing, profitability assessments, and risk/legal/compliance assessments.
• Communication and interpersonal skills to educate audience and advocate recommendations with team members and stakeholders at all levels of the organization.
• Decision making skills to create scope and content for consumer market research, and use insights to develop product design and features.
• Strategic thinker and facilitation skills.
• Presentation skills to provide research data and recommendations to senior leadership.
• Coaching skills to assist team members.
• Advanced proficiency in MS Office (Excel, PowerPoint, Word).

Preferred Qualifications

• Professional designations (e.g. CLU, ChFC, CFP, MBA, PMP)
• New business and/or case manager experience preferred

Working Conditions

• Occasional travel.

The salary for this position generally ranges between $85,000 - $105,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus of 15% based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees .

Compensation Benefits

• Competitive Pay

• Bonus for Eligible Em ployees

Benefits Package

• Pension Plan

• 401k Match

• Employee Stock Purchase Plan

• Tuition Reimbursement

• Disability Insurance

• Medical Insurance

• Dental Insurance

• Vision Insurance

• Employee Discounts

• Career Training & Development Opportunities

Health and Work/Life Balance Benefits

• Paid Time Off starting at 160 hours annually for employees in their first year of service.

• Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

• Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars

• Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of s ervice at the time of birth, placement of an adopted child, or placement of a foster care child.

• Adoption Assistance

• Employee Assistance Program

• College Coach Program

• Back-Up Care Program

• PTO for Volunteer Hours

• Employee Matching Gifts Program

• Employee Resource Groups

• Inclusion and Diversity Programs

• Employee Recognition Program

• Referral Bonus Programs

Inclusion & Diversity

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads , and Top 75 Companies for Executive Women.

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company - sponsor ed, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees . They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

Giving Back

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

Transamerica’s Parent Company

Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.

* As of December 31, 2023

About Us

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