Group Life Insurance Product Manager
What We'll BringAt TransUnion, we have a welcoming and energetic environment that encourages collaboration and innovation. We’re consistently exploring new technologies and tools to be agile. This environment gives our people the opportunity to hone current skills and build new capabilities, while discovering their genius.
Come be a part of our team – you’ll work with great people, pioneering products and cutting-edge technology!
What You'll Bring6 – 10 years’ experience in the insurance space
Proven track record in process management, product management and/or project management with thorough understanding of product management process, product planning and market evaluations
An understanding of and passion for group life Insurance solutions including product design, processes, and pricing strategies
The ability to understand and communicate the “business question”, including ability to help develop a customer position, identify needs and how to translate those needs into product development
Willingness and ability to undertake self-directed, independent work in pursuit of team goals; meanwhile demonstrating success in working with cross-functional teams to develop and deliver customer solutions
Experience preparing and delivering presentations to Sr. Leadership and obtaining support and buy-in from multiple internal teams
Bachelor’s degree in business, economics, or related field required
What We'd Love to See:
Prior group life insurance experience strongly preferred
Impact You'll MakeAs a Group Life Product Manager on our Insurance Solutions team you will be responsible for the execution of product strategies and objectives for the Group Life market. Assessment of market segments and providing recommendation for product strategies related to development, pricing, positioning, and promotions as well as analyzing product life cycles, distribution channels, revenue, and profitability is required. This position will also lead efforts to develop and launch product line extensions and enhancements including expansion into adjacent markets.
Product Strategy - Makes product strategy recommendations to management and execute implementation of product strategies and objectives for the Group Life market.
Product Research Analysis and Business Development - Provides a comprehensive assessment of assigned product(s) related to revenue, profitability, pricing, product life cycle, distribution channels, positioning, promotion strategy and make recommendations to Management. Also produces thorough competitive analysis materials on product competitors.
Product Launch & Roll-Out - Oversees the product launch and go-to-market strategies. Is involved at a high level with Account Management to ensure product is effectively launched.
Distribution Support – Act as the Subject Matter Expert for the sales and distribution team. Provide high level support to support the sale and implementation of the group life products.
Partnership management – act as the relationship manager for existing partnerships, and recommend new partners or acquisitions based on developed product strategy.
Presentations - Conducts presentations on the product development process and solutions, representing the business unit at sales meetings, customer meetings, or external industry events.