Product Manager, Group Retirement Savings

Product Manager, Group Retirement SavingsLocation: Hybrid - OntarioEmpire 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 opportunityJoin 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 onDirect management of all facets of the group retirement savings business including new products, product features, delivery, processes, performance, pricing, applicability to market, and profitabilityLaunch new investment products for example, DPSP, RESP and manage product development pipelineLeading cross functional work teams as necessaryDevelop and present product proposals and cost benefit business cases to Senior Management with a focus on market demand, competitive landscape, asset gathering potential, and profitabilityAiming high – the best offering with the best experience for our small and medium sized customers. Defining and refining high level requirements and liaise with our digital, design and IT teamsCustomer 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 journeysYou fully understand the Group retirement savings landscape – competitive offering, how it fits with Group BenefitsResearch, analyze, and understand the competitive landscape, regulatory environment, and market price competitivenessSupport sales and market development opportunities including sales strategies, presentations, marketing materials, pitch decks. You are the SME and help to pitch/close dealsWhat we’re looking for you to have5+ years work experience in a product management/development capacity in the financial services industryGroup Retirement Savings, capital markets, investment management and financial products landscape knowledgeKnowledge of investment product implementation processesYou get the B2B and B2B2C spaceYou understand details matterStrong quantitative and qualitative analytical skills, able to conduct profitability analysis, pricing recommendations and ongoing business KPIs/metrics, strong proficiency with excel and pivot tablesCustomer 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 succinctlyFlexible and adaptable – you are comfortable wearing multiple hats and rolling up your sleeves to do the detailed workIf 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 salaryFor regular full-time positions, Empire Life offers a comprehensive total rewards package that includes:Competitive salaries with annual pay increasesAnnual bonus program, which recognizes both strong company performance and individual contributions, for non sales positionsCompetitive uncapped commission, for sales positionsA comprehensive employer-funded benefits package starting from day one of employment, that includes life insurance, disability, health and dental and a generous health accountFlexible work arrangements and an annual allotment of personal health days.Four weeks annual vacation from hire dateA defined contribution pension plan with generous employer matchingTop up programs for parental leave and compassionate leaveEmployer-sponsored wellness and recognition programsA cash employee referral programTo learn more about working at Empire Life, visit https://www.empire.ca/workatempire.Get to know usEmpire 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 [email protected] .