Life Ideation Manager/Senior Manager | Hybrid

Allianz Insurance•Minneapolis, MN
•$82,000 - $150,500•Hybrid

About The Position

At Allianz Life, the Life Ideation Manager/Senior Manager ensures the company maintains a robust product pipeline aligned with Life line of business objectives and product strategy. The role leads the ideation process to create actionable, feasible product concepts that address consumer needs, support profitable growth, maintain or extend market leadership, and reflect current market realities. The position works with product-line leaders and departments across the company to build innovative product development pipelines and assist in developing and realizing product strategy. It reports to the AVP of Product Innovation. The role develops product strategy and establishes formal practices for strategic thinking and product ideation within Product Innovation. It continuously analyzes and updates the product pipeline in response to competitive and economic conditions, ensuring Annuity and Life teams have roadmaps that address consumer, distributor, and company needs, including portfolio fit, market response, risk appetite, profitability, and capital. The role coordinates ideation with partner departments, develops business cases with stakeholders, co-creates product positioning and segmentation analyses, and identifies product-line growth opportunities. Use of artificial intelligence tools and resources, including generative AI, is part of the work.

Requirements

  • At least 4 years of experience, including experience managing all aspects of a product line to differentiate the company in the market and deliver profit and growth targets.
  • Demonstrated ability to develop strategy and implement complex projects and change initiatives.
  • Bachelor's degree required.
  • Legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future.

Responsibilities

  • Ensure a robust product pipeline for the Life line of business, aligned with product and strategic objectives.
  • Lead the ideation process to develop actionable and feasible product concepts that meet consumer needs and support profitable growth and market leadership.
  • Work with product-line leaders and other departments to maintain robust, innovative product development pipelines.
  • Assist with developing and realizing product strategy, and establish formal practices for strategic thinking and product ideation within Product Innovation.
  • Continuously analyze and update the core product pipeline based on competitive and economic realities.
  • Ensure Annuity and Life teams have strategic, innovative product and capability roadmaps reflecting consumer, distributor, and company needs.
  • Coordinate product ideation with departments including Distribution Marketing, Distribution, Actuarial, Digital, Consumer Insights, Competitive Intelligence, and the three-year strategy team.
  • Develop product business cases with stakeholders such as actuarial, distribution, and finance.
  • Co-create product positioning and segmentation analyses for targeting.
  • Identify product-line growth opportunities in collaboration with distribution, actuarial, marketing, and data analytics.
  • Utilize artificial intelligence tools and resources, such as generative AI.

Benefits

  • Comprehensive medical plan options
  • Dental plan options
  • Vision plan options
  • Flexible spending accounts
  • Health savings accounts
  • Tuition reimbursement
  • Student loan retirement program
  • Generous annual paid leave
  • 401(k) company match
  • Life insurance
  • Discounted campus amenities, including an onsite health center, child development center, fitness facility, convenience store, and two cafeterias
  • Annual incentive program
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