Product Manager, Term Life

Royal Bank of Canada•Mississauga, ON

1d•CA$67,000 - CA$110,000•Onsite

About The Position

Our product management team is looking for passionate individual to manage RBC Insurance's Term Life line of business. This includes ongoing maintenance as well as enhancements to existing products ensuring effective management of each product through its life cycle. The role acts as a subject matter expert for all Term Life product information, supports the attainment of our strategic objectives, and greatly influences the brand reputation for RBC Life Insurance Company.

Requirements

3 to 5 years of experience in life insurance produce management, preferably with Term products
Solid understanding how life insurance products work
Proven ability working with reports, monitoring KPI and proposing action plans
Strong interpersonal and organizational skills while fostering teamwork
Ability to work either independently in a fast-paced, dynamic environment
Strong collaboration and influencing skills
Proficiency in MS Office suite of software

Responsibilities

Collaborate with the individual product development team and product enablement team to ensure this product line meets performance expectations
Manage day to day product management activities, including but not limited to addressing advisors’ inquiries and exception requests
Understanding key drivers of financials for this line of business
Monitoring performance against KPIs and partner with stakeholders to address trends or issues
Conduct performance analysis on a needed basis to identify opportunities for improvement and efficiency
Accountable for product related reporting and risk assessment to ensure compliance with legal, regulatory and compliance requirements
Collaborate with cross functional partners - including product development, product enablement, pricing, sales, marketing, operations, IT and digital to implement enhancements and resolve product issues