Senior Product Manager - Defined Contribution

Empower • Waltham, MA

1d • $125,400 - $181,875 • Hybrid

About The Position

This Senior Product Manager identifies, develops, and delivers strategic product initiatives with a focus on Multiple Employer Plans (MEPs), Pooled Employer Plans (PEPs), and Professional Employer Organization (PEO) distribution strategies. This role is responsible for defining product strategy, managing the product lifecycle, and driving cross-functional execution to deliver innovative retirement solutions that support business growth and client success.

Requirements

• Bachelor's degree or equivalent combination of education and relevant experience.
• 7+ years of product management, product development, or related experience within the financial services industry.
• Strong product strategy, roadmap, and product lifecycle management experience.
• Excellent written, verbal, and presentation skills with the ability to communicate effectively across all levels of the organization.
• Strong analytical, problem-solving, and strategic thinking skills.
• Experience collaborating with cross-functional teams in a matrixed environment.
• Experience supporting digital communication channels and digital product capabilities.
• FINRA fingerprinting required upon hire.

Nice To Haves

• Experience with defined contribution retirement products.
• Direct experience with Multiple Employer Plans (MEPs), Pooled Employer Plans (PEPs), and Professional Employer Organization (PEO) partner relationships.
• Experience managing strategic product initiatives and cross-functional projects.
• Experience managing vendor and partner relationships.
• Experience working in Agile, Scrum, or similar product development methodologies.
• Experience using product management and collaboration tools such as Jira, Confluence, Azure DevOps, or Aha!
• Strong understanding of the retirement marketplace, including employers, employees, and intermediaries.
• Demonstrated ability to influence internal and external stakeholders and build collaborative relationships across all levels of the organization.

Responsibilities

• Partner with leadership to define and execute product strategy aligned with short- and long-term business objectives.
• Own and prioritize the product roadmap by balancing business goals, client needs, competitive insights, organizational commitments, and development timelines.
• Lead cross-functional collaboration across Product, Technology, Operations, Sales, Service, Marketing, Legal, Compliance, Risk, and Product Deployment to align priorities, evaluate tradeoffs, and deliver successful outcomes.
• Define product vision, business requirements, epics, features, and development scope, ensuring clear requirements and effective communication with development teams.
• Drive the end-to-end product lifecycle from concept through launch and ongoing enhancement, ensuring timely, high-quality delivery.
• Establish and monitor key performance indicators (KPIs), evaluate product performance, and recommend enhancements to improve business and client outcomes.
• Partner with Product Deployment and Marketing to develop go-to-market strategies, launch plans, client communications, sales collateral, RFP content, and product documentation.
• Ensure products comply with applicable regulatory, legal, compliance, and risk requirements throughout the product lifecycle.
• Analyze market trends, competitive offerings, and client feedback to identify product enhancements and new market opportunities.
• Partner with Sales, Service, and Product Deployment teams to drive product adoption, client value, and business impact.

Benefits

• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time — 16 hours per calendar year
• Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree