Product Development Manager
5 months ago
What you'lldo:
- Participates in the development ofdigital first products supporting the needs and risks of USAAMembers.
- Supports efforts to develop and launchnew innovative product offerings as well as auxiliary/enhancedfeatures/services for existingproducts.
- Advises others in the launch of newproducts and in the evaluation and decision to buy/build orpartner.
- Generates creative product andcoverage solutions for member needs to ensure a dynamic productdevelopment pipeline exists.
- Responsible formaintaining knowledge of business and underwriting performance forproducts in scope (e.g. trends, results,etc.).
- Analyzes internal and external data andmember information to support formulation of product strategy andenhance competitive intelligence.
- Conductsanalysis of key data to support on-going monitoring, maintenanceand underwriting of existing “new in market”products based on product performance, member needs and competitivechanges in the market including but not limited to product rules,rates, and forms.
- Develops and communicates thenew product value proposition for productenhancements/features.
- Guides Member Contactteams on how to effectively use sales guides and provides educationon new products and services, including new offerings andenhancements to existing features.
- Analyzes andevaluates new product performance metrics to recommend offeringchange, if necessary, prior to fulllaunch.
- Coordinates with relevant controlpartners (to include Leal, Compliance, and Risk Management) toensure product offerings are designed and implemented in compliancewith all applicable laws andregulations.
- Ensures risks associated withbusiness activities are effectively identified, measured,monitored, and controlled in accordance with risk and compliancepolicies and procedures.
What youhave:
- Bachelor's Degree inBusiness, Marketing, Supply Chain, Statistics, or relateddiscipline; OR 4 years of related experience (in addition to theminimum years of experience required) may be substituted in lieu ofdegree.
- 6 years relevant experience in Actuary,Underwriting, Marketing, Operations, Financial Services or relevantmilitary experience.
- Experience conductingresearch, compiling and analyzing data, and identifying trends thathave supported product decisions.
- Demonstratedexperience in developing, deploying and supporting product and/orintegrated suite of products.
- Knowledge andunderstanding of Product Development Life Cycle (PDLC).
What sets youapart:
- 1-2years P&C product managementexperience
- 1-2 years P&C actuaryexperience
- Familiarity working with new datasources
- US military experience through militaryservice or a military spouse/domestic partner
The above description reflects thedetails considered necessary to describe the principal functions ofthe job and should not be construed as a detailed description ofall the work requirements that may be performed in thejob.
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