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Product Manager, Permanent Life Products and

4 months ago


Mississauga, Canada Royal Bank of Canada Full time

**Job Summary**

**What is the opportunity?**

This role is accountable for assisting in the design, development and management of RBC Life’s Permanent Life products to ensure alignment with short and long term enterprise objectives and the effective management of each product through its’ life cycle. This position supports revenue enhancement and prudent NIAT growth. This role clearly supports the attainment of our strategic objectives and greatly influences the brand reputation for RBC Insurance Company.

**What will you do?**
- Support all aspects of research, design, and development of Permanent Life products to support strategic direction and to support delivery of required ROE levels.
- Subject Matter Expert responsible for providing product specific technical direction for areas including but not limited to illustration software development, in-force service, marketing and communications.
- Be aware of industry trends and development, so that existing products can be revised or replaced to ensure that we continue to offer a competitive range of products.
- Contribute to achieving revenue, sales goals and market penetration through strong relationships with all distribution and marketing partners.
- Contribute to success of product initiatives by developing and maintaining strong relationships with partners in key functional areas (underwriting, claims, administration, etc.)
- Partner with key functional areas to ensure a continuous improvement discipline focused on simplifying processes to drive revenue, improve efficiency and client experience.

**What will you need to succeed?**
- 3+ years of experience leading product development activities in the life and disability insurance market and Strong knowledge and insight into the Life and Health insurance marketplace.
- Detail oriented with problem solving and analytical skills.
- Team player and collaborator: Ability to impact and influence across a variety of cross functional internal partners.
- Strategic business sense, organizational awareness, change management and leadership skills
- Ability to create change from concept to execution
- Ability to work independently in a dynamic environment, handling varied and changing priorities.
- Excellent written and verbal communication/negotiation skills and strong presentation skills.
- Self-starter, curious, with a growth mindset

**What’s in it for you?**
- A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans
- Competitive pay and high-earning potential
- All the tools, training, and team support you need to grow your business and career
- Flexible work/life balance options
- Sophisticated RBCI software tools to boost your productivity and grow your business

RBC Insurance is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values - including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives - so you can focus on what you can do best - putting clients first.

**Job Skills**

Communication, Critical Thinking, Curious Mindset, Detail-Oriented, Group Problem Solving, Growth Mindset, Insurance Industry, Knowledge Organization, Leadership, Life Insurance, Prioritization, Product Development Lifecycle, Self-Starter, Teamwork, Working Independently

**Additional Job Details**

**Address**:
MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

**City**:
MISSISSAUGA

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
INSURANCE

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2024-03-20

**Application Deadline**:
2024-04-03

**I**nclusion** and Equal Opportunity Employment**

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

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