Product Associate, BMO Insurance

250 Yonge Street Toronto Ontario,M5B 2L7

Join BMO's Retail Insurance Product team as a Product Associate. The role will support all Retail Insurance products with a focus on products such as Travel, Pet etc.. This is an excellent role for someone looking to build expertise in product development and gain exposure to multiple insurance lines. You'll work closely with the product managers and the Director of Products to execute initiatives, coordinate cross-functional activities, and own smaller workstreams that enhance customer experience and business performance.

Key Accountabilities

• Support new product launches: Assist with planning, coordination, and execution of Travel, Pet etc..
• Optimize existing products: Contribute to post-launch analysis and continuous improvement initiatives to enhance customer experience and profitability.
• Coordinate cross-functional efforts: Partner with Marketing, Sales, Risk, and Operations to deliver product enhancements and campaigns.
• Own smaller initiatives: Lead defined workstreams within broader projects (e.g., process improvements, minor product enhancements).
• Market and competitive analysis: Gather insights, analyze trends, and prepare recommendations to inform product decisions.
• Sales enablement: Help develop training materials and tools for frontline teams; respond to product inquiries.
• Risk and compliance: Support risk reporting and ensure adherence to regulatory requirements.
• Vendor and partner liaison: Assist in managing relationships with external partners and vendors.
• Support Creditor Insurance projects as required.

Qualifications

• Experience: 1–2 years in product management, financial services, or related field.
• Education: Postsecondary degree in business, finance, or related discipline (or equivalent experience).
• Strong analytical and problem-solving skills; data-driven decision-making mindset.
• Excellent verbal and written communication skills; ability to collaborate across teams.
• Proficiency in Microsoft Office; experience with Copilot or similar tools are an asset.
• Experience with Travel, Pet or other insurance products is an asset; general insurance knowledge preferred.

Success Profile

• Collaborative mindset and ability to work in a team environment.
• Curiosity and eagerness to learn across multiple product lines.
• Strong organizational skills and attention to detail.
• Comfort with ambiguity and ability to adapt to changing priorities.

What We Offer

• Exposure to multiple insurance products beyond Travel, and Pet. Opportunity to learn from experienced product managers and grow into more senior roles. Collaborative, purpose-driven environment focused on innovation and customer experience.

Our Culture & Values

• At BMO, we're driven by a shared purpose: Boldly Grow the Good in business and life. We invest in our people, offer continuous learning opportunities, and foster an inclusive environment where everyone can thrive. Join us and make a meaningful impact for our customers and communities.

Salary:

$56, $103,500.00

Pay Type:

Salaried

The above represents BMO Financial Group's pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit:

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

To find out more visit us at

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.