New Product Strategy Consultant

Posted Yesterday
Be an Early Applicant
Portland, ME
76K-143K Annually
Mid level
Insurance
The Role
The New Product Strategy Consultant supports Unum's expansion strategy by managing product development and market analysis, leading projects, collaborating with internal teams, and driving special initiatives. They play a key role in refining the product roadmap and engaging external partners to identify growth opportunities.
Summary Generated by Built In

Job Posting End Date: December 06

When you join the team at Unum, you become part of an organization committed to helping you thrive.

Here, we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout life’s moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this, we provide: 

  • Award-winning culture 

  • Inclusion and diversity as a priority 

  • Performance Based Incentive Plans

  • Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability 

  • Generous PTO (including paid time to volunteer!) 

  • Up to 9.5% 401(k) employer contribution 

  • Mental health support 

  • Career advancement opportunities 

  • Student loan repayment options 

  • Tuition reimbursement

  • Flexible work environments 

*All the benefits listed above are subject to the terms of their individual Plans.

And that’s just the beginning…

With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. Whether you’re directly supporting a growing family, or developing online tools to help navigate a difficult loss, customers are counting on the combined talents of our entire team. Help us help others, and join Team Unum today! 

General Summary:The role is responsible for helping to manage and evolve existing expanded solutions products and/or launch new opportunities in adjacent markets in the US, from evaluation of markets through to product development, and for supporting the development of the business' long-term growth strategy. This role will be accountable for leading assigned projects in line with Unum Services priorities, working closely with the AVP.

Principal Duties and Responsibilities

  • Support development of Unum Services Expansion’s strategy and strategic priorities by identifying, analyzing, and addressing complex business issues and developing actionable plans
  • Provides leadership in the refinement of long-term product roadmap and value story for launched expanded services
  • Ownership of overall project plan, including accountability to effectively partner with internal stakeholders as relevant (e.g., Product Development, IT, etc.) to deliver new product initiatives and progress on existing pilots and business processes
  • Key business partner working with IT to own business perspective and voice of customer for ongoing product development work
  • Drive general data and analysis, including but not limited to reporting on launched products, business case analysis of new features, and ongoing business support (e.g., business reporting tasks, financial modeling, etc.), coordinating with analytics team as applicable
  • Ability to drive special projects evaluating new strategic initiatives on existing products (e.g., new distribution opportunities, cross enterprise collaboration, partnerships, etc.)
  • Identify, analyze, and prioritize new market/partnership development opportunities through extensive competitive research, local market sales and service activities, strong understanding of businesses adjacent to Unum and important macro trends (expansion opportunities for existing products, as well as adjacencies for growth)
  • Engage and collaborate with external startup partners across the ecosystem to identify and execute upon user experience enhancements or to increase user engagement.

Job Specifications

  • Bachelor’s Degree required
  • 5-7 years of experience in business strategy, corporate finance, business management, product management or consulting or in benefits industry preferred
  • Comfortable working with stakeholders across the organization with varied levels of seniority
  • Assimilate and adapt to Unum’s culture while managing change using strong influencing skills, while operating in a new/unfamiliar environment, and working effectively within a highly matrixed organization.
  • Strong general business acumen required, and ideally knowledge of the basic economics of financial services & business services companies
  • Entrepreneurial mindset; a self-starter with a problem-solving orientation
  • Focused on quick results and fast turnaround, including a consistent focus on output/deliverables
  • Very strong problem structuring and analytical skills, including a quantitative mindset
  • Very strong verbal, written communication skills, including presentation writing. Ability to translate complexity with clarity, including for senior leadership audiences
  • Superior project management skills; strong collaborator
  • Fast paced, comfortable with tight deadlines, multiple priorities, fast turnaround times and ambiguity
  • Strong team player given startup/collaborative nature of the expanded solutions team
  • Experience leading teams a plus

#LI-LR1

#LI-Hybrid

~IN1

Unum and Colonial Life are part of Unum Group, a Fortune 500 company and leading provider of employee benefits to companies worldwide. Headquartered in Chattanooga, TN, with international offices in Ireland, Poland and the UK, Unum also has significant operations in Portland, ME, and Baton Rouge, LA - plus over 35 US field offices. Colonial Life is headquartered in Columbia, SC, with over 40 field offices nationwide.

The base salary range for applicants for this position is listed below. Unless actual salary is indicated above in the job description, actual pay will be based on skill, geographical location and experience.

$75,500.00-$142,700.00

Additionally, Unum offers a portfolio of benefits and rewards that are competitive and comprehensive including healthcare benefits (health, vision, dental), insurance benefits (short & long-term disability), performance-based incentive plans, paid time off, and a 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not. All benefits are subject to the terms and conditions of individual Plans.

Company:

Unum

The Company
HQ: Dorking
9,536 Employees
On-site Workplace

What We Do

Unum is a company of people serving people. A Fortune 500 company, we help millions of people gain affordable access to disability, life, accident, critical illness, dental and vision benefits through the workplace — benefits that help them protect their families, their finances and their futures. Our products and services meet the needs of a diverse workforce that includes four generations, growing ethnic diversity and changing family dynamics.

A strong commitment to social responsibility is one of Unum's core values. In fact, we place particular emphasis on contributing to positive change in the communities in which we live and work. Helping our communities become better is a natural extension of the commitment we make each and every day to our customers — to help employers manage their businesses and employees protect their families and livelihoods.

We look forward to sharing industry news, community involvement, recognition and other info we hope you find interesting and informative. We encourage your comments and feedback so we can be a valuable resource for you and get to know you a little better.

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