Product Manager

Description and Requirements
Summary of Responsibilities:
The Product Manager will work closely with the Senior Manager and will be responsible for the delivery of the product management roadmap. The role will proactively lead the end to end product management framework, competitor analysis and product design including development of strategies within risk appetite for new clients. They will build and lead technical conversation across the Metlife business and be known as the SME for group product. The role will also build MetLife's position as a thought leader in the group insurance market by providing technical product advice, market information, health and community risk trends and product and customer insights to the business and to clients.
Principal Responsibilities:

• Product ownership of the end to end product offering of the allocated portfolio, including drafting and approval of policies documents, PDS documents and other product related material.
• Execution of the product roadmap and client specific solutions within the agreed scope (including market research, technical development, opportunity assessment and strategic recommendations)
• Researching and developing new product concepts, including working in collaboration with internal and external stakeholders in assessing product development ideas.
• Proactive change management and engagement of key business stakeholders regarding any product upgrade or change of assigned portfolio
• Supporting the distribution and pricing teams on new business opportunities and contributing to tender response documents/presentation as required.
• Provide technical guidance and education to claims, underwriting and admin teams to ensure appropriate processes are in place to ensure administration of the product as intended.
• Develop and maintain key internal and external relationships.
• Execution of any internal projects or initiatives as assigned

Knowledge/Skills/Competencies Required:
Relevant Tertiary Qualifications,

• RG146 accredited or, subject to business demands, willing to attain accreditation within 3 months of obtaining role
• 3+ years product management experience in insurance/ financial services is desirable , or at least 3 years' experience in the group insurance environment.
• Knowledge of market including:
• Working knowledge of the financial services industry including; structure, the role of different parties in the superannuation/group insurance value chain, market drivers and current trends.
• Understanding of MetLife's competitors including key offerings and relationship strategies.
• Exposure to the industry fund market ,and or corporate super market

• Ideally, exposure to financial products/services gained through:

Benefits We Offer
Our benefits are designed to care for your holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer health care coverage for you and your family, insurance discounts for home, car, and pet protection, as well as parental leave. We also provide premium gym membership for you and your direct relatives, volunteer time off, discounts with specific universities, flexible Fridays, connectivity reimbursement, and much more!
About MetLife
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies", MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
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