Senior Director, Product Management & Execution

Posted 9 Hours Ago
Be an Early Applicant
Hiring Remotely in USA
Remote
108K-161K Annually
Senior level
Insurance
The Role
Leads product ownership, development, implementation, governance, launches, operational readiness, and performance oversight. Coordinates cross-functional teams across compliance, IT, legal, operations, sales, marketing, customer service, and external vendors. Drives product strategy, regulatory alignment, risk mitigation, partner implementations, continuous improvement, and executive decision-making. Also trains product managers and administrators and supports new offerings through development and ongoing management.
Summary Generated by Built In

Trustmark’s mission is to improve wellbeing – for everyone. It is a mission grounded in a belief in equality and born from our caring culture. It is a culture we can only realize by building trust. Trust established by ensuring associates feel respected, valued and heard. At Trustmark, you’ll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture of diversity and inclusion where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. At Trustmark, we have a commitment to welcoming people, no matter their background, identity or experience, to a workplace where they feel safe being their whole, authentic selves. A workplace made up of diverse, empowered individuals that allows ideas to thrive and enables us to bring the best to our colleagues, clients and communities.

About the role

Trustmark is looking for a Senior Director, Product Management & Execution

Owns the implementation and ongoing management of product offerings by coordinating cross-functional teams and ensuring operational readiness. Collaborates with product compliance, IT, governance, process improvement, and regulatory requirements while executing on new product launches and enhancements. Serves as a key liaison among business partners, vendors, and internal stakeholders to resolve issues and implement solutions. Also leverages data, market insights, and competitive analysis to support product strategy and decision-making while bringing new products and capabilities into market and supporting successful adoption and ongoing performance.

Key Accountabilities:

Product Ownership & Execution

  • Directs cross-functional initiatives to plan, coordinate, and implement product launches or updates/changes across the organization. Partners with Product leadership, Compliance, Operations, IT, Legal, Sales, Marketing, and Customer Service to define requirements, assess impacts, resolve issues, and ensure successful implementation. Supports the launch of new product lines by driving operational readiness and cross-functional execution.

  • Owns the product management governance framework, ensuring operational processes, implementation standards, and compliance controls effectively support business growth, regulatory requirements, and product scalability.

  • Serves as the escalation point for significant product, compliance, operational, and implementation issues, providing leadership and direction on risk mitigation, prioritization, and resolution strategies.

  • Analyzes business impacts, identifies risks, and develops recommendations that balance compliance, operational efficiency, and customer experience while building consensus across stakeholder groups.

  • Provides oversight with internal teams and external partners (e.g., third-party administrators, point solution vendors, etc.) to support the development and implementation of new partnerships and products.

  • Establishes integration strategies and operational frameworks that support successful partner implementations, long-term relationship management, and sustainable business outcomes.

  • Owns product implementation and operational performance oversight, leveraging business metrics, trend analysis, and performance insights to drive continuous improvement and executive decision-making.

  • Primary Trainer for product managers and product administrators, responsible for onboarding and supporting ongoing knowledge base.

  • Leads prioritization of product implementation initiatives, regulatory changes, and operational enhancements to maximize business value and organizational capacity.

Product Development

  • Leads or co-leads new product development, services, initiatives, or capabilities for assigned portfolio.

  • Collaborates with external vendors, consultants, and technology partners to provide and support requirements for design, build, structure as applicable; may serve as Trustmark representative as relationship coordinator or owner with external parties.

  • Ensures seamless transition from product development to product management, performs on-going product training.

  • Owns the internal work needed to stand up any new offerings or capabilities.

  • Supports product leadership to plan and bring new ideas to life.

  • Continually gathers feedback post-launch to create backlog of items to improve or adjust in future product iterations.

  • Works with compliance and legal internal partners where applicable on assigned product and services portfolio

  • Other duties as assigned.

Minimum Requirements:

  • Bachelor’s Degree and 5-7 years of progressive experience in product management or similar role, preferably within the insurance industry OR High School Diploma/GED and 10+ years of progressive experience.

  • Ability to lead projects with minimal oversight.

  • Experience in business or technology transformation.

  • Compliance/regulatory experience.

  • Driven to lead and support large scale implementations, including new product, portfolio, or service launches.

  • Collaborative and strategic; seeks to understand the lifecycle of the business and works in alignment.

  • Results-oriented with excellent organizational skills, adept at handling multiple tasks simultaneously, committed to following through and completing assignments in a timely and professional manner.

Preferred:

  • 3-5 years in supplemental health, life, disability & leave, dental and vision, or related product lines in a support or individual contributor role.

  • Membership or participation in industry associations (e.g., LIMRA, NASBI, DMEC, ACLI).

The compensation range for this role is (based on the corporate location in Lake Forest, Illinois):

$107,546 - $160,583 per year

The final salary offer will be determined based on factors such as location, qualifications, experience, skill set, and other relevant factors. This position may also be eligible for bonus. We understand that compensation is an important factor when considering a new opportunity, and we strive to provide a competitive salary within the market.

Brand: Trustmark

In addition to compensation, we offer a comprehensive benefits package that includes: Health/dental/vision, life insurance, FSA and HSA, 401(k) plan, Employee Assistant Program, Back-up Care for Children, Adults and Elders and many health and wellness initiatives. We also offer a Wellness program that enables employees to participate in health initiatives to reduce their insurance premiums.  For questions about compensation and benefits, please speak to the Recruiter if you decide to apply and are selected for an interview.

Trustmark is committed to leveraging the talent of a diverse workforce to create great opportunities for our people and our business.  We are an equal opportunity employer, including disability and protected veteran status.

Skills Required

  • Bachelor's degree and 5-7 years of progressive experience in product management or a similar role, preferably in the insurance industry
  • High School Diploma or GED and 10+ years of progressive experience as an alternative to the degree requirement
  • Ability to lead projects with minimal oversight
  • Experience in business or technology transformation
  • Compliance or regulatory experience
  • Experience leading and supporting large-scale implementations, including new product, portfolio, or service launches
  • Collaborative and strategic approach with understanding of the business lifecycle
  • Excellent organizational skills and ability to manage multiple tasks and complete assignments professionally and timely
  • 3-5 years in supplemental health, life, disability and leave, dental, vision, or related product lines
  • Membership or participation in industry associations such as LIMRA, NASBI, DMEC, or ACLI
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The Company
HQ: Lake Forest, IL
1,457 Employees

What We Do

Trustmark is a national employee benefits company offering specialized expertise in voluntary benefits, self-funded health benefit plan design and administration, and employee health and fitness programs that drive results through human and virtual connection. Trustmark offers employers access to benefit options usually reserved for large companies, combined with the personal service you’d expect from a small company. Trustmark’s commitment to building long-term, trusted relationships helps people and businesses thrive. • Trustmark Voluntary Benefits provides valuable life, hospital, accident, disability and critical illness insurance designed to fit changing needs based on life stage or financial priorities. Trustmark helps educate employees and provides resources to help communicate the value of benefits and other important company initiatives. To learn more, visit TrustmarkVB.com. • Trustmark Health Benefits is a total benefits solution for mid-sized and large self-funded employers. As one of the nation’s largest independent benefits administrators, we help our clients manage costs without compromising care by offering innovative solutions, flexibility, and complete data transparency for our clients. To learn more, visit TrustmarkHB.com. • Trustmark Small Business Benefits® level-funded solutions allow small to mid-size employers to provide affordable health benefits to employees. Available to groups with five or more employees along with simplified underwriting for 51 or more enrolled employees, our comprehensive self-funded plan designs and services help empower clients to be smarter healthcare consumers. To learn more, visit TrustmarkSB.com. • HealthFitness is a comprehensive wellbeing provider that delivers wellness, fitness and injury prevention programs. To learn more, visit Healthfitness.com.

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