Product Manager, Product Development - Newark, United States - Prudential

Prudential
Prudential
Verified Company
Newark, United States

3 weeks ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter
Description

Job Classification:
Product Management - Product Management

  • At Prudential, we believe talent is key to achieving our vision.
When you join Prudential, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading financial services institutions

The Individual Life Insurance Product Strategy Team is seeking a Product Manager, Product Development to join our team.

This role, reporting to the Director of Product Development, is focused on the strategic and tactical execution of designing new Life Insurance Solutions within our Product Development Process.

It requires thought leadership and critical thinking abilities to lead the implementation effort of a new product initiative.

This is a hands-on role where you will need to independently lead the execution of developing a product concept from the idea stage through implementation across Prudential's cross functional teams and ecosystems.


What you can expect:
Drive forward feasibility efforts for new Product Opportunities. That includes gathering market research of the competitive marketplace.

  • Study competitive trends to provide perspective of our Portfolio versus the Industry and perform internal data analytics on Prudential's product portfolio to identify trends.
  • Maintain feasibility backlog and assist in the development of initial business cases.
  • Participate and assist in the market positioning of products by working with leadership so that strategic direction is set and clear during pricing and implementation activities.
  • Liaison throughout the Product Development Process to ensure that goals are achieved. Evaluate project and system tradeoffs and work with leadership so that informed decisions can be made.
  • Develop and maintain Product Specifications around its features and become the foremost expert on a product's definition and how it should function.
  • Help ensure all product details are accurate and ready for a Product's launch.
  • What you'll need:
Bachelor's degree preferred

  • Series 6 or successful completion within first 6 months.
  • 3 to 5 Years of life insurance experience with a solid understanding of financial services strongly preferred.
  • Prior experience in product strategy, development and/or management preferred.
  • Detailed oriented mindset with an ability to achieve high quality results.
  • Thought leader with demonstrated ability to make recommendations on tradeoffs.
  • Critical analytical thinker with ability to navigate through complexity to achieve objectives.
  • Strong written and verbal communication skills (convey ideas, concepts, and proposals with clarity)
  • Ability to develop strong business relationships (partner) with various business teams and systems partners during feasibility and implementation phases.
  • Ability to navigate technical constraints and propose alternative solutions.
  • Continuous improvement mindset that helps breakthrough past precedence and seeks opportunities to make processes more efficient.
  • Willingness to work in a fastpaced, high pressure work environment to meet project deadlines.
  • At Prudential, you can:


We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities.

We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.


We're a global organization, full of outstandingly dedicated people who aren't afraid to think differently, challenge the status quo and take sensible risks along the way.

You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives.

You will have access to leadership and learning opportunities and the resources needed to take your career in any direction.

We will help you do your best work, offering flexibility, while delivering on our Purpose.


What we offer you:
Market competitive base salaries, with a yearly bonus potential at every level

  • Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave
  • Retirement plans:
  • 401(k) plan with company match (up to 4%)
  • Companyfunded pension plan
  • Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs
  • Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
  • Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.
  • Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
  • To find out more about our
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