Job Description
What is the opportunity?
Our product management team is looking for passionate individual to manage RBC Insurance's Participating Whole Life (PWL) line of business. This includes ongoing maintenance as well as enhancements to existing products ensuring effective management of the product through its life cycle. The role acts as a subject matter expert for all PWL product information, supports the attainment of our strategic objectives, and greatly influences the brand reputation for RBC Life Insurance Company.
What will you do?
Manage day to day product management activities, including but not limited to addressing advisors’ inquiries
Collaborate with the individual product development team and product enablement team to ensure this product line meets performance expectations.
Understanding key drivers of financials for this line of business
Monitoring performance against KPIs and partner with stakeholders to address trends or issues
Conduct performance analysis on a needed basis to identify opportunities for improvement and efficiency
Accountable for product related reporting and risk assessment to ensure compliance with legal, regulatory and compliance requirements
Collaborate with cross functional partners - including product development, product enablement, pricing, sales, marketing, operations, IT and digital to implement enhancements and resolve product issues.
Maintain an awareness of the competitive and industry landscape. Monitor the regulatory environment to determine business risks and impacts. Recommend and implement policy and process changes as required.
Maintain all related internal and external product materials such as, but not limited to product specs, contract wording and marketing materials.
What you need to succeed?
3 to 5 years of experience in life insurance produce management, preferably with Participating Whole Life products
Solid understanding how life insurance products work
Detail oriented with problem solving and analytical skills.
Proven ability working with reports, monitoring KPI and proposing action plans
Strong interpersonal and organizational skills while fostering teamwork
Ability to work independently in a fast-paced, dynamic environment while effectively managing multiple priorities
Strong collaboration and influencing skills
Proficiency in MS Office suite of software
What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
Leaders who support your development through coaching and managing opportunities
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to do challenging work
Flexible work/life balance options
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Job Skills
Communication, Critical Thinking, Group Problem Solving, Knowledge Organization, Long Term Planning, Product Development Lifecycle, Product Manufacturing, Product Services, Product Testing, Waterfall ModelAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.