Insurance Product Manager Job| Apply Right Now

• Job Title: Insurance Product Manager
• Company: Ameriprise Financial
• Degree: MBA/Computer Science
• Salary: $235,000 a year
• Job Type: Full Time
• Location: Minneapolis, MN 55474
• Experience: +5 Years of Experience

About Ameriprise Financial:

Ameriprise Financial is a main monetary offerings corporation with wealthy information of supporting clients plan for and reap their economic desires. With a determination to integrity, excellence, and consumer-centric service, we offer a huge variety of financial products and services, which include investment control, retirement-making plans, wealth manipulation, and coverage answers.

Our crew of dedicated professionals strives to empower our customers to make informed selections approximately their economic future and navigate the complexities of the economic landscape with self-assurance and peace of mind.

Position Overview: Insurance Product Manager

Ameriprise Financial is looking for a dynamic and skilled Insurance Product Manager to sign up for our organization. The Insurance Product Manager will play a crucial function in driving the improvement, control, and optimization of our coverage product portfolio.

This man or woman will collaborate with past-practical agencies, along with product development, advertising, earnings, and actuarial departments, to discover marketplace possibilities, lay out progressive coverage products, and beautify present offerings to meet the evolving dreams of our customers.

Key Responsibilities:

Product Strategy and Development:

• Develop and execute strategic plans for the coverage product portfolio, aligned with the company’s ordinary goals and marketplace developments.
• Conduct marketplace studies and competitive evaluations to perceive emerging developments, client preferences, and opportunities for product innovation.
• Collaborate with internal stakeholders to conceptualize, lay out, and prioritize new coverage products and upgrades to present-day offerings.
• Define product requirements, functions, and specifications based totally on market insights, regulatory requirements, and commercial enterprise desires.

2. Product Lifecycle Management:

• Oversee the whole lifecycle of insurance merchandise, from ideation and improvement to release, tracking, and optimization.
• Work intently with bypass-practical corporations to ensure seamless execution of product responsibilities, collectively with pricing, underwriting, distribution, and customer support.
• Monitor product’s usual performance, analyze key metrics, and perceive areas for improvement or optimization to beautify profitability, customer pride, and retention.
• Implement product enhancements, updates, and modifications in reaction to market dynamics, regulatory adjustments, and competitive pressures.

3. Risk Management and Compliance:

• Collaborate with felony, compliance, and risk management agencies to make certain that coverage products look at regulatory requirements and industry requirements.
• Conduct danger tests and implement risk mitigation techniques to protect the financial integrity and recognition of the agency.
• Stay abreast of regulatory tendencies, legislative modifications, and business enterprise first-rate practices associated with insurance merchandise and contain them into product layout and control strategies.

4. Cross-Functional Collaboration:

• Foster sturdy operating relationships with internal stakeholders, which include product development, marketing, sales, actuarial, legal, compliance, and operations teams.
• Collaborate with income and distribution channels to offer product schooling, advertising and marketing and advertising substances, and income manual to promote the adoption and sale of coverage products.
• Partner with advertising and marketing and advertising and marketing groups to develop compelling messaging, positioning, and promotional campaigns to strengthen consciousness and demand for insurance merchandise.

5. Performance Measurement and Reporting:

• Develop and hold key overall performance signs (KPIs) and metrics to assess the overall performance and effectiveness of coverage merchandise.
• Prepare regular opinions and suggestions for senior control, highlighting product overall performance, market tendencies, aggressive landscape, and actionable insights.
• Utilize facts analytics and organization intelligence equipment to derive insights, perceive tendencies, and make statistics-driven suggestions for product optimization and strategic selection-making.

Qualifications and Skills:

1. Bachelor’s diploma in commercial business enterprise, finance, marketing, or associated location; advanced degree or professional certifications (e.g., MBA, CPCU, FLMI) desired.
2. Minimum of 5 years of revel in coverage product control, product development, or related roles inside the monetary offerings enterprise.
3. In-intensity knowledge of insurance products, which include life coverage, annuities, incapacity insurance, and long-term care coverage; familiarity with coverage guidelines and compliance requirements.
4. Proven tune record of effectively launching and coping with coverage products from concept to commercialization, the use of sales increase, and profitability.
5. Strong analytical skills, with the functionality to interpret marketplace facts, financial metrics, and patron insights to inform product techniques and choices.
6. Excellent project control capabilities, with the ability to control multiple priorities, meet deadlines, and collaborate efficaciously with move-sensible teams.
7. Exceptional communication and interpersonal talents, with the functionality to articulate complex ideas, affect stakeholders, and construct consensus at some stage in the enterprise organization.
8. Strategic mindset, with the capacity to suppose creatively, count on market tendencies, and boom progressive solutions to address consumer desires and competitive challenges.

Benefits:

At Ameriprise Financial, we trust in worthwhile our employees for his or her difficult work and resolution. Here are a number of the blessings you could revel in as a member of our crew:

• Competitive Compensation: We provide competitive profits and overall performance-based totally definitely incentives to recognize and reward your contributions.
• Comprehensive Benefits Package: Our advantages package includes medical health insurance, dental and vision insurance, life coverage, incapacity insurance, and bendy spending accounts to assist your common well-being.
• Retirement Plans: Plan your future with our retirement financial savings plans, which include 401(adequate) matching and profit-sharing contributions.
• Professional Development: We put money into our personnel’s growth and development through education applications, training compensation, and possibilities for professional improvement.
• Work-Life Balance: We apprehend the importance of work-life stability and offer flexible work preparations, paid time without work, parental leave, and fitness applications to help you thrive individually and professionally.
• Collaborative Environment: Join a group of proficient professionals who are captivated with assisting customers acquire their financial dreams. Our collaborative artwork environment encourages innovation, creativity, and continuous getting to know.

Why Join Ameriprise Financial:

• Industry Leader: Ameriprise Financial is a relied-on chief inside the economic services corporation, with a sturdy recognition for integrity, excellence, and customer-centric issuer.
• Impactful Work: Join an organization that makes a significant effect on the lives of our customers with the resource of helping them plan for their financial destiny and obtain their dreams.
• Opportunity for Growth: Ameriprise Financial offers enough opportunities for career growth and advancement, whether or not or no longer you are genuinely beginning your career or searching to take the next step.
• Culture of Diversity and Inclusion: We consist of variety and inclusion as middle values, fostering a subculture in which everybody is valued, authentic, and empowered to make a contribution to their specific views and capabilities.
• Commitment to Community: Ameriprise Financial is devoted to giving lower again to the communities in which we stay and paintings via volunteerism, charitable giving, and company social responsibility tasks.

Work Environment:

At Ameriprise Financial, you may find supportive and collaborative painting surroundings wherein teamwork is valued, innovation is recommended, and excellence is widely known. Here’s what you can assume:

1. Team Collaboration: Work cautiously with move-realistic companies to gain commonplace dreams and supply terrific effects for our clients.
2. Continuous Learning: Engage in ongoing mastering and expert development possibilities to decorate your competencies and expertise within the economic services company.
3. Innovative Thinking: Embrace a subculture of innovation and creativity, in which new thoughts are welcomed, and non-stop development is recommended.
4. Work-Life Balance: Enjoy wholesome artwork-life stability with bendy artwork preparations, well-being packages, and assistance for personal and expert growth.
5. Inclusive Culture: Be part of a diverse and inclusive administrative center in which all personnel are valued, reputable, and empowered to succeed.

Conclusion:

Joining Ameriprise Financial method turned into a member of a team of dedicated professionals who are passionate about creating an effective distinction within the lives of our clients.

With aggressive compensation, comprehensive advantages, opportunities for growth, and supportive work surroundings, Ameriprise Financial gives a thrilling and profitable professional course inside the financial services industry. If you’re searching for a dynamic and pleasing professional opportunity, we invite you to apply and become part of our group in recent times.

How to Apply:

To observe for the Insurance Product Manager characteristic at Ameriprise Financial, please go to our careers website at [insert careers website link] and submit your resume and cover letter outlining your qualifications, experience, and why you’re interested in joining our group.

We stay up to review your software and explore how you can contribute to our assignment of helping clients obtain their monetary goals. Join us at Ameriprise Financial and embark on a worthwhile professional adventure with limitless opportunities for boom and achievement.

Click Here To Apply Online

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