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Director of Product Strategy and Management Delta Dental of VA Roanoke, VA, USA
• Employment Type Full-Time
• Compensation $229,200 to $240,100 per year Estimated pay
Estimated Pay
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Position Summary:
The Director of Product Strategy and Management will provide leadership and subject matter expertise for the development of products in both new and existing markets. This role will report directly to the Chief Operating Officer and will provide leadership to the product management team. This individual is responsible for leading product strategies from early development through execution of the product roadmap. The role will serve as a cross-functional partner in the organization, working closely with leaders and stakeholders throughout the organization, including but not limited to Marketing, Sales, Account Management, Underwriting, Actuarial, Operations, and other departments as needed. Ultimately responsible for influencing, supporting, and executing the vision set by top Executive leadership, this role will be focused on identifying opportunities that lead to the growth of our products through innovation, while working within the fundamental business goals and priorities.
Essential Functions:
• Define product requirements based on competitive analysis and market research and monitor competitive landscape
• Review, design, and execute improvements to current and future product structure; find knowledge and skills gaps to administer and profit from these while managing risk
• Conduct market research, risk analysis and other key data processes to obtain the information necessary to make product decisions
• Provide leadership and support Executive Leadership in creating product initiative business cases, including sales forecasts, pricing, and success metrics.
• Work with Compliance to ensure new insurance products satisfy existing regulations
• Identify opportunities and threats in the market and create strategies to help the company overcome them
• Work with segment leaders/ SMEs to ensure effective service and communication, i.e. sales, planning, purchasing, trading, distribution and technical.
• Develops product policies and business rules.
• Performance monitoring of insurance products across loss ratios, profitability, sales metrics, report costs, commissions and general insurance reporting and take corrective action when necessary
• Coach, develop, and guide Product team members in managing workflows and special projects
• Responsible for the hiring, training, and performance management of new and existing team members
• Perform special projects and other duties as assigned
Qualifications/Education/Experience:
• Minimum of 8 years experience in a Product Management leadership role within the insurance industry
• Bachelor’s Degree or an appropriate combination of education and/or equivalent experience is preferred
• Underwriting and pricing knowledge is a plus
• Demonstrated experience leading projects and people with ability to get results through others
• Strong performance leveraging critical skills including but not limited to data analysis, project-reporting, and budget management
• Consulting experience is a plus
• Excellent interpersonal communication skills are required, including ability to express oneself effectively and professionally through written and verbal communications
• Must possess good organizational skills and be able to handle multiple tasks with varying priorities
• Leadership qualifications to include developing, leading, mentoring, and setting goals or each member of the team
• Ability to think and plan strategically for organizational success
Physical Demands and Work Environment:
The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Physical demands: While performing the duties of this job, the employee is occasionally required to walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; balance; stoop; talk or hear. Use of hands is required for such technological devices such as a computer, telephone and others. The employee must occasionally lift and/or move up to 15 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus. The employee will be required to travel (sometimes long distances) to attend required meetings.
• Work environment: The work is limited to the office environment with occasional trips to other office facilities or locations necessitating walking outdoors or driving. The noise level in the work environment is usually minimal.
Delta Dental of Virginia is a drug-free work environment. Delta Dental provides equal opportunity in employment for all qualified persons and prohibits discrimination in employment on the basis of race, color, religion, creed, sex, sexual orientation, pregnancy and pregnancy related conditions, gender identity, national origin, ancestry, age, veteran status, disability unrelated to job requirements, genetic information, military service or other protected status.
Posted date: 26 days ago
View all Jobs at Delta Dental of VA
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