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The Product Manager is a senior management level position responsible for managing a broad range of Product Management employees, setting strategy and providing direction, leadership and budgetary management, etc. Additionally, this role will be responsible for the development of product plans, strategies, and tactics while coordinating product lines through product life-cycles in coordination with the broader Product Management team. The overall objective of this role is to coordinate the promotion of products to develop new markets, increase share of market and obtain competitive position.
Job Responsibility:
Manage a team of Product Managers to accomplish established goals and conduct personnel duties for team (e.g. performance evaluations, hiring and disciplinary actions)
Oversee strategic program roadmaps, development, launches, and marketing to gain maximum benefit from each product, as well as survey and analyze competitive industry landscapes to identify relative trends, threats, and opportunities to apply in strategy development and execution
Manage day-to-day product marketing for core products such as product delivery, client experience, and client communication strategies as well as help the team prioritize, negotiate, and remove obstacles to achieve business results
Execute the client value propositions, positioning, segmentation, pricing, targeting, channel strategies, and competitive differentiation to achieve preferred status as partner to Citi clients
Develop plans and execute functional strategies for a country, group of countries, region, or business requiring coordination and integration across units as well as provide input into strategic decisions affecting job family or function within region or business
Manage client and competitor market research, develop product innovation roadmap, and address fundamental trials of product commoditization to create an advanced set of solutions
Oversee all aspects of program life cycle management including market demands, technology trends, and the competitive field as well as help drive innovation by working with external partners/alliances to develop products, manage ongoing relationships, and prepare agreements
Contribute to achievement of acquisition targets, product financial performance, revenue performance, and expense management goals as well as oversee identification and execution of opportunities and gaps business plans
Develop and communicate a business plan to approach the marketplace, and coordinate and implement team procedures, client problem resolutions and client management
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards
Requirements:
6-10 years of relevant experience
Required Licensing/Registration: Series 7
Experience in marketing, credit, acquisitions, product development, and/or analytics
Experience leading cross-functional teams to define and achieve high value business goals
Working knowledge of market dynamics, products, and competitive climate
Demonstrated project management skills
Ability to work unsupervised and adjust priorities quickly as circumstances dictate
Ability to work under pressure and manage deadlines or unexpected changes in expectations or requirements
Demonstrated problem-solving and decision-making skills
Consistently demonstrates clear and concise written and verbal communication
Demonstrated analytical skills
Ability to work in a team-oriented environment
Demonstrated influencing skills
Designing and supervising insurance products performance, mostly related to life insurance and assistances
Supervising and operating assistances related to insurance products
Negotiating with third parties providing insurance assistances, and managing performance, NPS, customer experience, prices, and contracts
8-year work experience in total but 5-year work experience in the insurance industry, in units related to product management and assistances embedded in the insurance
Bachelors degree in Actuarial science or Economics
ESL intermediate level at least
Negotiating contracts with TP
Strong communication and story telling
Robust capacity for teamworking
Leadership, oriented to deliver goals, and focus on improving customer experience
Strategic thinking and business oriented
Insurance business acumen
Nice to have:
Master’s degree preferred
A master degree is desirable, but related to behavioural economics is a plus