Senior Product Manager (Investment Products)

Location: Hybrid - Toronto

The total target compensation (TTC) range, including salary and target bonus, is $125,440 - $174,720. This TTC range is applicable to permanent roles only; fixed-term contract and casual roles are not eligible for annual bonus and would receive only the base salary component. The actual base salary offered within this range will be determined by the successful candidate’s skills and experience, as well as internal equity.

Empire Life is looking to hire a Senior Product Manager (Investment Products) to join our Investment Products & Marketing team! We are actively seeking candidates to fill a current, open position.

As a Senior Product Manager, you cultivate market, competitor, and customer insights to inform strategies and tactics that will drive the adoption of, and sales of, Empire Life’s investment products.

The Senior Product Manager is an experienced product management professional with strategic-thinking capabilities, as well as the strong influencing and execution skills that are required for success in a fast-paced, high-growth environment.

Hyper-focused on growth, you proactively gather and share market sales insights and competitive feedback to inform strategies, help set the product roadmap, and grow market share for our product solutions. You learn quickly, communicate clearly, collaborate effectively, and act decisively. Your accountabilities span across Empire Life’s Investment Product portfolio, including segregated funds, GICs and annuities. You may also have accountability for one or two direct reports.

Why pursue this opportunity

Play an integral role - this is an opportunity that allows you to grow your skills, while directly contributing to the business unit you are a part of.

Deliver excellence - provide a personal, accurate, professional, and courteous service and resolution to our customers.

Have your voice heard - with a fresh perspective, we welcome those that can highlight opportunities for improvement. We encourage creative and innovative thinking and welcome candidates who are not afraid to challenge the status quo.

Diversity, equity, and inclusion - we are committed to creating a diverse, equitable, and inclusive workplace and welcome candidates who share this commitment.

What you’ll be working on

• Day-to-Day Product Management: Act as key contact and subject matter expert/owner for sales and internal partners on existing products; respond to inquiries in an effective and timely manner. Manage and oversee updates to product and fund-related materials and tools.
• Competitive Intelligence: Proactively track and analyze competitor’s products, funds, programs and positioning to ensure that Empire has a strong value proposition. ; Create and update materials and communicate this information to the Sales and Marketing teams and other key stakeholders.
• Product Support & Training: Develop and maintain strong working relationships as the trusted subject matter expert with key internal stakeholders and distribution partners. Provide ongoing education on existing products and product features to key stakeholders, sales, and distribution partners.
• Product Development: Identify opportunities, develop business cases, support product and fund launch documents, and lead the implementation of approved plans to support Retail priorities.
• Product Marketing: Provide input and recommendations into product and marketing plans for existing and new products and funds. Lead the development and implementation of materials, tools and calculators in partnership with key internal stakeholders.
• Product Messaging & Promotion: Support sales objectives through identification, development and delivery of compelling product presentations, materials and effective sales tools for target audiences.
• Regulatory & Compliance: Understand, interpret, and make recommendations about the impact of regulatory changes on the product line. Support implementation of new regulatory requirements, as needed. Represent Investment Product & Marketing on regulatory and compliance committees.
• Product Analytics: Provide ongoing tracking, monitoring and analysis for existing products and funds for Retail Investment Product management.
• Process Improvement: Support and identify opportunities to improve automation, improve business efficiency and processes using technical tools and resources.
• People Management: Provide leadership, oversight, direction and coaching to Assistant Product Managers (if applicable).

What we’re looking for you to have

• 5-8+ years’ work experience in product management in the investment or financial services industry at a bank, mutual fund, or insurance company. Segregated fund product experience strongly preferred.
• Minimum 5 years as a proven product manager with experience producing tangible business results and demonstrated success launching new products and/or funds.
• Completion of an undergraduate university degree, with courses in business administration, marketing, or finance. MBA degree is an asset.
• Completion of CSC or IFIC courses preferred and CFP or CFA designations are an asset.
• Strong understanding of segregated fund products, investment industry, regulatory environments and competitive landscape.
• Strong understanding of sales concepts, distribution channels and strategies.
• Self-starter; able to determine own path to success, rather than needing extensive direction.
• Experience building persuasive product marketing briefs, marketing plans and business plans.
• Demonstrated ability to initiate and build effective relationships with colleagues in other departments including support and development of cross-departmental relations and work initiatives.
• Experience developing and delivering compelling presentations and marketing materials.
• Strong public speaking skills and experience presenting to small and large audiences.
• Strong project management capabilities with an emphasis on attention to detail
• Highly analytical, ability to conduct research, analyze data and make recommendations. Well-developed ability to translate analysis and data into sales ideas.
• Demonstrated leadership capabilities including ability to influence peers and leadership through strong communication and interpersonal skills.
• Works well in a collaborative, team environment
• Strong ability to prioritize and balance multiple tasks or projects.
• Strong knowledge of MS Office (Excel, PowerPoint, Word) and other spreadsheet, database and presentation software.
• Knowledge of industry tools such as Morningstar Direct an asset
• If you are applying for a position which is open to applicants across Canada, unless otherwise indicated in the position, language proficiency in English is required for communicating with customers, advisors, or employees across Canada.

Our hiring process includes AI screening for keywords and minimum qualifications. Recruiters review all results.

Beyond the salary

For permanent full-time positions, Empire Life offers a comprehensive total rewards package that includes:

• Hybrid work model
• Competitive salaries with annual pay increases
• Annual bonus program, which recognizes both strong company performance and individual contributions, for non sales positions
• Access to learning & development programs, and education/tuition reimbursement (role dependent), to support your professional growth and career advancement.
• Competitive uncapped commission, for sales positions
• A comprehensive employer-funded benefits package starting from day one of employment, that includes life insurance, health and dental and a generous health account
• Flexible work arrangements and an annual allotment of personal health days.
• Four weeks annual vacation from hire date
• A defined contribution pension plan with generous employer matching
• Top up programs for parental leave and compassionate leave
• Employer-sponsored wellness and recognition programs
• A cash employee referral program

To learn more about working at Empire Life, visit https://www.empire.ca/workatempire.

Get to know us

Empire life is proud to be an equal opportunity employer. We celebrate diversity, are committed to creating an inclusive environment, and welcome everyone to participate in our application process.

We encourage those of all backgrounds and experiences to apply, even if you don't believe you meet each unique qualification outlined. Applicants will receive equal consideration without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or age.

Empire Life welcomes applications from people with disabilities and disabled people. Accommodations are available upon request for candidates taking part in all aspects of the screening and selection process. If you need this job posting in an alternative format or have any accessibility questions, please contact [email protected].