Thursday, March 02, 2017

Director Individual Life Insurance Product Development Prudential Financial Newark

Job Description: • 2-minute read •
The position provides the opportunity to operate as the champion of the product line, helping the organization identify and achieve the goals for success. More specifically will have the following opportunities:
You will develop and maintain product line strategies, with a depth of understanding of the future state vision for the line and how it supports Individual Life Insurance’s strategic direction.
You will define objectives and market value propositions at the line, product, and initiative level.
You will connect product strategies to sales, marketing, and operational strategies at the line, product and initiative level.

You will maintain a holistic and outward facing view of what is necessary and sufficient for success for the line and all initiatives supporting it.

You will determine product line priorities and complete and present business cases for development of new products, including what is needed for success in the areas of services, sales and marketing tools, etc.

You will champion initiatives through implementation, roll-out and post-rollout promotion.

You will offer a depth of knowledge for the product line to support connected efforts in other Individual Life Insurance functions.

You will identify and resolve issues and obstacles preventing achievement of optimal results.

Qualifications

Does this sound like you? Our successful candidate has:

Bachelor’s degree
MBA or relevant designations preferred (e.g., FSA, MAAA, CLU/ChFC)
Financial services experience and a strong understanding of the individual life insurance business.
Prior experience in the product development process, including pricing, business strategy and/or market/competitive research
Ability to think strategically and analytically to connect a variety of internal and external inputs into a vision and direction
Ability to deal with professionals at all levels and functions, including senior management and field/sales professionals
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