LTC Closed Block Product Director

Company: Unum Insurance
Location: Portland
Posted on: November 8, 2024

Job Description:

When you join the team at Unum, you become part of an organization committed to helping you thrive.Here, we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout life's moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this, we provide:

• Award-winning culture
• Inclusion and diversity as a priority
• Performance Based Incentive Plans
• Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability
• Generous PTO (including paid time to volunteer!)
• Up to 9.5% 401(k) employer contribution
• Mental health support
• Career advancement opportunities
• Student loan repayment options
• Tuition reimbursement
• Flexible work environments*All the benefits listed above are subject to the terms of their individual Plans.With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. Whether you're directly supporting a growing family, or developing online tools to help navigate a difficult loss, customers are counting on the combined talents of our entire team. Help us help others, and join Team Unum today!General Summary:This position will provide leadership and comprehensive management of a product line working closely with internal constituents, external partners and customers to ensure alignment with distribution strategies, growth opportunities and market objectives. The incumbent is accountable for product development strategies, and monitoring of the market environment for indicators requiring adjustments to the overall plan. The incumbent for this position is accountable for owning the strategic analysis of internal and external market dynamics.Principal Duties and Responsibilities
  • Drives the execution of the strategic vision and development pipeline for specific products and/or capabilities. Owns recommendations, development, profitable design, marketing, integration and implementation of new or existing market programs, products and product options.
  • Utilizes and leverages technology to drive solutions.
  • Provides ongoing market assessments which captures internal and external dynamics and recommends course of action supported by CBA and strategic rationale.
  • Works with manager and internal/external parties to ensure that the portfolio is compliant with regulations.
  • Partners with other functional areas (such as IT, Underwriting, Pricing, Sales Support, Field Sales and Service, Benefits, Client Services, Marketing, Compensation, CC&F, Law Department and Training) to vet opportunities and ensure appropriate resources are available to meet development goals.
  • Facilitates conflict resolution across the business areas and ensures the appropriate strategic and tactical decisions are reached.
  • May perform other duties as assigned.Job Specifications
    • BA/BS required; MBA preferred.
    • 7+ years of business experience, preferably in financial services industry or in marketing, product development or brand management.
    • Proven leadership skills and abilities necessary to leverage functional partner relationships across the corporation.
    • Must be a strategic thinker, able to execute at a tactical level.
    • Attentive focus on delivering timely results and executing on plans to support corporate growth and financial results.
    • Superior proven ability to handle multi-dimensional projects, to execute accountabilities, and deliver quality results through multiple organizational areas not under his/her direct span of control.
    • Ability to lead a cross-functional project team.
    • Ability to work in a collaborative environment within and across functions.
    • Excellent written and verbal communication skills and ability to influence.
    • Proven experience working with Agile/Scrum.The base salary range for applicants for this position is listed below. Unless actual salary is indicated above in the job description, actual pay will be based on skill, geographical location and experience.$89,900.00-$169,900.00Additionally, Unum offers a portfolio of benefits and rewards that are competitive and comprehensive including healthcare benefits (health, vision, dental), insurance benefits (short & long-term disability), performance-based incentive plans, paid time off, and a 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not. All benefits are subject to the terms and conditions of individual Plans.Company: Unum
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Keywords: Unum Insurance, Boston , LTC Closed Block Product Director, Executive , Portland, Massachusetts