Product Manager, Group

Position: Product Manager, Group Benefits
Location: Toronto

The Product Manager supports the strategy, management, and execution of the disability product portfolio. Working in close collaboration with teams such as Marketing, Sales, Operations, Underwriting and Finance, the Product Manager will help implement new products offerings, deliver product enhancements, strategic initiatives and lead special projects. The Disability Product team is responsible for the ongoing management and evolution of the disability portfolio, including Short-Term Disability, Long-Term Disability, and Absence Management and Consultation Services.

Reporting to the Director, Disability Products, the Product Manager plays a key role in assessing opportunities, developing recommendations, coordinating delivery, and monitoring portfolio performance in support of Group Benefits priorities.

Individual Responsibilities:

Portfolio management:
Support the ongoing management of the disability portfolio by monitoring product performance, customer and market needs, operational issues, risks, and emerging opportunities

Strategy and planning:
Translate disability portfolio priorities into practical roadmaps, business requirements, recommendations, and implementation plans.

Initiative delivery:
Manage assigned product initiatives from discovery and scoping through implementation, including timelines, dependencies, risks, decisions, and stakeholder communications.

Product development and enhancement:
Coordinate cross-functional work to develop and implement product, service, process, and experience improvements across the disability portfolio.

Business analysis:
Develop clear, evidence-based assessments and business cases using customer, market, financial, operational, and claims insights.

Relationship management and influence:
Develop relationships with individuals across the organization to identify opportunities for partnerships and ensure shared goals are reached Special Projects:
Lead initiatives in support of the broader Product and Platform organization

Shared Responsibilities:

Partner with Member and Sponsor digital teams to ensure that purchasing journeys and marketing collateral are engaging and optimal

Collaborate across Business Units (BUs) to align distribution strategies with Group Benefits business practices, sponsor expectations and Canada segment goals

Be the first point of contact for all questions and support sales/distribution on any product inquiries

Required Qualifications:

5+ years of project management experience working with cross-functional teams to lead initiatives from scoping to execution

University degree preferably in business or health Strong communication and relationship management skills

Ability to clearly convey business priorities, project status, and to translate complex products into clear, compelling, value propositions

High level of self-motivation and keen sense of owning and delivering on project deliverables

Preferred Qualifications:

Experience in consulting or a start-up environment

Demonstrated ability to navigate ambiguity and solve problems creatively in a highly matrixed and regulated environment

An understanding of disability insurance products or an understanding of the group benefits space more broadly Willingness to travel as required

When you join our team:

We’ll empower you to learn and grow the career you want.

We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

As part of our global team, we’ll support you in shaping the future you want to seeThe role being advertised is an existing vacancy.

About Manulife and John Hancock Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more…