Associate Product Manager

Overview

At Banner Life Insurance Company, we lead with heart and ambition. Every day, we transform purpose into progress, guided by our unwavering commitment to be better for our customers, clients, and communities, not just today but long-term as well. Our people are the driving force behind everything we achieve. Their passion, purpose, and pursuit of innovation empower us to deliver cutting-edge solutions that support those we serve, ensuring we are here for you, here for good and striving for better.

We’re a forward-thinking company energized by our work and how we show up for one another. Our culture is built on meaningful impact and genuine enjoyment, because we believe great work and great experiences should go hand in hand.

By offering career development opportunities, comprehensive benefits, and programs that support your wellbeing, we help you thrive personally and professionally. We are here for you, here for good and here for better.

The Associate Product Manager is responsible for leading scrum teams related to product initiatives, managing cross functional product implementation projects and supporting research and development efforts related to new growth opportunities.

This role partners closely with the Head of Product Management to assist with product strategy across the full product lifecycle, including new product launches, enhancements, pricing changes, and in-force updates.

The role is execution-focused, operating within an agile or hybrid delivery environment to drive disciplined, on-time delivery across product development, product management, pricing, operations, IT, compliance, and distribution.

Responsibilities

Project Execution & Delivery Management

• Using Scrum framework, facilitate sprint planning, daily stand-ups, sprint reviews and retrospectives within the product development and pricing teams.
• Use Agile and delivery metrics to drive execution, improve velocity, identify dependencies/bottlenecks, and improve outcomes.
• Drive execution against scope, schedule, and quality expectations while proactively managing risk.

Product Implementation

• Maintain accountability for execution of product and pricing initiatives, ensuring delivery aligns with approved scope, timelines, and success criteria.
• Manage project execution and risk for all phases of the project from concept development, kick-off, scope and requirements gathering, final design, implementation, testing, training, and launch.
• Ensure product initiatives align with product & distribution strategy, operational capabilities, and regulatory requirements.

Research and Development

• Complete research on new product opportunities (term, final expense, and other life insurance products), partnership relationships and adjacent markets.
• Prepare holistic content, including presentations, for product strategy sessions and SLT level committee meetings.
• Present findings and actionable recommendations to the AVP of Product Management and senior members of the Actuarial and Underwriting leadership team.

Cross-Functional Coordination

• Coordinate across Product, Underwriting, Actuarial, Operations, IT, Legal/Compliance and Distribution teams.
• Identify and manage delivery risks related to product, pricing impacts, regulatory constraints, and operational readiness.

Stakeholder Communication & Reporting

• Provide clear, concise delivery reporting to actuarial and product leadership, and key stakeholders.
• Translate complex life insurance and delivery concepts into actionable insights.

Qualifications

Education

• Bachelor’s degree in business, Finance, or related field
• MBA preferred

Experience/Knowledge

• 3+ years of experience in project management or product implementation within life insurance
• Proven experience delivering projects in an agile or hybrid delivery environment.
• Ability to lead scrum and project teams
• High energy, positive can-do attitude, and collaborative nature
• Critical thinking skills and attention to detail

Certifications

• PMP certification or working towards certification
• Agile certification (CSM, SAFe, PMI-ACP, or similar) or working towards certification
• Life Office Management Association (LOMA) designation

Skills

• Proven ability to manage cross-functional initiatives
• Excellent stakeholder management and communication skills
• Highly organized, detail-oriented, and results-driven
• Experience using JIRA, Confluence, and other project management tools
• Excellent written and verbal communication skills; both internal and client facing

What’s in it for you?

The expected hiring compensation range for this position is $90,800 - $124,900 annually. This is a remoteopportunity working on Eastern time zone.  

The total compensation package for this position may include other elements, such as a sign-on bonus, long term incentives, and annual bonuses.  This role is eligible to participate in the Annual Incentive Plan. The current target payment for the position is 8% of base salary, modified for corporate and individual performance. Bonuses are pro-rated based on start date.  This role has 15 vacation days and 10 sick days that are accrued on a bi-weekly basis. Employees also have 9 paid holidays throughout the calendar year.

We have a competitive compensation and benefits package focused on your overall wellbeing.  Employee benefits include health, life, and dental insurance; 401K with company match up to 6% as well as a pension package; generous time off; and wellbeing initiatives throughout the year (we like doing fun stuff).  We’re big on professional development and we’ll support and mentor you in your career progression and expect you to help us pay it forward by helping us develop tomorrow's leaders and growth-focused professionals. We value our teams and our communities and believe in giving back. Enjoy time off to volunteer for those causes that matter most to you!

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors. The Company reserves the right to change benefits plans at any time.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. Please contact us to request accommodation.