Full-Time

Product Capability Manager

Hybrid

Confirmed live in the last 24 hours

Prudential Financial

Prudential Financial

10,001+ employees

Provides insurance, investment, and retirement solutions

Fintech
Financial Services

Compensation Overview

$115.8k - $172.3kAnnually

Mid, Senior

Newark, NJ, USA + 4 more

More locations: Shelton, CT, USA | Ambler, PA, USA | Minneapolis, MN, USA | Jacksonville, FL, USA

Hybrid position requiring on-site presence on a recurring basis.

Category
Product Management
Product
Required Skills
Market Research
Product Management
Data Analysis
Requirements
  • Series 6 or successful completion within first 6 months.
  • Detailed oriented mindset with an ability to achieve high quality results.
  • Thought leader with demonstrated ability to make recommendations on tradeoffs with ability to provide direction on large cross functional projects.
  • Ability to work with legal and compliance experts to identify and assess any new product risks and ensure any challenges in the new product features are addressed.
  • Critical and abstract thinker that can absorb and maintain sophisticated product definition.
  • Strong written and verbal communication skills with ability to clearly convey product rules, and calculations.
  • Willingness to work in a fast-paced, high pressure work environment to meet project deadlines.
  • Bachelor’s degree – preferred.
  • 5 Years or more of life insurance experience with a solid understanding of financial services - preferred.
  • Prior experience in product strategy, development and/or management – preferred.
  • Advanced excel skills preferred with the ability to develop product calculations in tools and examples as needed.
Responsibilities
  • Drives product feature definition and market research during feasibility for new product concepts.
  • Assists in prototyping activities around the evaluation of new product features.
  • Studies competitive trends to provide perspective of our Portfolio versus the Industry and analyzes internal data on Prudential’s current product portfolio to identify trends.
  • Manages the strategic positioning of products by working with line leadership so that clear direction is provided to actuarial team during product pricing.
  • Liaison throughout Product Development Process to ensure that strategic goals are achieved.
  • Evaluates project deliverables and provides line leadership with recommendations so that informed decisions on tradeoffs can be made.
  • Develops Product Specifications and Calculations for new features and is the foremost expert on a product’s definition in the insurance contract, prospectus, and other product materials.
  • Ensures all product requirements and distribution materials are accurate and ready for a Product’s launch.

Prudential Financial provides a variety of financial services, including insurance, investment management, and retirement planning. Their products help individuals and institutions achieve financial security and growth. Prudential offers life insurance, annuities, mutual funds, pension services, and asset management. The company generates revenue through premiums, fees, and investment income. What sets Prudential apart from its competitors is its focus on building long-term relationships with clients and offering comprehensive financial planning to ensure they are prepared for the future.

Company Stage

IPO

Total Funding

N/A

Headquarters

Newark, United Kingdom

Founded

1975

Simplify Jobs

Simplify's Take

What believers are saying

  • Prudential's investment in FIDx aligns with the digital transformation trend in financial services.
  • The appointment of Susan Somersille Johnson as CMO could strengthen brand positioning.
  • Prudential can leverage ESG factors to attract socially conscious investors.

What critics are saying

  • Increased competition in the Asian insurance market may affect profitability.
  • Integration challenges with FIDx investment could pose financial risks.
  • Strategic shifts by the new CMO may not align with current brand positioning.

What makes Prudential Financial unique

  • Prudential offers a comprehensive range of financial services globally.
  • The company focuses on long-term relationships and comprehensive financial planning.
  • Prudential leverages digital transformation to enhance customer experience and streamline operations.

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