Product Manager, Group Benefits in Toronto

Product Manager, Group Benefits in Toronto

Toronto Full-Time 130500 - 159500 $ / year (est.) Hybrid
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At a Glance

  • Tasks: Manage and enhance disability products while collaborating with diverse teams.
  • Company: Join Manulife, a leading financial services provider committed to innovation and inclusion.
  • Benefits: Enjoy customizable health benefits, retirement plans, and generous paid time off.
  • Other info: Flexible hybrid work environment with opportunities for growth and development.
  • Why this job: Make a real impact in the disability insurance space and shape the future of group benefits.
  • Qualifications: 5+ years in project management and strong communication skills required.

The predicted salary is between 130500 - 159500 $ per year.

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 product 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 see.

Benefits

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence.

Product Manager, Group Benefits in Toronto employer: Manulife/John Hancock

Manulife/John Hancock is an exceptional employer that fosters a dynamic and inclusive work culture in the heart of Toronto. With a strong commitment to employee growth, we offer comprehensive professional development opportunities and encourage collaboration across global teams, making it an ideal environment for those looking to make a meaningful impact in the private debt sector. Our competitive benefits package and focus on work-life balance further enhance the rewarding experience of being part of our innovative organization.

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Contact Details:

Manulife/John Hancock Recruitment Team

We think you need these skills to ace Product Manager, Group Benefits in Toronto

Project Management
Cross-Functional Collaboration
Product Development
Business Analysis
Relationship Management
Strategic Planning
Communication Skills