3 Director, Product Management Jobs in Oakbrook Terrace, IL
BCS Financial Corporation is Hiring a Director, Product Management Near Oakbrook Terrace, IL
The Director of Product Management strategically drives the development and management of insurance products in the BCS portfolio of solutions using market research and analysis, customer/distributor feedback, and performance data (sales, underwriting, financial, etc.). This person will also work with the Underwriting and Actuarial departments in rate and risk profile development. The ideal candidate is forward-thinking, strategic, and customer service oriented.
This position reports to the Head of Marketing.
Essential Elements
- Research market trends and collect competitor intel to help guide product strategy and share learnings from the market across the broader organization
- Utilize voice of the customer and broker to assess go/no go activity with product development
- Assess the results of current product performance and recommend improvements and/or enhancements
- Measure the impact of product changes to ensure the implementation and results match what was planned
- Partner with Actuarial and Underwriting teams to work on the development of coverage, pricing levels, and policy requirements
- Collaborate with the Compliance team to facilitate regulatory approval and implement new features
- Product training (internal and external)
- Work with marketing leads on collateral development and upkeep, which includes forms, presentations, brochureware, etc.
- Coordinate with Operations to ensure products are stood up on our systems, third-party vendors are ready, contracts are in good order, technology and tools are in place, etc.
Requirements
Education and Certifications
- Bachelor's Degree or equivalent insurance training
Experience
- 8 or more years of insurance industry experience in a product development role
- Highly proficient in Microsoft Office (Word, Excel, Outlook, PowerPoint) ·
- Expert knowledge of all rating and product activities
Travel Required
- Travel may be required to attend educational conferences.
Workplace policy
- BCS has a hybrid office policy. This position will be required to be in the office on average 2 day a week.
BCS Core Competencies
Customer Focus, Informing, Courage, Action Oriented, Learning on the Fly, Drive for Results
Benefits
BCS offers a highly competitive benefits package that is designed to embrace our diverse workforce and offer benefits that fit our team members' unique needs!
- Medical
- Dental
- Vision
- 401(k) with company match
- HSA
- FSA
- Short term/Long term disability
- Employer-paid life insurance
- Competitive PTO plan
- 12 paid holidays
- Parental leave
And much more!
Job Summary
Full Time
Insurance
$154k-183k (estimate)
02/05/2024
05/03/2024
bcsf.com
OAKBROOK TERRACE, IL
100 - 200
1953
DAN RYAN
$50M - $200M
Insurance
Related Companies
About BCS Financial Corporation
BCS Financial Corporation has more than 70 years of experience providing a wide-range of insurance and financial solutions for Blue Cross and Blue Shield organizations nationwide. With four primary product segments ancillary income solutions, large claim solutions, specialty risk solutions, and financial service solutions BCS is the strategic partner to deliver growth, diversification, and protection solutions for Blue Plans and commercial market carriers, alike. Through its subsidiaries, BCS Insurance Company and 4 Ever Life Insurance Company, BCS is licensed in all 50 states and is rated A...- (Excellent) by A.M. Best. BCS Financial is headquartered in Oakbrook Terrace, Ill. Learn more at bcsf.com.
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The job skills required for Director, Product Management include Product Management, Product Strategy, Product Development, Presentation, Pricing, etc. Having related job skills and expertise will give you an advantage when applying to be a Director, Product Management. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director, Product Management. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Director, Product Management positions, which can be used as a reference in future career path planning. As a Director, Product Management, it can be promoted into senior positions as a Product Management Senior Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director, Product Management. You can explore the career advancement for a Director, Product Management below and select your interested title to get hiring information.
If you are interested in becoming a Director Product Management, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director Product Management for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Director Product Management job description and responsibilities
They communicate their products’ strategy to relevant teams such as development and sales.
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During the product review, a PM presents an overview of recent launches and any available metrics, upcoming launches, top user needs, and a view of the broader product roadmap.
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Product managers may leverage analytical tools such as a SWOT analysis to structure their approach towards their competitors.
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They drive product development and are responsible for their products’ successes and failures.
03/03/2022: Concord, NH
Product managers advocate for their products with executives and other stakeholders. From working on the core product development to analyzing customer feedback, mobile gaming PM’s have a lot on their plate.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Director Product Management jobs
Understand the market, the customers, and the product.
03/27/2022: Boise, ID
Review documentation and gather data.
03/12/2022: Mcallen, TX
Talk with all kinds of customers.
03/18/2022: Stamford, CT
Create an ambitious product mission or vision.
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Creative problem-solving skills is a strong plus in this position.
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Step 3: View the best colleges and universities for Director Product Management.
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