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Product Manager - Group Insurance

17/11/2024
18/12/2024
$1.00 - $2.00
Permanent - Full Time
Sydney Office
Strategy

NGS Staff Benefits

Before you learn more about the job ad, we encourage you to familiarise yourself with our fantastic NGS Staff Benefits page (link below) to understand our offering which includes Additional Leave Entitlements, Personal & Professional Development and Health & Wellbeing Benefits.

NGS Staff Benefits link: https://ngssuper.elmotalent.com.au/careers/careers/pages/staffbenefits 

About us

We are an award winning, national $15B public offer industry fund focused on the education and community sectors. Click on the video below to learn more!

The Role

Acting as conduit for all NGS business units, the Product Manager will work closely with the Executive Manager, Strategy and Product to oversee the Fund’s product function. This involves a particular focus on the group insurance products, through regular product reporting and monitoring. The role will be required to help understand business needs, gather technical product requirements, and engage with internal subject matter experts to assist with the delivery of product initiatives while ensuring that product governance processes are followed, and member outcomes are considered.

Key focus areas include:

Product Custodian

  • Working with internal and external stakeholders to ensure new products, systems and processes are embedded in the business to be robustly managed going forward and in line with regulatory requirements.
  • Understanding competitive landscape through assessment of market data and monitoring of developments, and to use this knowledge to build and maintain a competitor database. 
  • Ongoing Board/Committee product reporting and monitoring on appropriateness of products and services, with a focus on continuous improvement of this reporting.

Product Review & Design

  • To embed and manage a robust process for product / service development which:
    • Focuses on member needs, competitive positioning, and cost effectiveness
    • Leverages internal and external knowledge and insights
    • Analyses anticipated demand, production and operating risks and costs, and return on investment
    • Achieves executive team approval via compelling needs-based business cases.
  • To enhance the product development road map.
  • With implementing approved products and services, including drafting specification documents.
  • With building business cases for stakeholder support.

Product Development

  • Working with internal and external stakeholders to ensure new products, systems and processes are embedded in the business to be and robustly managed going forward and in line with regulatory requirements.
  • Understanding competitive landscape through assessment of market data and monitoring of developments, and to use this knowledge to build and maintain a competitor database 

You have:

  • Minimum 5 years’ experience in superannuation or insurance sectors, ideally with specific experience in Group insurance product management and development.
  • RG146 compliant.
  • Demonstrated experience in analysis and creative problem solving.
  • Proven communication skills, with both experience in delivering verbal presentations and written reports.
  • Strong interpersonal skills with the ability to build rapport at all levels, both internally and externally.
  • Excellent attention to detail.
  • Good organisational stakeholder management capabilities.
  • Current and sound knowledge of the superannuation industry, regulatory and legislative frameworks.

Desirable:

  • Exposure to product management/development in all aspects of product in the superannuation environment (investments, super, pension and insurance) and be able to add value to existing business processes.
  • Experience in the management and analysis of large data sets, using appropriate technology platforms.

We are a super fund that has an exceptional work culture, provides a diverse offering in developing our people and offer many benefits including leave outside of the legislative requirements and you can be a part of it while earning an attractive remuneration package!

Interested and suitably qualified candidates should submit a copy of their updated CV via the ‘Quick Apply’ button above. We are reviewing applications as we receive them, so apply today to ensure you don't miss out on this fantastic opportunity!

Please note that to be eligible for this role, you are required to have permanent Australian working rights and residency.

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