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Associate Product Manager - job 1 of 2

The Associate Product Manager is responsible for supporting the life insurance product development initiatives and encouraging positive relationships with other functional areas within US Insurance, including Distribution, IS, Operations, Marketing, Finance and Underwriting. The Associate Product Manager will manage our life insurance product portfolio and support all new product initiatives to drive new business growth and assist management of the current product portfolio to keep it competitive. 

Position Responsibilities:

  • Product Development: Support product managers on product development initiatives to ensure that projects are implemented according to plan and that any issues are resolved promptly and effectively. This would include bank and wirehouse product submissions, user acceptance testing and learning the Product Development process.

  • Product Management: Responsible for presentation updates and supporting materials for product presentations.

  • VUL Funds: Assist with semi-annual fund updates and special projects related to the John Hancock Variable Insurance Trust.

  • Distribution Support: Assist Distribution with general product questions relating to John Hancock’s retail life insurance products and Variable funds.

  • Product R&D: Support new product research and development efforts.

Required Qualifications:

  • Bachelor’s degree or equivalent experience will be preferred

  • 4+ years of product experience in the insurance sector, supporting life insurance product portfolios.

  • Should have product experience and has tackled responsibility of managing one or more specific product lines.

  • ​Knowledge of the life insurance brokerage marketplace

  • Technical understanding of insurance products

Preferred Qualifications:

  • Ability to appropriately prioritize tasks and meet tight deadlines

  • Ability to analyze large amounts of data and synthesize the essential information for both senior management and distribution team members.

  • Excellent communication (particularly written) and interpersonal skills to deal with both technical and non-technical audiences and customers.

  • Strong Microsoft PowerPoint and Excel skills

  • Strategic individual who tackles challenges

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.

#LI-Hybrid

#LI-JH

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com.

Primary Location

Boston, Massachusetts

Working Arrangement

Hybrid

Salary range is expected to be between

$71,550.00 USD - $119,250.00 USD

If you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife/John Hancock 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/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.

Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify I Pay Transparency

Company: John Hancock Life Insurance Company (U.S.A.)

Average salary estimate

$95400 / YEARLY (est.)
min
max
$71550K
$119250K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Associate Product Manager, Manulife

If you're looking to kickstart your career in product management, the Associate Product Manager role at John Hancock Life Insurance Company in Boston, Massachusetts might be your perfect match! In this exciting position, you’ll be at the heart of life insurance product development initiatives, collaborating with various teams like Distribution, IS, Operations, Marketing, Finance, and Underwriting. You’ll help steer the management of our life insurance product portfolio, ensuring we stay competitive while also driving new business growth. Your day-to-day will include supporting product managers on exciting development projects, tackling product management tasks like presentation updates, and assisting with semi-annual fund updates for our Variable Insurance Trust. You’ll also be helping the Distribution team handle inquiries about our retail life insurance products. If you have a knack for analyzing data and synthesizing complex information, we want you on our team! At John Hancock, we value your growth, promoting a flexible and inclusive environment that fosters both personal and professional development. Join us, and be part of a company that embraces diversity and commits to shaping a better future for our customers and communities.

Frequently Asked Questions (FAQs) for Associate Product Manager Role at Manulife
What are the responsibilities of an Associate Product Manager at John Hancock Life Insurance Company?

An Associate Product Manager at John Hancock Life Insurance Company is crucial in supporting life insurance product development initiatives. Their responsibilities include assisting product managers with project implementation, handling product management activities, managing fund updates, and providing support to the Distribution team on product-related inquiries.

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What qualifications do I need to apply for the Associate Product Manager role at John Hancock?

To apply for the Associate Product Manager role at John Hancock, candidates should ideally possess a Bachelor’s degree or equivalent experience. A minimum of 4 years of product experience in the insurance sector, specifically with life insurance portfolios, is preferred. Familiarity with the life insurance brokerage marketplace and strong analytical skills are also essential.

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What skills are essential for the Associate Product Manager position at John Hancock Life Insurance?

Successful candidates for the Associate Product Manager position at John Hancock should have excellent communication skills for interacting with diverse audiences, expertise in Microsoft PowerPoint and Excel, as well as strong analytical abilities to interpret large amounts of data effectively.

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How does John Hancock support the professional growth of Associate Product Managers?

At John Hancock, support for professional growth is embedded in the company’s culture. Associate Product Managers are empowered to learn through various resources and training programs. The company emphasizes a flexible environment that prioritizes well-being and inclusion, fostering personal and career development.

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What is the working arrangement for the Associate Product Manager position at John Hancock?

The Associate Product Manager role at John Hancock offers a hybrid working arrangement, providing an excellent balance between in-office collaboration and the flexibility to work remotely, which aligns with the company's commitment to employee wellness.

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Common Interview Questions for Associate Product Manager
Can you describe your experience managing product lines in your previous roles?

When answering this question, emphasize specific product lines you have managed, the strategies you implemented to enhance their performance, and any measurable outcomes. Highlight your ability to prioritize tasks and collaborate with cross-functional teams, which are essential in the Associate Product Manager role at John Hancock.

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How do you approach product development initiatives?

Discuss your methodology for product development, including market analysis, customer feedback gathering, and collaboration with key stakeholders. Make sure to highlight any frameworks or tools you use to ensure a structured approach, which is critical for success as an Associate Product Manager.

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What strategies do you employ to handle multiple projects simultaneously?

Explain your time management techniques, such as prioritization and using project management tools. Convey how you prioritize tasks based on their impact on business goals, which is key for an Associate Product Manager at John Hancock.

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What do you consider the most critical skills for an Associate Product Manager?

Talk about essential skills such as analytical thinking, effective communication, and teamwork. Provide examples of how these skills have contributed to your previous successes, particularly in product management contexts.

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How do you ensure effective communication with both technical and non-technical stakeholders?

Discuss your approach to tailoring communication styles to different audiences. Offer examples of past experiences where you effectively conveyed complex information to various stakeholders to ensure alignment and clarity.

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Can you give an example of how you've used data to support product decisions?

Be prepared to share specific instances where data analysis led you to make informed product decisions. Highlight your familiarity with data analytics tools and how these insights directly influenced the success of a product.

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What methods do you use to gather insights on customer needs and preferences?

Talk about your experience with customer interviews, surveys, or feedback analysis. Emphasize how you translate customer insights into actionable product improvements, illustrating your customer-centric approach as an Associate Product Manager.

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How do you handle tight deadlines in a fast-paced environment?

Provide examples of stressful situations where you successfully met tight deadlines. Outline your strategies for remaining organized and focused, and stress the importance of collaboration during such times, particularly in relevant product management scenarios.

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How do you approach competitor analysis in the life insurance marketplace?

Discuss your frameworks for conducting competitor analysis and how you leverage this information to enhance product positioning. Include examples of when this analysis influenced a successful product strategy in previous roles.

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Why do you want to work at John Hancock as an Associate Product Manager?

Articulate your admiration for John Hancock's commitment to diversity and inclusion, as well as its focus on helping customers. Express your enthusiasm for contributing to a team that positively impacts people's lives through innovative product management.

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DATE POSTED
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