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Senior Product Manager

Company Description

  • Collaborative team culture
  • Work with experts in their field
  • Committed to a healthy work culture

Welcome to This Australian Life.  

From the millions of Australians we protect, to those that make it happen every day at TAL, people really are what we’re all about. We want to grow with you. Achieve with you. And support you to do your best work. That's why we're focused on developing leadership, promoting diversity, rewarding excellence, and retaining great talent. 

We're always looking for people who want to go further with us. People who do what’s right, aim high, and work smart.  Why not see where we can go? 

Job Description

We have a permanent opportunity available as a Senior Product Manager to join our Group Life and Retirement business unit. Reporting to the Head of Product and Pricing, you will partner with various stakeholders to deliver innovative and contemporary product and client solutions to our customers.

In this role you will:  

  • Ensure product management plans/strategies are in place for a product portfolio to ensure profitability
  • Define, develop and maintain up-to-date product documentation for Group Life and Group Salary Continuance including for tenders, proposals, policy documents, service level agreements and other required disclosure material
  • Understand and negotiate complex contracts independently, complete drafting, and manage appropriate signoff and execution
  • Know and track client portfolio rankings based on available research databases and be an expert with respect to client competitors
  • Implement Product enhancement/upgrade/changes on a regular basis
  • Be responsible for legislation/regulatory compliance of your portfolio
  • Manage change and influence others to ensure compliance
  • Run product workshops/training for internal and external stakeholders
  • Identify new market opportunities or potential concerns
  • Represent Product on internal projects/forums
  • Create marketing/technical material

Qualifications

  • Tertiary qualification in finance, commerce, business or related discipline
  • Strong technical knowledge of life insurance products, with experience in interpreting, reviewing and devising detailed terms and conditions plus an understanding of pricing methodologies
  • Outstanding analytical skills and methodologies
  • Excellent time management, organisational, and presentation skills
  • Knowledge of compliance and other legislative requirements
  • Skilled at writing technical documentation with in-depth knowledge of MS Office suite
  • Strong client relationship, negotiation, and influencing skills
  • Knowledge of project management theory, desired

You’re always accountable for your actions. You never give up. You strive to find the best outcomes for customers and partners. And you value working together to find the best solutions for problems.  

As part of the recruitment process, there are a number of checks which may be conducted to demonstrate your eligibility for a role at TAL including Criminal History, Bankruptcy, Entitlement to Work, Regulatory and Reference Checks. 

Additional Information

At TAL we value diversity in all its forms and are committed to fostering an inclusive and equitable culture for all our people. We encourage Aboriginal and Torres Strait Islander people, individuals from all backgrounds, including those with caring responsibilities, people living with disability, and individuals from the CALD and LGBTQI+ communities to apply. Even if you don’t check every box in the criteria above, we encourage you to apply today or get in touch with us here.  

To provide you with the best experience, we can accommodate you at any stage of the recruitment process. Simply inform our Recruitment team at any time.  

TAL is recognised by the Workplace Gender Equality Agency as an Employer of Choice.  We are proud to be a member of Diversity Council Australia and the Australian Network on Disability. For information on our reconciliation journey, please read our Innovate Reconciliation Action Plan.  

We acknowledge the Traditional Custodians of the Land in which our Head Office is based, the land of the Gadigal people of the Eora Nation, and recognise their deep connections to the land, sea, and culture.  
We extend this acknowledgment to the many Traditional Lands that we operate across and pay our respects to Elders past, present, and emerging. 

#LI-Hybrid 

Everyone at TAL has a responsibility to do the right thing and is accountable for the way they conduct themselves. Our expectations are that you follow the principles set out in our Code of Conduct when you come to work every day. Risk management is everyone’s responsibility.

If you are already a TAL employee please apply via the SmartRecruiters button in Workday and navigate to the Employee Portal. This is important to ensure that your application is recorded accurately.

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What You Should Know About Senior Product Manager, TAL

Welcome to TAL, where we cherish a collaborative team culture and prioritize the well-being of our employees! As a Senior Product Manager in our Group Life and Retirement business unit, you will play an integral role in shaping innovative and effective product solutions for our clients. Situated at 363 George Street, Sydney, this permanent opportunity allows you to partner with various stakeholders to define and deliver product management plans. You'll be responsible for ensuring the profitability of product portfolios while keeping documentation and compliance in check. Utilizing your strong technical knowledge of life insurance products, you'll conduct thorough analyses, manage contracts, and track client portfolio rankings. You will also have the chance to facilitate workshops and influence others within the organization, presenting fresh ideas and identifying new market opportunities. If you're passionate about delivering exceptional outcomes for our customers and excel in a dynamic environment, we invite you to join our diverse team at TAL. Here, your accountability, perseverance, and collaborative spirit will propel us all forward towards success. Let's grow together!

Frequently Asked Questions (FAQs) for Senior Product Manager Role at TAL
What are the key responsibilities of a Senior Product Manager at TAL?

As a Senior Product Manager at TAL, you will ensure product management strategies are in place for profitability while maintaining contemporary product documentation. You will manage and negotiate complex contracts, implement product upgrades, and ensure compliance with legislations. Additionally, you'll conduct workshops and training, manage stakeholder relationships, and represent the product on internal forums.

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What qualifications do I need to become a Senior Product Manager at TAL?

To be considered for the Senior Product Manager position at TAL, a tertiary qualification in finance, commerce, business, or a related discipline is required. You'll also need strong technical knowledge of life insurance products, exceptional analytical skills, and proficiency in MS Office for crafting detailed documentation.

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What skills are essential for a Senior Product Manager role at TAL?

Essential skills for becoming a Senior Product Manager at TAL include outstanding analytical abilities, time management, organizational and presentation skills, as well as strong client relationship and negotiation skills. Knowledge of project management theory and familiarity with compliance and legislative requirements are also important.

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How does TAL support diversity and inclusion for Senior Product Managers?

TAL actively fosters an inclusive culture, encouraging applicants from diverse backgrounds, including Aboriginal and Torres Strait Islander peoples, individuals with disabilities, and members of CALD and LGBTQI+ communities. We believe that a diverse workforce enhances innovation and contributes to better outcomes for our clients.

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What can I expect from the work culture as a Senior Product Manager at TAL?

At TAL, you can expect a collaborative and supportive work culture that values positive work relationships. We focus on developing leaders, promoting diversity, and rewarding excellence while ensuring your contributions are recognized and valued.

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Common Interview Questions for Senior Product Manager
Can you explain your experience with product management strategies?

When responding to this question, emphasize your experience in developing product management strategies, detailing specific results you achieved. Provide examples of how you have ensured profitability and maintained documentation, highlighting your analytical skills in assessing market trends.

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How do you handle complex contract negotiations?

In your answer, illustrate your approach to negotiating complex contracts by explaining the research and preparation steps you take. Include an example of a successful negotiation you’ve conducted, illustrating how your negotiation skills led to favorable outcomes for all parties.

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What approaches do you take to maintain compliance and mitigate risks?

Discuss your understanding of regulatory requirements and how you've implemented compliance measures in your previous roles. Share specific examples demonstrating your ability to manage risks while maintaining the integrity of the product portfolio.

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Describe a time you identified a new market opportunity.

Share a concrete example that outlines the market opportunity you identified, the actions you took to explore it, and the results achieved. Detail how your analytical skills and market research contributed to your decision-making process.

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What techniques do you use for managing stakeholder relationships?

Outline your strategies for engaging with stakeholders, focusing on communication and collaboration tactics. Provide examples showing how your relationship management skills have contributed to successful project outcomes.

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How do you prioritize tasks in a fast-paced environment?

When answering this, emphasize your time management skills and how you assess urgency and importance in your tasks. Share an example of how you effectively prioritized multiple responsibilities, leading to successful project completion.

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Can you share your experience in conducting workshops and training?

Highlight your experience in facilitating workshops and training sessions, describing the topics covered and the audience's responses. Emphasize your presentation skills and how you engage participants while ensuring knowledge retention.

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What metrics do you use to measure product success?

Discuss specific metrics you consider important for measuring product success, such as profitability, customer satisfaction, or market share. Relate these metrics to real-life scenarios in your past roles to provide context.

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How do you stay current with industry trends?

Share the steps you take to stay informed about industry trends, whether through networking, professional development, or industry publications. Emphasize how this knowledge informs your product management strategies.

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Why do you want to work at TAL as a Senior Product Manager?

Express your enthusiasm for TAL's culture, values, and commitment to diversity and inclusion. Describe how your professional goals align with TAL's mission and how you can contribute positively to the company.

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Every day our people work to help Australians live a life filled with choices, options and freedoms, no matter what happens. We believe deeply in the value of what we do and together with our partners, today we protect nearly 4 million Australian...

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DATE POSTED
March 11, 2025

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