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Senior Manager, Product Development Life & Living Benefits

RBC

Mississauga, Ontario, CanadaOn Site

Original Job Summary

Overview

The Senior Manager, Product Development Life & Living Benefits at RBC is responsible for driving product innovation and strategy in the Life and Living Benefits insurance space. You will work closely with the Individual Product Development team to identify opportunities for new revenue, improved profitability, operational efficiency, and enhanced client retention.

Responsibilities

  • Lead product development activities as a subject matter expert in Life and Living Benefits Insurance solutions.
  • Utilize data and insights to identify product innovations and improvements.
  • Develop and present compelling business cases to support new initiatives.
  • Collaborate with internal teams and external partners on underwriting, pricing, and operations issues.

Requirements

  • 8 to 10 years of experience in Life and Living Benefits insurance product management.
  • Proven ability to leverage data to drive insights and recommendations.
  • Strong skills in developing business cases and presentations.
  • Excellent interpersonal, organizational, and teamwork abilities.
  • Proficiency in the MS Office suite.

Benefits & Culture

RBC offers a Total Rewards program including flexible benefits, work/life balance options, career development programs, competitive pay, and extensive support tools and training. The organization values diversity, collaboration, and putting clients first while fostering an inclusive environment that encourages growth and innovation.

Key skills/competency

  • Product Development
  • Insurance
  • Business Case
  • Data Analysis
  • Collaboration
  • Innovation
  • Teamwork
  • Client Retention
  • MS Office
  • Underwriting

How to Get Hired at RBC

🎯 Tips for Getting Hired

  • Research RBC culture: Explore mission, values, and recent initiatives.
  • Customize your resume: Highlight relevant product management experience.
  • Showcase data expertise: Emphasize analytical skills in achievements.
  • Prepare for behavioral questions: Reflect on teamwork and leadership examples.

📝 Interview Preparation Advice

Technical Preparation

Review insurance product development frameworks.
Update MS Office proficiency and data analysis tools.
Study recent market trends in Life Benefits.
Familiarize with regulatory standards and pricing models.

Behavioral Questions

Describe a challenge in product management.
Explain teamwork in a high-pressure environment.
Discuss conflict resolution with stakeholders.
Share a success story with data-driven insights.