Director

  • 37909
  • Life - Investments
  • |
  • Ontario, Canada
  • |
  • Aug 6, 2020
Insurance
RESPONSIBILITIES
  • Direct management of all facets of the existing investment product portfolio including product features, delivery, processes, performance, pricing, applicability to market, and profitability.
  • Oversee an ongoing assessment of changing consumer and distributor patterns, motivators and needs.
  • Research, analyze, and understand the competitive landscape, regulatory environment, and market price competitiveness to proactively identify threats and recommend required changes to the investment product portfolio.
  • Lead the product development process for new product ideas and product changes in coordination with actuarial and sales teams.
  • Develop and present product proposals and cost benefit business cases to Retail Senior Management with a focus on market demand, competitive landscape, asset gathering potential, and profitability.
  • Lead cross functional Work Teams to launch new products or product changes through the entire implementation lifecycle beginning with project initiation and planning through operational execution and ongoing in market monitoring.
  • Support the development and implementation of digital tools and strategies for investment products in partnership with key internal stakeholders.
  • Engage with distribution partners and Company sales teams to obtain customer and advisor insights to support and communicate product offerings and sales concepts.
  • Collaborate on the development of the strategic marketing plan for the introduction of new and changed products, sales processes and offerings.
  • Work to develop the core positioning and messaging for all investment products.
  • Foster a market driven environment ensuring company is positioned to grow market share and deliver value.
  • Participate in the development of the annual budget and manage expenses to budget.
  • Coach and mentor team members; identify employee training and development needs; participate in the hiring and employment processes for team members; set employee goals and objectives; manage employee performance.
QUALIFICATIONS
  • Completion of a University Degree in Business, Finance, or Math.
  • FSA, CFA or CIM beneficial.
  • 8+ years’ work experience in an investment product development or management capacity.
  • Strong understanding of the customer and distribution partner sales process for investment products.
  • Knowledge of investment product implementation processes.
  • Solid experience engaging and working within diverse regulatory frameworks.
  • Experience building and leading high performing teams.
  • Ability to plan strategically with collaboration from a variety of stakeholders.
  • Ability to conduct research, ask questions, investigate, analyze and formulate recommendations on investment topics and fund mandates.
  • Well-developed team building, coaching and/or mentoring skills.
  • High degree of diplomacy.
  • Well-developed communication, negotiation, persuasion and presentation skills.
  • Well-developed organizational skills.
  • Well-developed analytical, evaluation, decision-making, problem resolution and system integration skills.