Transamerica · 2 days ago
Product Manager (Employee Benefits)
Transamerica is a financial services company dedicated to helping people live their best lives. The Product Manager will drive long-term strategy by researching and designing life and health insurance products for individual and group markets, managing existing product portfolios to ensure profitable sales.
Financial ServicesImpact InvestingInsurance
Responsibilities
Analyze market trends and competitive landscape to discern product opportunities and translate market conditions into valid value positions
Research potential market opportunities; build the business case for product innovations by gathering distribution and consumer feedback, reviewing industry sales trends, and understanding demographic shifts/consumer preferences
Make recommendations to the product leader and team on product features, competitiveness, profitability, sales goals and launch date
Conduct feasibility studies, research and development, and participate in labs to evaluate ideas. Collaborate with sales and margin analytics team and other business groups to conduct hypothesis testing and opportunity sizing; develop capabilities based assessments (CBA) and execution approach
Partner with distributors, Marketing, Finance, IT and other key stakeholders to recommend product features, competitiveness, profitability, sales goals and launch dates
Negotiate needs and bring consensus/closure to issues, and facilitate decisions on new business portfolio issues
Develop product specification documents, product guides and other product documentation
Serve as a subject matter expert to functional areas on product information required during the product development process
Qualification
Required
Bachelor's degree in a business related field or equivalent experience
Two years of product development experience in the life or health insurance industry
Understanding of insurance product features and riders
Understanding of insurance sales and marketing techniques
Analytical skills and attention to detail to perform market analysis, customer research, opportunity sizing, profitability assessments, and risk/legal/compliance assessments
Communication and interpersonal skills to educate audience and advocate recommendations with team members and stakeholders at all levels of the organization
Decision making skills to create scope and content for consumer market research, and use insights to develop product design and features
Strategic thinker and facilitation skills
Advanced proficiency in MS Office (Excel, PowerPoint, Word)
Benefits
Competitive Pay
Bonus for Eligible Employees
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
College Coach Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs
Company
Transamerica
Transamerica is a private holding company that provides services for various life insurance companies and investment firms. It is a sub-organization of Aegon.
H1B Sponsorship
Transamerica has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (39)
2024 (33)
2023 (25)
2022 (52)
2021 (42)
2020 (46)
Funding
Current Stage
Late StageTotal Funding
unknown1999-02-19Acquired
Recent News
2025-12-21
Company data provided by crunchbase