Product Strategy Manager
The life insurance industry is in the midst of dramatic change. Rising consumer expectations, new direct to consumer offers, and evolving digital capabilities require new levels of speed, investment and innovation.
In 2013, MassMutual saw the opportunity to address these challenges and began a multi-year initiative to invest in data science and technology with the goal of developing a better risk scoring solution for the life insurance industry. By combining robust data with machine learning, a new model has been established that has yielded measurable business results, presenting the potential for a standard scoring approach that can help the entire industry.
POSITION SUMMARY
As the Product Strategy Consultant at LifeScore Labs, you will play a vital role in shaping the product roadmap through a deep understanding of market opportunity and customer need.
Reporting to the Head of Product & Marketing, you will lead the strategic work and analysis that will help guide LifeScore’s product development efforts.
You will rely on internal and external data to develop a deep understanding of our business, market and customer to help LifeScore identify and prioritize new market opportunities, position and launch new products, and gain valuable insights from customers that drive improvement.
Responsibilities:
- Develop a deep understanding of the customer problem, through quantitative and qualitative analysis
- Clearly define the target customers, users and problems LifeScore solutions are solving for
- Influence product decisions including priority, price, positioning based on fact-based analysis and findings
- Perform competitive landscape analysis and other forms of market research
- Work closely with sales and customer success teams to gain input from potential customers, conducting discovery interviews and performing any necessary customer research
- Strategically evaluate new market opportunities and our current position
- Partner with cross-functional teams in product, data science, sales, engineering to surface opportunities and threats, outline data-driven strategic decisions and present actionable recommendations
Minimum Qualifications:
- 5+ years in product management, engineer-related roles, early stage tech/data product companies
- Familiarity with life insurance, risk products and/or data solutions preferred
- Strong analytical skills with an orientation toward metrics
- Experience with qualitative research, interviewing, financial modeling and market analysis
- Experience presenting findings, building decks with the ability to gain buy-in through effective communication
- Collaborative, team-player with strong communications skills
- Comfortable working in a fast-paced and dynamic environment
- Must be legally authorized to work in the United States
- B.A. or B.S. or (Master’s degree a plus)