Product Manager II at Northwestern Mutual
Franklin, WI
About the Job
At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.
Northwestern Mutual (NM) has been helping families and businesses achieve financial security for over 165+ years. Through a distinctive, whole-picture planning approach including both insurance and investments, we empower people to be financially confident. We’re redefining and disrupting the industry while changing people’s financial lives with better experiences and better technology. We believe in building inclusive and diverse workplaces where every voice is heard. Come help us build for the future!
Join our Risk Product team and play a vital role in advancing our service capabilities within the Group Life and DI Administration space. In this role, you will build the tools and experiences that empower advisors and help clients achieve their dreams. We are seeking a highly motivated and skilled Product Manager to help define and execute a service strategy aimed at transforming the servicing experience for our Home Office, Advisors, Clients, and Third-Party Administrators. You will work across a talented team of engineers, designers, business analysts, other product managers and business partners to discover, build, and launch features that enable clients to achieve financial security.
Primary Duties & Responsibilities:
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Set Product Vision: Co-create with a Senior Product Manager, the foundational vision of the product and define what it aims to solve. Position the product vision to key stakeholders across the organization. Define and track Key Performance Indicators (KPIs) to measure success.
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Business Expertise: Partner with business and product management teams to gain an understanding of the business area/domain. Continuously expand knowledge across the enterprise to ensure a holistic understanding of business needs.
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Develop Roadmap: Responsible for ingesting new items on the roadmap per documented prioritization framework(s). Define and track KPIs to measure the success of roadmap initiatives.
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Gather Requirements: Understand the problem state and unmet needs of the client. Lead and participate in cross-functional meetings to clarify key requirements, ensuring quality, value, and feature integrity. Review and validate requirements captured within the team.
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Stakeholders: Articulate the product and feature stories to a broader audience. Strengthen relationships with business partners and knowledge share as needed.
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Design Partnership: Partner with our Senior Product Manager and design to ensure cohesive future state user visions and experiences are aligned.
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Author User Stories: Translate requirements to technical details to build and validate use cases and user stories around a product. Communicate effectively with technical teams to ensure clarity and alignment.
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Feature Prioritization: Develop and maintain a prioritized backlog of user stories for implementation according to business value or Return on Investment (ROI).
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Facilitate Ceremonies: Participate in and sometimes facilitate daily Scrums, Sprint Planning Meetings and Sprint Reviews and Retrospectives.
Qualifications:
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Bachelor's degree.
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1-3 Years of prior experience with at least 1 working in a Product Management role.
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Knowledge Preferred: formal business analyst, engineering or testing experience, knowledge of the financial services industry, familiar with BI tools, previous research experience, familiar with Agile and Scrum framework.
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Must have demonstrated some cross functional work in previous experience.
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Strong communication skills, strong time management, project management skills, business acumen, and high self-awareness and EQ.
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Proven experience translating product requirements into technical requirements and work through ambiguity.
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Problem solves in straightforward situations; analyze possible solutions using technical experience and judgment based on the analysis of multiple sources of information.
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Ability to work in a highly matrixed organization.
Benefits:
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Tuition reimbursement, commuter plans, and paid time off
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Highly competitive compensation that include base salary plus bonus
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Medical/Dental/Vision plans, 401(k), pension program
#LI-Hybrid
Compensation Range:
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Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location. Please c lick here for additional information relating to location-based pay structures.
Grow your career with a best-in-class company that puts our client’s interests at the center of all we do. Get started now!
We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.
If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits.
FIND YOUR FUTURE
We’re excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion.
- Flexible work schedules
- Concierge service
- Comprehensive benefits
- Employee resource groups