Product Manager

About Us

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Product and Propositioning Marketing

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life. Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.

We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.

Transamerica is organized into three distinct businesses. These include
1) World Financial Group, including Transamerica Financial Advisors,
2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and
3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.

Transamerica employs nearly 7,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.
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Drives long-term strategy by researching and designing life products for individual and group markets, from inception to launch. Manages existing product portfolios to ensure profitable sales.

• 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.
• Monitor agent performance and compliance with company policies and industry regulations.
• Analyze and report on agent interactions to identify trends and areas for improvement.
• Conduct training sessions and provide feedback to agents to enhance their skills and effectiveness.
• Collaborate with management to implement strategies that improve agent performance and customer service.
• Maintain accurate records and documentation of monitoring activities and findings.

• Bachelor’s degree in a business related field or equivalent experience.
• Two years of product…