Product Manager, Permanent Life Products
$67k - $110k par annéeRoyal Bank of Canada
Job Description
What is the opportunity?
Our product management team is looking for passionate individual to manage RBC Insurance's Participating Whole Life (PWL) line of business. This includes ongoing maintenance as well as enhancements to existing products ensuring effective management of the product through its life cycle. The role acts as a subject matter expert for all PWL product information, supports the attainment of our strategic objectives, and greatly influences the brand reputation for RBC Life Insurance Company.
What will you do?
Manage day to day product management activities, including but not limited to addressing advisors’ inquiries
Collaborate with the individual product development team and product enablement team to ensure this product line meets performance expectations.
Understanding key drivers of financials for this line of business
Monitoring performance against KPIs and partner with stakeholders to address trends or issues
Conduct performance analysis on a needed basis to identify opportunities for improvement and efficiency
Accountable for product related reporting and risk assessment to ensure compliance with legal, regulatory and compliance requirements
Collaborate with cross functional partners - including product development, product enablement, pricing, sales, marketing, operations, IT and digital to implement enhancements and resolve product issues.
Maintain an awareness of the competitive and industry landscape. Monitor the regulatory environment to determine business risks and impacts. Recommend and implement policy and process changes as required.
Maintain all related internal and external product materials such as, but not limited to product specs, contract wording and marketing materials.
What you need to succeed?
3 to 5 years of experience in life insurance produce management, preferably with Participating Whole Life products
Solid understanding how life insurance products work
Detail oriented with problem solving and analytical skills.
Proven ability working with reports, monitoring KPI and proposing action plans
Strong interpersonal and organizational skills while fostering teamwork
Ability to work independently in a fast-paced, dynamic environment while effectively managing multiple priorities
Strong collaboration and influencing skills
Proficiency in MS Office suite of software
What's in it for you?
A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans
Competitive pay and high-earning potential
All the tools, training, and team support you need to grow your career
Flexible work/life balance options
RBCI software tools to boost your productivity
RBC is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Job Skills
Communication, Critical Thinking, Curious Mindset, Detail-Oriented, Group Problem Solving, Growth Mindset, Insurance Industry, Knowledge Organization, Leadership, Life Insurance, Prioritization, Product Development Lifecycle, Self-Starter, Teamwork, Working IndependentlyAdditional Job Details
Address:
MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGACity:
MississaugaCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
INSURANCEJob Type:
RegularPay Type:
SalariedPosted Date:
2026-01-28Application Deadline:
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.
Pay Range
The expected pay range for this position is:
$67,000.00 - $110,000.00The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.
You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging, and opportunity for all.
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