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Digital Product Manager

Employer
Arch Capital Group Ltd.
Location
Minnesota
Salary
Competitive

View more

Industry
Technology
Role
Manager
Job Type
Long-Term
Hours
Full Time

he Arch Insurance Digital Product Management team has responsibility for solving human and business problems with new technology. This role drives the product strategy, product roadmap development, and market delivery/operation of the product offering in assigned business segment. The Digital Product Manager will work closely with business peers and digital product management team members to effectively execute against digital initiatives including Partner Products, web/mobile channel, and Enterprise Technologies. The incumbent will be an experienced dynamic, multidimensional digital professional who is strategic, technology savvy, and skilled in both product strategy and operational efficiencies.

Job Responsibilities

Lead the product vision and strategic development process for assigned business segment to include product roadmap development and periodic review processes
Perform market research, market validation and whitespace analysis to identify new opportunities for existing and new features and functionality
Foster close relationships with key market constituents to validate product strategy and roadmap
Deeply understand the business case for proposed products and initiatives in assigned business segment, including cost/benefit estimates, market trends, competitive and risk analysis, industry best practices and product development timelines.
Prepare business case (financial/ROI) analysis to quantify & determine the value to the company of a current or potentially new system/application
Plan, prioritize, and manage the product features and requirements from conceptual stages through product life cycles to optimize revenue and meet operational, financial and corporate objectives in assigned business segment demonstrating strong understanding of the business segment needs.
Collaborate with the engineering and project management teams to ensure consistent execution of product plans following established software development methodology and processes that result in product delivery on time and in budget. Partner with business and technical teams to plan and prioritize system release and specific release content
Engage business partners to develop and execute action plans to address gaps
May mentor other Product Managers to accomplish results; provide training
Engage with customers through interviews, small group sessions, and broader market research; gather and understand their pain points, needs, and aspiration
Direct the creation of compelling, creative demos and presentations that win customers, business stakeholders and product teams in order to effectively position the product incremental delivery & innovation

Knowledge & Skills:

Have 5-7 years of experience in insurance or finance industry for similar role- software product manager
Have extensive experience operating in an Agile Scrum environment to deliver high quality products rapidly
Feel a strong passion for technology and a strong aptitude for business strategy
Broad understanding of usability and user experience best practices
Broad experience synthesizing qualitative and quantitative data to drive decisions for building best in class digital products
Broad experience delivering enterprise class software products for a national multi-cultural audience
Strong understanding of product lifecycle development
Broad experience defining digital content experiences (experience with insurance products helpful)
Strong ability to evaluate, analyze and interpret the voice of the customer through a variety of data sources
Ability to be both strategic and tactical in day to day interactions
Demonstrated knowledge of digital channels and platforms (eg, web, mobile, client PC, partner products, social, video)
Strong understanding of technologies utilized in the industry and the ability to see their impact
Strong diplomatic and consensus building skills
Strong ability to convey technical concepts in a clear, understandable way
Strong ability to overcome internal barriers and negotiate resource constraints to produce successful digital initiatives
Strong communication and presentation skills.
Relevant experience working with 3rd party vendors to deliver results
Strong ability to establish credibility, influence and effective working relationships with peers and stakeholders.
Strong ability to interact and partner at all levels across the organization
Ability to make decisions in a fast-paced, deadline-driven and rapidly changing environment.

Education & Experience:

Required knowledge & skills would typically be acquired through a Bachelor's Degree in business, computer science or related field (or equivalent in experience) with 7 to 10 years or related experience.

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