What are the responsibilities and job description for the AVP, Product Development position at LIMRA AND LOMA?
For more than a century, LIMRA and LOMA have served as the largest trade association supporting the insurance and related financial services industry. Today, we’re working with over 700 member companies around the world to help them understand industry trends, inform their strategies, develop their talent, and create solutions that advance the industry. Companies come to us because no other organization is in a better position to help them understand their customers, markets, distribution channels, and competitors. Leading life insurance and financial services organizations around the world rely on their membership for one simple reason – they can make bottom-line decisions with greater confidence.
As an employer, we believe that greatness is built from the inside out. It is created by individuals who share common goals, and who support and rely on one another to achieve them. Our core values (Integrity, Customer Focus, Adaptability, Respect and Excellence) guide us in how we treat, respond to and interact with our customers, and one another. We do our best to support our employees in making the most of their lives both inside and outside of work.
AVP, Product Development
Location: preferred location Windsor, CT Atlanta, GA, open to remote
About Us: Join our dynamic team at Industry Solutions, where innovation meets excellence. We are dedicated to creating cutting-edge solutions that drive growth and competitiveness in the financial services and insurance industry.
Role Overview: As the AVP of Product Development, you will spearhead the development of innovative products that meet the evolving needs of our members. Your role will be pivotal in driving our company's growth, long-term objectives, and financial goals.
Key Responsibilities:
- Innovate: Monitor insurance and financial services market trends; identify opportunities for new products and markets.
- Leverage data to spark creativity and drive innovation and execution of a go-to-market strategy
- Collaborate: Lead cross-functional teams, comprised of both internal and external stakeholders, to design and implement innovative solutions.
- Process Improvement: Deploy product development methodologies to ensure effective innovation and collaboration processes, ensuring growth objectives are met. This involves:
- Capturing, prioritizing, and evaluating the feasibility of ideas.
- Developing business cases.
- Designing solutions and enhancing membership experiences.
- Overseeing the implementation of new solutions, including market release, financial planning, and multi-year roadmap
- Lead: Mentor and develop a high-performing team, fostering a culture of innovation and excellence.
- Provide transformational leadership to team members and peers on product development and project management disciplines, leveraging influence to promote effective change management and facilitate the adoption of changes throughout the organization.
Qualifications:
- 7 years of product development experience
- 10 years in the financial services and/or insurance industry
- Bachelor's degree or equivalent experience
- Strong communication, collaboration, and leadership skills
- Proven ability to influence decisions and drive change
Why Join Us?
- Be part of a forward-thinking company that values innovation and growth.
- Work in a collaborative environment with opportunities for professional development.
- Make a significant impact on the industry and our members.
Apply Now: If you're passionate about product development and ready to take your career to the next level, we'd love to hear from you!.
We are an Equal Opportunity employer and do not discriminate on the basis of race, ancestry, color, religion, sex, age, marital status, sexual orientation, national origin, medical condition, disability, veteran status, or any other basis protected by law.
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