Travelers - Providence, RI
posted about 2 months ago
As a Product Development Manager specializing in Competitive Intelligence at Travelers Insurance Company, you will play a pivotal role in shaping the future of our insurance products. This position is integral to achieving Travelers' financial objectives, including growth, profit, and retention, through the development, implementation, and monitoring of product strategies. You will manage competitive intelligence requests from various business partners and leadership, ensuring that materials are delivered in a timely manner. Your responsibilities will include conducting in-depth product reviews of top-tier competitors and sharing your findings with PI Product Leadership and other stakeholders. You will also be responsible for advancing the PI Competitive Intelligence vision and strategy, which may involve coaching and providing feedback to team members. In this role, you will develop, execute, and enhance product strategies and actions, including business scope and go-to-market strategies, utilizing agile methodologies to meet financial objectives. Collaboration will be key as you influence strategies and action plans with key stakeholders, ensuring consensus for your recommendations. You will lead detailed market, competitor, and consumer research analysis to identify opportunities for new products, markets, and services, or to enhance existing offerings. Your analytical skills will be crucial as you independently analyze data to drive recommendations for product enhancements, ensuring compliance with regulatory requirements. Additionally, you will design and implement system and process solutions that align with product strategies, actively collaborating with various stakeholders to test new products or markets. You will also be responsible for developing communication, training, and marketing materials to support new or enhanced products, delivering training to stakeholders as needed. Post-implementation, you will outline monitoring and measurement mechanisms for product strategies, presenting findings and recommendations to leadership. This role is dynamic and requires a proactive approach to problem-solving and innovation, making it an exciting opportunity for those looking to make a significant impact in the insurance industry.