At a Glance
- Tasks: Lead and innovate Canada Life's insurance products, enhancing client value and experience.
- Company: Join Canada Life, a trusted name improving Canadians' well-being.
- Benefits: Competitive salary, health benefits, education reimbursement, and community involvement support.
- Other info: Dynamic workplace with opportunities for mentorship and community connection.
- Why this job: Make a real impact in the insurance industry while growing your career.
- Qualifications: 7+ years in product management or related fields with strong analytical skills.
The predicted salary is between 63000 - 77000 £ per year.
Client Advisory Services (CAS) is Canada Life's advice and sales organization focused on building individual relationships with plan members and clients. Our Benefits & Insurance team helps bring that ambition to life by providing advice, guidance, and support across insurance and benefits solutions, helping Canadians navigate important health, coverage, and financial decisions. The team supports plan members and clients with optional and portable benefits, life conversions, and digital-direct insurance journeys. Through expert advice, advisor enablement and a focus on the client experience, we help Canadians make informed decisions while creating opportunities to strengthen long-term relationships with Canada Life.
Reporting to the AVP, Benefits & Insurance, the Manager, Insurance Products is responsible for the ownership, positioning, support, and ongoing evolution of Canada Life's Portable Benefits and Individual Health & Dental product offerings. This role acts as a key partner to sales, marketing, distribution, and product teams, helping ensure our products remain competitive, relevant, and easy for advisors and clients to understand.
What you will do:
- Serve as the product owner and subject matter expert for Canada Life’s Portable Benefits, Individual Health & Dental and optional products.
- Develop product strategies and maintain roadmaps that improve client value, competitiveness, and experience.
- Define product positioning and supporting value propositions.
- Lead product enhancements from idea through implementation in partnership with key stakeholders.
- Monitor market, regulatory and competitor developments to identify opportunities and risks.
- Analyze product performance and client feedback to identify opportunities.
- Partner with Workplace Benefits Health Products to ensure alignment across product strategy, enhancements, and member experience.
- Partner with Pricing and Performance Management to evaluate and implement product changes and enhancements.
- Ensure advisors and internal teams have the product knowledge, training and support required for success.
What you will bring:
- 7+ years in product management, product marketing, insurance and benefits distribution, consulting or a related role.
- Strong understanding of health, benefits or insurance products in the Canadian marketplace.
- Ability to develop product strategies, manage roadmaps, and support product enhancements.
- Strong analytical skills, with experience using customer, advisor, and business insights to identify opportunities.
- Ability to translate complex concepts into clear advisor and client value propositions.
- Proven ability to influence and lead cross-functional initiatives without direct authority.
- Experience in Individual Health & Dental, Group Benefits, or insurance products is considered an asset.
The base salary for this position is between $102,000 - $152,000 annually. This represents base salary only and does not represent other variable compensation components of our total compensation (i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.
What we offer:
- Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement.
- Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being.
- Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.
- Financial Security: Company-matching pension plan, share ownership program and additional investment options.
- Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
- Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.
We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Canada Life policies.
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.
Manager Insurance Products in London employer: Canada Life
Canada Life is an exceptional employer that prioritises the well-being and professional growth of its employees. With a strong commitment to career development, flexible health benefits, and a supportive work culture, employees are encouraged to thrive in their roles while contributing to the community. The bilingual Customer Service Representative role offers a structured environment where you can make a meaningful impact by assisting clients with empathy and professionalism.
StudySmarter Expert Advice🤫
We think this is how you could land Manager Insurance Products in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Canada Life). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Canada Life. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Manager Insurance Products in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Canada Life.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Canada Life. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Canada Life
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Canada Life to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Canada Life, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Canada Life's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
