Director, Product Owner

Posted:
10/31/2024, 5:00:00 PM

Location(s):
New Jersey, United States ⋅ Newark, New Jersey, United States ⋅ Washington, United States

Experience Level(s):
Senior

Field(s):
Product

Workplace Type:
On-site

Job Classification:

Technology - Project Mgmt/Business Analysis

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!

As the Director, Product Owner, you will be responsible for driving the product vision, strategy, and execution for our Group Insurance product lines. You will work closely with cross-functional teams to ensure the successful delivery and continuous improvement of product delivery. The ideal candidate will have a strong background in product management, excellent leadership skills, and a passion for creating innovative solutions that meet the needs of our customers.

The current employee work arrangement for this position is dependent on the business preferences and your location, potentially requiring your on-site presence on occasion at a Prudential office.

What you can expect:

  • Collaborate with the Chief Product Owner and business leaders to prioritize the product backlog in line with strategic objectives.

  • Define and execute the product strategy and roadmap, working with business functions, service teams, UX, and technology teams.

  • Build partnerships across departments to enhance the customer experience with Group Insurance products.

  • Act as the "bug shield" for your team, proactively identifying and resolving impediments to ensure smooth product development.

  • Make data-driven decisions to prioritize features and improvements, leveraging analytics and user feedback.

  • Lead cross-functional teams and manage stakeholders for successful product delivery.

  • Continuously refine the product backlog with the Agile team, ensuring clarity, estimates, and prioritization.

  • Gather and prioritize requirements from stakeholders in areas like Quote, Billing, and Claim, ensuring alignment with customer needs and team goals.

  • Work with Agile teams and Business Analysts to define product specifications, create user stories, and manage the product backlog.

  • Plan and lead User Acceptance testing sessions with Business Analysts for stakeholder approval.

  • Solve unique and complex problems that have a broad impact on the product journey.

  • Provide leadership to agile teams with moderate to high risk and complexity.

  • Collaborate with the Scrum Master and Scrum Team on Release Planning, Sprint Planning, Sprint Reviews, and Retrospectives.

  • Monitor and analyze product performance, using data to drive continuous improvement.

  • Manage and oversee the product development process, ensuring milestones and deadlines are met.

What you’ll need:

  • 5+ years of experience in product management, with a proven track record of successfully leading product development from concept to launch.

  • Group Insurance product experience with an understanding of the Customer Lifecycle.

  • Strong leadership and team management skills, with the ability to inspire and motivate a high-performing team.

  • Excellent communication and interpersonal skills, with the ability to effectively collaborate with stakeholders at all levels.

  • Understanding of Agile methodologies and experience working in an Agile environment.

  • Strong analytical and problem-solving skills, with the ability to make data-driven decisions.

  • Passion for technology and innovation, with a customer-centric mindset.

It’d be a plus if you had:

  • Bachelor’s degree in Business, Computer Science, Engineering, or a related field; MBA or advanced degree preferred.

Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

At Prudential, you can:

Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.

We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

What we offer you:

  • Market competitive base salaries, with a yearly bonus potential at every level

  • Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave

  • Retirement plans: 401(k) plan with company match (up to 4%), company-funded pension plan

  • Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs

  • Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.

  • Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.

  • Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.

To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

#LI-RRJ

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $160,700.00 to $217,300.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law. 

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at [email protected] for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email
[email protected].

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.

Prudential Financial

Website: http://www.prudential.com/

Headquarter Location: Newark, New Jersey, United States

Employee Count: 10001+

Year Founded: 1875

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Asset Management ⋅ Finance ⋅ Financial Exchanges ⋅ Financial Services ⋅ Insurance ⋅ Health Care ⋅ Retirement