Associate Director - Product Strategy and Development

Employment Type

: Full-Time


: Miscellaneous

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**Job Location:** United States : New Jersey : Whippany

**Role Value Proposition:**

The Product Strategy and Development team, part of MetLife Investment Managements (MIMs) Institutional Client Group, creates and implements strategic plans related to MIMs global product agenda, with a mandate to deliver products that support both clients needs and business growth objectives. The team also serves as a critical connector for MIMs stakeholders to ensure their alignment with business priorities.

This role will support the broad activities of the Product Strategy and Development team. Key responsibilities include facilitation of product approvals and launch processes; management and execution of product research, competitive analysis and innovation initiatives; and assessment of products health. This role will also drive consensus and conclusions in relation to product strategy across multiple functions, geographies and stakeholders.

**Key Responsibilities:**

**Product Strategy**

+ Work with team to design and articulate product agenda and long-term product strategy, including gap analysis

+ Utilize CFO-provided data to measure products financial impact

+ Partner with business units to refine product strategy and drive decision making; align resources behind key priorities

+ Assess existing products commercial viability; guide elimination of underperforming products to assure strategic discipline

**Product Launch and Governance**

+ Help manage a transparent and disciplined new product approval process, including facilitation of MIM New Product Committee meetings; creation of due diligence materials for Committee review; and maintenance of Committee records

+ Drive the product implementation process, coordinating launch activities across multiple stakeholders

+ Partner with distribution team to define target market and sales strategy

+ Partner with Finance to create product P & L projections

+ Partner with multiple functions to ensure product operational readiness

+ Maintain key reference documents related to new product initiatives and the existing product suite

+ Support international regions product approval processes, as needed

+ Help shape the evolution of the product governance framework

**Product Research and Competitive Analysis**

+ Help direct research initiatives that enhance new product development, existing product positioning and business strategy decision making

+ Conduct analysis to assess product viability, including demand, profitability and scalability dimensions

+ Partner with investment and distribution teams to build new product business cases; combine internal and external data sources to optimize insights

+ Create due diligence reports that analyze competitors product ranges

+ Produce generic and ad hoc studies focused on the industry landscape and product trends

**Essential Business Experience and Technical Skills:**


+ Bachelors degree or higher

+ 5+ years of financial services and/or consulting experience; investment management industry and financial modeling experience preferred

+ Proactive approach to leading and directing change

+ Ability to define and implement initiatives that have multiple stakeholders

+ Excellent communication skills with the ability to build relationships across business units and at all levels of management

+ Firm understanding of statistics and performance analytics

+ Self-motivated with a lateral-thinking, creative and enquiring mind


+ MBA and/or CFA designation preferred

+ Advanced skills in Excel and PowerPoint, Bloomberg experience a plus



**Business Category**


**Number of Openings**



**At MetLife, were leading the global transformation of an industry weve long defined. United in purpose, diverse in perspective, were dedicated to making a difference in the lives of our customers.**

MetLife is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLife's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

MetLife maintains a drug-free workplace.

**For immediate consideration, click the Apply Now button. You will be directed to complete an on-line profile. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.**

Requisition #: ******





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