Manager, Product Development – MNP Executive Search and Professional Recruitment

KEY RESPONSIBILITIES
New Product and Program Development and Enhancements:
Evaluates strategic opportunities, ideas, and proposals related to the ongoing enhancement of MPI insurance products and new special programs
Leads discussion and subsequent preparation of briefing notes and/or presentations for review by the Product and Policy Working Committee and/or Executive Committee
Presents information to various audiences as required
Oversees research, analysis, and internal and external consultation activities
Prepares Board submissions, briefing notes, and other formal document deliverables
Prepares and collaborates on Cabinet submissions as required
Consults with the Legislation Management team and Legal department regarding any product changes and related legislation developments and amendments
Develops business cases and manages pilot programs and projects to evaluate proposed amendments or new MPI insurance products
Oversees amended and new product implementation including development of product transition plans

Product and Program Management:
Supports the direction and oversight to activities that supports existing MPI insurance products
Supports in providing oversight to the ongoing operational review, benchmarking, monitoring and evaluation of existing MPI insurance products
Assists in drafting new legislation and updates existing regulation for products delivered under MPI’s authority
Participates in drafting business cases to evaluate possible changes to existing products and programs
Evaluates existing policy and business documents, and systems specifications to identify the business rules that affect legislation
Reviews existing legislation to identify any regulations that require amendments
Provides subject matter expertise and respond to complex inquiries
Maintains rate stability for Basic Autopac
Manages the profitability of Autopac Extension products, making recommendations to Executive for changes to coverages, pricing or underwriting/accessibility criteria as necessary to ensure optimum levels of customer satisfaction
Contributes to the managing of the ongoing operational review, monitoring and evaluating of existing MPI insurance products
Provides inputs to the monitoring and assessing of existing compulsory products against a range of criteria, including key performance indicators (KPIs) and benchmarks
Participates in establishing a regular review cycle and schedule of MPI products
Develops, reports and assesses KPIs using corporate data analytics infrastructure
Leadership:

Leads, inspires, mentors, develops, and guides a team of professionals
Responsible for the management of the departmental budget, participation in planning, budgeting for special projects, improvement initiatives, and long term human resources planning
Responsible for workload planning, hiring, performance management and development planning of staff. Ensures technical expertise of the unit is maintained
Develops succession plans that may include cross training and development opportunities
Responsible for reviewing team processes and practices to ensure efficiency and ongoing improvement. Ensures activities comply with Corporate Directives, policies and procedures
Participates in the development of the division by updating and prioritizing the strategic and operational directional plans
Participates on internal and external committees and working groups as required
Participates in development and monitoring of departmental KPIs
Allocates use of available resources

EDUCATION, EXPERIENCE AND QUALIFICATIONS
Education:
Bachelor’s Degree in Commerce or in a related field
Project Management Professional (PMP) designation is an asset
Experience:
Minimum of seven years of experience in product development, assessment and analytics
Minimum of three years in a leadership role
Experience in an insurance environment or regulatory environment is an asset

Knowledge and Skills:
Ability to interpret legislation
Excellent written and oral communication skills, including the ability to deliver formal presentations
Knowledge of project management methodologies
Ability to plan and manage multiple complex initiatives
In-depth knowledge of business computer applications for documenting financial and cost benefit analysis
In-depth knowledge of databases and data warehouses, and data mining and extraction

TO APPLY:
If you are an innovative and creative leader and are interested in learning more about this exciting opportunity, please forward your resume to applicants@mnp.ca or call Kamalita Ketler at 204.336.6107.

 

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