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Product Development and Management Associate

Date Posted: Aug 13, 2019

Location: Whippany, NJ, US, 07981

Company: MetLife

                                                      

 

Job Location: United States : New Jersey : Whippany  

 

Role Value Proposition: 

The Business Planning and Development (BPD) team is responsible for the development and implementation of MetLife Investment Management’s (MIM's) business plan and growth objectives. It provides product platform oversight; strategic leadership for M&A and post-acquisition operating models; and enhanced frameworks for business partnership cultivation. BPD also serves as a critical connector for MIM’s business groups to ensure their alignment with business priorities. The team reports directly to MIM’s President and CEO.

 

Role Overview:

The role will support the broad activities of BPD, with a specialization in product development and management. Core to the role is an ability to implement strategic plans relating to MIM’s global product agenda, with a mandate to deliver products that support both clients’ needs and business growth objectives. Key responsibilities include execution of product research, competitive analysis and innovation initiatives; facilitation of product approvals and launch processes; and product data management. This role will also help drive consensus and conclusions in relation to product strategy across multiple functions, geographies and stakeholders.

    

Key Responsibilities:  

  1. Product Research and Competitive Analysis
    • Support 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 help build new product business cases; combine internal and external data sources to optimize insights
      • Help create due diligence reports that analyze competitors’ product ranges
      • Produce generic and ad hoc studies focused on the industry landscape and product trends
    • Help maintain team’s research resource inventory

 

  1. 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
    • Support the product implementation process, coordinating launch activities across multiple stakeholders
      • Analyze and document activities required for product launch; ensure deadlines for related deliverables are met
    • Partner with multiple functions to establish product sales strategy, financial projections and operational readiness
    • Maintain key reference documents related to new product pipeline and the existing product suite
    • Maintain product data stored in MIM’s system of record
    • Support international regions’ product approval processes, as needed

 

Essential Business Experience and Technical Skills:

    • Bachelor’s degree or higher
    • 1-4 years of relevant experience in financial services, preferably at investment management firms
    • Progress towards CFA designation or comparable qualification a plus
    • Strong organization and analytical skills with an affinity for data analysis
    • Firm understanding of statistics and performance analytics
    • 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
    • Self-motivated with a lateral-thinking, creative and inquisitive mind
    • Advanced skills in Excel and PowerPoint, Bloomberg experience a plus

 

Travel

Minimal

 

Business Category

Investments

 

Number of Openings

1

 

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At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re 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 #: 110291 


Nearest Major Market: New Jersey