Voya Financial

Director Product Management, Health Plan Business

United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Insurance, Health PlanIndustries

Position Overview

  • Employment Type: Full-time
  • Job Title: Director, Product Management

Summary: The Director, Product Management is a leadership position overseeing Product strategy, direction, and delivery execution within a single Business Unit while aligning to the overall corporate Product Strategy. The Director is responsible for managing all Product activities across the development lifecycle, including managing Product Managers and their backlogs, working with Engineering on delivery execution, and partnering with business leaders to groom backlogs and define future roadmaps. The Director has market and product health responsibilities ensuring all cross-functional teams are prepared to capitalize on new products, features, and enhancements as they are delivered. It is required that the Directory maintain an ongoing strategy and roadmap which includes delivery timelines, market assessments, competitive intelligence, customer feedback, and product KPIs.

Requirements

  • Minimum of 7 years experience as a Product Manager or Product Marketing Manager

Responsibilities

  • Maintain functional product area ownership and definition.
  • Ensure high functional product area health (Quality, Scalability, Performance, Infrastructure needs).
  • Provide design oversight, coordination, and solution direction.
  • Maintain a prioritized investment backlog of market-driven needs for the functional product area.
  • Support Buy, Build, Partner evaluations to support needs of your functional product area.
  • Coordination with Product and Engineering leadership for large-scale initiatives.
  • Consultation with Customer Development at the functional product area level.
  • Key member of Design Authority – responsible for functional product area.
  • Commercialization of key large-scale features for the functional area.
  • Knowledge & Experience:
    • Maintain an ongoing strategy and roadmap including delivery timelines, market assessments, competitive intelligence, customer feedback, and product KPIs.

Company Information

  • Company Purpose: To fight for everyone’s opportunity for a better financial future.
  • Company Culture: Committed to a work environment where differences are understood, valued, and intentionally pursued. Employees are encouraged to bring their whole selves to work.
  • Company Vision: To intentionally bring differences together to positively influence culture, serve clients, and enrich communities.

Skills

Product Management
Product Strategy
Roadmap Development
Market Analysis
Stakeholder Collaboration
Leadership
Backlog Management
Cross-functional Team Coordination
Solution Design
Market Assessment
Customer Feedback Analysis
Product KPIs

Voya Financial

Provides financial services and retirement solutions

About Voya Financial

Voya Financial offers a range of financial services, including retirement plans, investment management, and insurance products, to help individuals and businesses achieve financial wellness. Their services cater to individuals seeking retirement planning, employers looking to enhance employee benefits, and institutions needing tailored investment management. Voya stands out from competitors through its commitment to inclusiveness and corporate responsibility, which helps attract clients and talent. The company's goal is to build long-term relationships with clients, ensuring they achieve financial confidence and a fulfilling life.

New York City, New YorkHeadquarters
2014Year Founded
IPOCompany Stage
Fintech, Financial ServicesIndustries
5,001-10,000Employees

Benefits

Health Savings Account (HSA)
Flexible Spending Accounts (FSA)
Rally wellness program
Employee Assistance Program (EAP) and Work Life Services
Behavioral Health Family Support Program
Livongo support for diabetes, hypertension, and weight management
AccessHope cancer support
Wellthy caregiving assistance
Back-up child care and elder care
Health Advocate
ABLE accounts
Legal insurance
Identity theft protection
Voya Foundation Matching Gift Program

Risks

Increased competition from fintech companies may erode Voya's market share.
Operational challenges in integrating OneAmerica's business could affect service quality.
Regulatory scrutiny on fees may impact Voya's pricing strategies and profitability.

Differentiation

Voya's commitment to inclusiveness and corporate responsibility sets it apart in the market.
The acquisition of OneAmerica's retirement plan business expands Voya's client base significantly.
Voya's focus on digital financial planning tools enhances client engagement and satisfaction.

Upsides

Voya's ESG commitment aligns with the growing investor focus on sustainable investing.
The financial wellness market's growth offers significant opportunities for Voya's programs.
AI integration in investment management can enhance Voya's strategies and client outcomes.

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