Assistant Product Manager

3 weeks ago

Melbourne, Australia AMP Full time

Assistant Product Manager

If you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking.

For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into something even more positive and powerful for the future.

**Help people create their tomorrow, while you create yours**

We help people with their banking, super, retirement and finances. Through upturns, downturns, recessions, and major life transitions. Every day, we help people see and make more of their financial potential, so that they can create their tomorrow. And we've been doing it for over 170 years.

If we do our job well, we genuinely add to the prosperity of our country and its people.

**How you'll make an impact**

The Assistant Product Manager role is responsible for the management of AMP's Wrap products, including the flagship MyNorth offer. This involves maintaining competitive and compliant products and solutions and creating strong product value propositions for customers and advisers to drive increased cashflow and revenues and retain existing value.
- Maintain existing product value and implement changes and enhancements to products to ensure optimal outcomes for customers and AMP
- Product lead and support to ensure successful implementation of regulatory change / compliance initiatives
- Prepare internal reporting for senior management and the trustee / RE boards
- Ensure a sound operating environment through execution of controls and documentation of policies and processes
- Product project implementation including analysis, impact assessment, and roll out
- Support for delivery of current and compliant product disclosure documents alongside the Disclosure Team
- Development of support materials and product related communications to internal and external stakeholders
- Support Product Managers, Senior Product Managers and Head of Product and Pricing on product strategy, product development initiatives, product management and projects as required

**Main Focus Areas**:
To support the Insurance Product team with the following activities:

- Maintain existing product value and implement changes and enhancements to products to ensure optimal outcomes for customers and AMP
- Product lead and support to ensure successful implementation of regulatory change / compliance initiatives
- Prepare internal reporting for senior management and the trustee / RE boards
- Ensure a sound operating environment through execution of controls and documentation of policies and processes
- Product project implementation including analysis, impact assessment, and roll out
- Support for delivery of current and compliant product disclosure documents alongside the Disclosure Team
- Development of support materials and product related communications to internal and external stakeholders
- Support Product Managers, Senior Product Managers and Head of Product and Pricing on product strategy, product development initiatives, product management and projects as required
- Support Product Management BAU activities which includes enquiries, survey's, reporting, campaigns, incident management support, insurance re-rates, quotes, disclosure and tender support.
- Oversight of Regulatory Change & responses and including working with business and operational teams in implement strategic projects and ensure risk management activities are conducted.
- Support the management and development of the insurance offer so that it remains contemporary, compliant and relevant for the customer target markets.
- Support in reviewing products and plans at risk of Erosion due to insurance premiums. Looking at insurance Framework, Erosion guidelines and insurance policies
- Support with the oversight, raising and remediation activities of product insurance related incidents and breaches to the incident management team
- Oversight insurance competitor analysis and insights
- Maintain the existing insurance product set to legal, industry and competitor standards, including initiating and project managing product enhancements as required.
- Ensure the insurance offerings with the various products are managed within the Risk Management Framework and all incidents identified are rectified within the appropriate timeframes and process.
- Support Product Management as SME on insurance related regulatory change and growth initiatives as required.
- Assist with preparation of any relevant Management and/or Board Papers and Reports.
- Liaise with key stakeholders, in particular the Australian Wealth Management and Wealth Platform teams, our Advisor and Workplace Sales teams to assist with product management and development initiatives.

**What you will bring to the team**

Ideally, you will bring the following experiences to this role:

- Demonstrated experience in the Australian wealth m

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