Product Strategy Job Description

Product Strategy Job Description

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Product strategy provides guidance and advice to assigned business units in development and issuance of insurance products for assigned business lines, including analyzing industry trends, regulatory developments and product innovations.

Product Strategy Duties & Responsibilities

To write an effective product strategy job description, begin by listing detailed duties, responsibilities and expectations. We have included product strategy job description templates that you can modify and use.

Sample responsibilities for this position include:

Interface with portfolio managers, senior strategists, and institutional relationship managers to develop and oversee the production of the materials for on-going deliverables, portfolio reviews, ad-hoc meetings, new products
Close collaboration with R&D and Technical Operations PM’s to ensure operational alignment of R&D and manufacturing activities to PST endorsed deliverables and priorities
Appropriately influence, and provide leadership (as requested) and program management support of PST-related, non-R&D, cross-functional initiatives
Support the gathering and retention of assets under management by working closely with the Regional Product Strategy team and sales and client service professionals across all distribution channels
Track post product deployment activities and measure our trajectory against success metrics
Liaison between Payments Management Solutions Marketing, Sales, Product Marketing and GTM
Determine needs for routine education of the sales force (new sales and ongoing education) and execute the completed training
Direct the completion of additional collateral as needed, with contributions from product and marketing
Own the presentation/deliverable of the “pricebook” for all businesses
Be the expert on emerging technologies or new applications of existing technologies that will advance our product capabilities

Product Strategy Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Product Strategy

List any licenses or certifications required by the position: PMP, CFA, PLL, GTM, CTP, CPA, PMI, CSPO, PM, CX

Education for Product Strategy

Typically a job would require a certain level of education.

Employers hiring for the product strategy job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, MBA, Marketing, Engineering, Education, Computer Science, Technical, Finance, Business/Administration, Economics

Skills for Product Strategy

Desired skills for product strategy include:

Banking practices
End-to-end systems development life cycles
Standards relevant to the software industry
Regulations and operations within assigned business line
PowerPoint
Core technology
Excel
Processes and standards
Products and services in assigned business lines
Financial services

Desired experience for product strategy includes:

Assist in the development of strategic and analytical frameworks promoting best practices to gain efficiencies and enhance productivity
Monitor, anticipate and assess market, client, competitor and regulatory trends to drive product strategy and identify opportunities for new product innovation
Solid experience in pharmaceutical development and commercialization of branded prescription drug products with direct experience across a diverse therapeutic areas and all stages of development and commercialization (Phase 1 through to launch)
Clarity in verbal and written communication and oral and written comprehension skills, professional phone skills
Bachelor’s degree in business, marketing, or equivalent experience (MBA preferred)
Must have excellent written and oral communication skills, with the ability to articulate product concepts to a variety of audiences

Product Strategy Examples

1

Product Strategy Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of product strategy. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for product strategy
  • Manage individual performance (ie, objective setting, evaluation, and feedback) of both direct reports (global marketing team) and cross-functional LPT members
  • Gain a firm command of the breadth of ad formats and their underlying technologies offered by Spotlight
  • Serves as a thought leader to the business on how to determine optimal product line-ups to meet investors’ needs
  • Develops and maintains key internal stakeholder relationships across the organization (including our internal investment teams, client groups, marketing teams)
  • Analyze competitiveness of Infiniti products vs
  • Develop the market entry product strategy for Climate FieldView in South Africa
  • You will understand market trends, customer challenges and products ability to address applicable needs
  • You will define and prioritize partnership with 3rd party vendors aligned with product strategy at the portfolio and corporate levels
  • You will secure product investment by building compelling business cases for innovative products
  • You will translate market knowledge, product strategy, and business cases into a successful product plan
Qualifications for product strategy
  • Bachelor's and preferably Masters in Computer engineering/science
  • Willingness to travel and work extended hours, and on weekends with short notice as required
  • Strong strategic analytical skills, with ability to use structured problem solving techniques to analyse ambiguous questions
  • Ensuring a strong link between ‘product portfolio’ and ‘product management’ activities, by working closely with CPO colleagues rolling out the ‘Product Lifecycle’
  • Working with internal and external experts to research, analyse and model
  • Emerging product opportunities
2

Product Strategy Job Description

Job Description Example
Our innovative and growing company is looking for a product strategy. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for product strategy
  • You will support sales channels as the product and market expert for applicable product(s)
  • Participate in all relevant meetings and assume a leadership role in these meetings as needed
  • Build a data-driven understanding of our network as it exists today, while defining a set of views and tools which appropriate for different users of the information
  • Partner with brand and portfolio support teams to implement framework, inclusive of new roles and products within teams
  • Serve as subject matter expert to provide tactical support within brand teams as they stand-up new functions and processes
  • Partner cross-functionally to help implement new engagement models and corresponding prioritization process between brands, portfolio teams, and GTO
  • Partner with vendors to internally productize and package their offering, developing turnkey solutions to apply across brand and portfolio teams
  • Liaise with Turner internal communications group to provide relevant employee stories, events, announcements, social media
  • Plan details several months out (event logistics, collateral, giveaways, speaker relations/travel)
  • Ensure that posts, emails, are scheduled in accordance to the overall department strategy
Qualifications for product strategy
  • Bachelor’s in Computer Science, Engineering or other quantitative field
  • Bachelor’s Degree or equivalent in Accounting, Finance, Business, Banking, or related field required
  • Minimum travel depending on base location
  • Process Improvement Methodologies, and Process Analysis & Design experience preferred
  • Working knowledge of Microsoft Office products and applicable databases
  • 10+ years of experience in product management, program management, corporate strategy or service delivery leadership is required
3

Product Strategy Job Description

Job Description Example
Our company is looking for a product strategy. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for product strategy
  • Create and drive product strategy and strategic decision making through deep product, client and industry analysis and support the successful execution of that strategy through close collaboration with other product and business teams
  • Independently conduct complex analyses in support of pricing, rate, acquisition, retention and growth management strategies
  • Independently develop analytical constructs, data requirements, and rate / pricing methodologies needed to complete analysis
  • Independently develop hypotheses and assumptions and socialize with colleagues in support of deposit and product strategies
  • Independently develop databases and tools leveraging complex formulas, tables, formatting, advanced charting, pivot tables, macros, simulations and/or solver
  • Interpret data and analysis, designing subsequent analysis to test additional hypotheses and assumptions
  • Manage and further develop the tools and metrics associated with rate and price setting
  • Present findings, preliminary conclusions, and recommendations to senior and executive management
  • Responsible for planning, directing, organizing, controlling and implementing the products and services commensurate with the objectives of the business unit and the company
  • Function as the wholesaler of assigned products through coordination of product marketing activity in partnership with the marketing and sales functions
Qualifications for product strategy
  • Blend of business and technical savvy skills innovative perspective on problem solving
  • Automotive experience and/or knowledge/understanding
  • Requires a minimum of 10 years experience, candidates with 15+ year of experience are encouraged to apply
  • Experience in Consumer Electronics Industry is highly desired, experience in consumer products is required
  • Experience building and delivering industry leading consumer products
  • Outstanding consultative selling abilities and interpersonal skills with executive level customers and partners
4

Product Strategy Job Description

Job Description Example
Our company is hiring for a product strategy. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for product strategy
  • Newly formed Product Strategy team is being established to help Turner evolve internal capabilities to best scale direct-to-consumer products
  • The Product Strategy Coordinator is responsible for supporting the administrative needs of the Turner Product Strategy team
  • This position will be highly collaborative across all Turner brands
  • Responsible for making independent decisions regarding planning, organizing and scheduling of work
  • Proficient in how to manage multiple projects that require feedback from various teams
  • Proactively partner closely and regularly with VP's directs, and peer assistants
  • Work with internal & external partners on the coordination of schedules and documentation
  • Superior at scheduling meetings, managing travel and handling expense reports of busy executives
  • Must understand the importance of confidentiality in all aspects of role
  • Responsible for managing various status reports and ad hoc projects
Qualifications for product strategy
  • Willingness to work in a home office in Baltimore, MD or Austin, TX area
  • Bachelor's degree in technology, marketing or similar field required
  • 5+ years of expertise in strategic planning and execution
  • Must have strong written and oral communication skills (in English)
  • Proven track record of delivering business results in complex environments
  • Define the integration strategy of ACH products with other GP&S business units
5

Product Strategy Job Description

Job Description Example
Our innovative and growing company is looking for a product strategy. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for product strategy
  • Play a central role in building research solutions - involving content selections, workflow-enhancing tools, and value-added applications - based on existing and new ideas from customer-focused research
  • Execute on product development, working closely with Product Development, Technology, Operations, Business Analysts, and other key stakeholders on various projects
  • Own prioritization of new products, enhancements and defects for managed products
  • Conversion value assignment and traffic segmentation
  • Define, launch, and manage new loan product features and enhancements, from market and consumer research and business case to implementation that achieve customer, growth, and P&L goals
  • Conduct customer research, market and competitor analysis to understand consumer needs/pain points and market opportunities
  • Understand drivers of P&L performance and identify opportunities for enhancement
  • Promote a seamless and compelling multi-channel customer experience through all touchpoints of the customer journey
  • Develop and own implementation of post-booking engagement marketing communications strategy
  • Ensure unique and consistent positioning of the product in the marketplace
Qualifications for product strategy
  • Experience working in the healthcare space, with a preference for a focus on health insurance/carriers or healthcare service providers
  • 2+ years in a role with a significant quantitative analysis work, such as an Associate or Analyst with a major strategy consulting firm, or investment bank
  • Experience working in a project-based delivery environment
  • Willingness to travel occasionally (5 – 10%) to company and customer locations across the U.S
  • Bachelor’s degree required, MBA or other advanced degree a plus but definitely not a must
  • The AVP approves new products and product features

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