Manager, Product Development

Job Locations CA-ON-Toronto | CA-ON-London | CA-MB-Winnipeg
Posted Date 1 week ago(1/25/2023 6:42 PM)
Job ID
Job Location 1 : Location
Canada Life Assurance Company
Job Category
Job Type
Full Time
Job Industry
Financial Services and Banking, Insurance
Career Level
Experienced, Management
Posted End Date

Job Description

Reporting to the AVP, Product Development, Wealth Solutions, the successful applicant will be a key contributor on the team leading and/or supporting complex investment product development projects (with a focus on managed solutions), across multiple business and product lines, including mutual funds and segregated funds, and market segments.


The Manager, Product Development (Managed Solutions) will lead and/or support certain elements of the often-complex product development process from ideation to execution, drawing on and engaging resources and expertise around the Canada Life organization and from external service partners to develop strategies and leverage efficiencies.


The Manager, Product Development (Managed Solutions) will be required to utilize their advanced understanding of managed solutions in the wealth industry to communicate their thorough and specialized understanding of the competitive marketplace, including pain points and unmet needs of clients and stakeholders such as investors, plan participants, plan sponsors, intermediaries, advisors and distributors to profitably create and market world class managed solutions through multiple channels.


What you will do 

  • Lead the identification and investigation of business challenges by developing market insights around customer needs, domestic and global trends through primary and secondary means, including structured and unstructured interaction with the various distribution teams, industry contacts and publications.
  • Lead the development of an annual review of Canada Life’s managed solutions for potential enhancements and new product launches.
  • Develop business cases and execute on product lifecycle activities in a collaborative, cross organizational manner, delivering a leading managed solutions offering.
  • Develop and maintain financial models upon which to analyze and evaluate the viability and profit potential of new product ideas and initiatives.
  • Develop and maintain product dashboards utilizing various industry and internal databases to track product adoption across various channels.
  • Successfully connect ideas to evolve strategic direction of our managed solution product shelf with a focus on the lines of business and may cover a wide range of topics, business challenges or client needs. (Examples of which could include Separately Managed Accounts, Offering Memorandums, Alternatives. Decumulation, etc.)

What you will bring 

  • 7+ years of combined Product Development and wealth management experience,
  • Demonstrated expertise in managed solutions and the regulatory environment in which they operate.
  • University degree in a related field.
  • Financial services experience, product management, product analytics, operational and/or financial experience; with solid understanding of product performance indicators.
  • Leadership skills sufficient to achieve results within a matrix management environment involving specialists with skills, knowledge and orientations different from their own.
  • Demonstrated experience with market evaluations, financial analysis, business case development, product pricing, new product design, and planning.
  • Strong product, planning and project management skills - self-motivated and results oriented individual with strong leadership, decision-making, analytical and problem-solving skills.
  • Ability to track, aggregate and internalize a broad range of information and insights, from both primary and secondary sources, to determine customer needs, advisor or intermediary trends, industry trends and flows, and areas where we need to create or improve offerings.
  • Possesses a high degree of financial, analytic and problem-solving skills.
  • CFA, CIM, CFP, CAIA are assets.
  • Strong proficiency with the MS Office suite.
  • Proven experience with various industry-related applications including Morningstar Direct, eVestment and Bloomberg are an asset. 


Given the size and scope of our organization, we have the flexibility for this position to be located in the following head office locations: Toronto, London, Winnipeg. 


Be your best at Canada Life- Apply today!


Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.


You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.


Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing. 




We are one of Canada's top 100 employers!

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Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 


We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 



Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted 




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