Associate Director, Stop-Loss Product Development

🔥 1 minute ago

🇺🇸 United States – Remote

💵 $116.5k - $174.8k / year

⏰ Full Time

🟠 Senior

👔 Director

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Sun Life

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1865

💼 Consulting

🏥 Healthcare

💸 Finance

Consulting • Healthcare • Finance

Sun Life is a global financial services company headquartered in Toronto, Canada, offering a diverse range of protection, wealth, and health solutions for individuals, businesses, and institutions. The company provides services in insurance, investments, financial advice, and asset management across various regions including North America, Asia, and Europe. Sun Life is committed to sustainability, diversity and inclusion, and creating a positive impact in communities. With a focus on achieving financial security and healthier lives for their clients, Sun Life integrates comprehensive financial solutions and innovative practices to meet the evolving needs of their clientele.

📋 Description

• Lead and support the end-to-end development of product initiatives, including concept development, design, implementation, launch, and post-launch evaluation. • Independently manage defined product enhancements, features, and programs aligned to product strategy, timelines, and governance. • Partner across underwriting, actuarial, claims, finance, legal, state filing, marketing, client experience, client services, clinical, L&D, and technology to execute initiatives. • Coordinate with external vendors and partners to support product delivery and implementation. • Monitor product performance using financial and operational metrics and recommend enhancements to improve outcomes. • Identify and implement process improvements to strengthen product development efficiency and effectiveness. • Serve as a subject matter expert on stop-loss products, supporting internal training, materials, and business enablement. • Partner with distribution teams to support growth, client engagement, and market expansion efforts. • Monitor industry, legislative, and competitor trends and support execution of product strategy and change initiatives. • Leverage data, analytics, and AI tools to support product research, development, and performance insights.

🎯 Requirements

• 5+ years of experience in stop-loss, self-funded healthcare, or related risk-based insurance products • Experience in product development, product strategy, or project leadership within a complex, matrixed environment. • Strong understanding of stop-loss market dynamics, product design, and financial performance drivers is preferred. • Bachelor’s degree is highly preferred • Demonstrated ability to lead cross-functional initiatives and influence without direct authority. • Ability to operate independently while aligning to broader strategic direction and governance. • Strong analytical, problem-solving, and data interpretation skills. • Excellent communication and collaboration skills, with the ability to influence across teams. • Strong organizational and execution skills, with the ability to manage multiple priorities. • Working knowledge of project management principles and tools. • Confidence in negotiating and presenting at a senior level.

🏖️ Benefits

• generous vacation and sick time • market-leading paid family, parental and adoption leave • medical coverage • company paid life and AD&D insurance • disability programs • partially paid sabbatical program • 401(k) employer match • stock purchase options • employer-funded retirement account • flexible, inclusive and collaborative work environment