Executive Director, Product

🔥 12 hours ago

🌽 Illinois – Remote

🌽 Illinois – Remote

💵 $136.9k - $204.5k / year

⏰ Full Time

🔴 Lead

👔 Director

🦅 H1B Visa Sponsor

This company has sponsored H1B visas in the past.

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Trustmark

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1913

💼 Consulting

🏥 Healthcare

🛡️ Insurance

Consulting • Healthcare • Insurance

Trustmark is a benefits company that provides voluntary insurance products—including life, accident, critical illness, disability, and hospital coverage—alongside small-business level-funded health solutions and employer wellness services through its HealthFitness division. With more than 100 years of experience, Trustmark serves individuals, employers, brokers and providers, emphasizing personalized service, community involvement, and financial strength (AM Best A rating).

📋 Description

• Drive new product development through market research, trend analysis, and customer insight • Establish and sustain competitive advantage through data-driven product vision and prioritized roadmaps • Drive continued enhancement of accident, critical illness, and hospital indemnity products • Use continuous discovery and validation to solve meaningful customer problems, minimize risk, and accelerate time to market • Partner cross-functionally to align innovation efforts with growth objectives and operational execution • Build repeatable systems for market intelligence, feedback, and performance measurement • Ensure the health product portfolio remains top tier in the market • Identify portfolio gaps and lead product prioritization and development • Build relationships throughout the voluntary benefits marketplace and deepen understanding of trends • Serve as primary storyteller for field partners and communicate products across teams and channels • Lead product development, including research, product design, sales strategy, market analysis, requirements documentation, cost-benefit analysis, and implementation • Lead risk analysis for resources and capabilities needed to bring new products to market • Establish and manage budgets and operational plans • Lead health product claims strategy and claims integration solutions • Develop value-add and care delivery strategies for supplemental health products • Manage external vendor and partner relationships, including RFP and finalist selection processes • Own product strategy from concept to market and champion new product offerings • Collaborate with underwriting, sales, and marketing teams to position products and build awareness with producers • Serve as central point of expertise on product knowledge and market needs • Ensure product initiatives achieve targeted return on investment goals • Coach direct reports on maintaining product health across the organization • Drive initiatives with internal technology and project partners • Develop and own KPIs for new product initiatives and provide actionable insights for data-driven decisions • Ensure products are compliant and address regulatory changes promptly • Perform other duties as needed/assigned

🎯 Requirements

• Bachelor’s degree • 7-10 years of experience in industry, with some experience across product development, product management and implementation • Experience developing or managing voluntary health products • Ability to lead/influence without direct oversight • Proven ability to develop and revise strategy and tactics to propel business growth • Ability to analyze and interpret challenging concepts and resolve complex issues • Ability to inspire, lead, and coach both leaders and employees • Experience working collaboratively across the organization to build consensus and synergies, handle conflicts, negotiate, and promote team spirit • Innovative and creative approach to improving current processes • Integrity and strength of character • Excellent verbal and written communication skills • Preferred: Deep broker/market connections in voluntary benefits and adjacent markets • Preferred: Sales-related experience, including client-facing roles – technology, partnerships, account executive/account management, or similar • Preferred: Expertise in leading research projects and synthesizing consumer insights

🏖️ Benefits

• Health/dental/vision • Life insurance • FSA and HSA • 401(k) plan • Employee Assistant Program • Back-up Care for Children, Adults and Elders • Health and wellness initiatives • Wellness program enabling employees to participate in health initiatives to reduce insurance premiums • Bonus eligibility