Product Manager Life (Projects) Fixed Term Contract

ABOUT US - PURPOSE

Since 1890, the worldwide Allianz Group has been working hard to secure people's lives. Our promise is to give confidence in tomorrow. Allianz offers a wide range of insurance, retirement and fund products to over 122 million customers in more than 70 countries with most markets served by local Allianz companies. Allianz Australia Life Insurance Limited (AA Life) is a wholly owned subsidiary of Allianz Group.

 

Allianz Australia Life Insurance Limited (AA Life) is fast becoming one of Australia's leading Retirement Income solutions providers in the Australian Financial Services landscape. The business is focussed on building investment products that support the needs of Australians near or in retirement, as well as the manufacture and distribution of term life and associate products in Australia.

 

The business has a significant and growing local presence of over 50 colleagues. We are supported by a combination of global capabilities including our parent, Allianz Group (Munich, Germany), Allianz Life (Minneapolis, USA) and Allianz Australia. We operate two businesses, direct-to-customer Life Insurance under the Allianz brand and Retirement Income products & services under the specialist Allianz Retire+ brand, with these retirement solutions available predominantly through superannuation funds, wealth management investment platforms and financial advice firms.

 

Our heritage, long-standing stability and global reach ensures that our products provide financial security to Australians when it matters most.

PURPOSE

This Fixed Term Contract opportunity involves working on key project deliverables and managing, reviewing, recommending, and implementing product and business improvements that align with the strategic goals of the life insurance business.

KEY ACCOUNTABILITIES

Role specific

• Assist in the development of strategic product roadmaps and the creation of business cases for new growth initiatives and opportunities in Life Protection. This includes conducting market analysis and evaluating competitive positioning to aid senior management and the board in their decision-making processes.
• Lead cross-functional project delivery across stakeholders including Marketing, Digital, Contact Centre, Policy Services, and Claims to ensure initiatives are delivered on time, within scope, and aligned to customer and regulatory requirements.
• Drive implementation of agreed product and business changes, ensuring stakeholder alignment, clear documentation, and effective execution.
• Ensure all project activities comply with relevant Allianz policies and frameworks, including the Life Product Development Process & Product Governance Framework.
• Support the execution of enhancements to life products, processes, and systems, ensuring changes meet business objectives and are effectively embedded.
• Oversee end-to-end system change delivery  for life products, ensuring solutions meet business requirements, customer expectations, and risk/ contro standards.  
• Prepare and support project reporting, updates, and materials for governance forums, working groups, and stakeholder briefings.
• Coordinate and support the business response to regulatory and compliance-related deliverables as part of project execution.

The following accountabilities are mandatory to this role and predefined to meet our People (Leadership, Diversity & Inclusion, Work Health and Safety), Customer and Risk & Compliance requirements. 

People

•  Lead and coach team members to develop capability, build high performing, collaborative and engaged teams, enabled by robust talent development plans, balanced performance priorities and role descriptions.
• Seek out diversity in all its forms proactively and to embed inclusive work practices on a daily basis to drive innovation and fresh perspectives for the benefit of our people, our business and for the customers and communities in which we operate.
• Ensure, so far as reasonably practicable, the health and safety of self, colleagues, contractors and visitors by complying with the due care requirements as per WHS legislation and providing information, instruction, training and supervision to the people you lead.

Customer

• Understand customer insights and feedback. Lead delivery on the strategy and plan that puts the best interests of our customers at the heart of everything we do.

Risk & Compliance

• Fulfil individual risk and compliance related obligations. Provide input to the team's adherence to relevant policies and procedures to drive desired behaviours and implement a proactive and risk-aware management culture.

KEY STAKEHOLDERS AND RELATIONSHIPS

Internal

• Life Protection, Marketing, Contact Centre, Policy Services, Claims and other internal teams: Collaborate to support business process compliance, learning initiatives and delivery of business objectives.
• Allianz Life: Develop and maintain working relationships to facilitate strategic outcomes.

REQUIREMENTS

• Tertiary qualifications in a relevant discipline and RG146 accredited (highly desirable)
• Ideally 5+ years' experience in the life insurance and a detailed understanding of the product and the legal/regulatory and industry framework/codes.
• Demonstrates commercial acumen and uses insights related to the market, competitors and the customer to identify opportunities and risks to enhance our overall business proposition.
• Pays high attention to detail by completing tasks with thoroughness and accuracy and has the ability to quickly identify errors or inconsistencies within information and takes corrective action.
• Ability to plan and prioritise effectively, organise tasks and manage competing resources and demands.
• Demonstrated ability to partner and collaborate effectively with stakeholders to establish strong professional relationships.
• Demonstrated evidence of technical proficiency with systems, software, databases, reporting & communication tools.
• Excellent verbal and written communication skills, capable of communicating with audiences at all levels with clarity, impact and influence.

This role is with Allianz Retire+.