Product Manager I

Responsibilities

19,000 employees

Product Manager

PFG Business Overview

• Founded: 1879
• Core Segments:
• Retirement & Income Solutions: Employer-sponsored retirement plans (401(k), 403(b), IRAs, annuities)
• Principal Global Investors: Asset management services (mutual funds, ETFs, institutional accounts)
• Principal International: Retirement and insurance solutions in Latin America and Asia
• Benefits & Protection: Group life, disability, dental, and vision insurance
  

Actuarial Practice at PFG

PFG’s Actuarial Teams Play a Pivotal Role In

• Actuaries collaborate across business units to ensure accurate forecasting, regulatory compliance, and innovative product design.
• Pricing and Risk Management: For life, disability, and group insurance products.
• Retirement Plan Consulting: Funding strategies, pension risk transfer, and compliance.
  

Strategic Need

A Product Manager Will

• Data Silos: Multiple business units (Retirement, Insurance, Asset Management) generate vast amounts of data, often fragmented.
• Regulatory Complexity: Compliance with financial regulations and data governance standards requires structured data management.
• Gain a thorough understanding of the Cloud Data Lake, collaborate with various business units to analyse their processes, translate business requirements into data flow diagrams, and work closely with the IT team to design and deliver cloud data lake pipelines.
• Need to have good knowledge on Corporate Finance or Actuarial domain.
• Align business needs with data strategy, enabling better decision-making and innovation.
  

Roles & Responsibilities Of Data Product Manager

data, technology, and business

Key Responsibilities

• Define Data Product Vision & Strategy: Align with PFG’s business goals and regulatory requirements.
• Stakeholder Collaboration: Work with actuarial, finance, and IT teams to gather data requirements.
• Data Governance: Ensure compliance with data quality, security, and regulatory standards.
• Data Integration: Consolidate data from retirement, insurance, and investment segments for unified insights.
• ETL Pipelines - Envision the flow of data through cloud data lake.
• Reporting - Understand the user needs and provide the solutions acceptable to the business.
• Work towards Improved Decision-Making: Unified, high-quality data for actuarial modelling and business forecasting.
  

Qualifications

Other

• Strong technical skills. Knowledge of SDLC. Good aptitude, positive attitude, strong reasoning and communication skills. Must be a good team player. Good analytical skills, research oriented.
• Sound knowledge of Principal Financial Group specific application. Ability to resolve questions/issues related to the application as a Subject matter expert, ability to communicate with various stakeholders.
  

Competencies

• Make sound business decision
• Embrace Change
• Build strong Partnership
• Get results
• Act Strategically
• Lead Cultivate Talent