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AMP (amp.com.au)

Senior Product Manager - Insurance

Posted 15 Hours Ago
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In-Office
Melbourne, Victoria, AUS
Senior level
In-Office
Melbourne, Victoria, AUS
Senior level
Lead the strategy, design, governance, lifecycle management, pricing, and ongoing development of AMP Platforms’ insurance proposition. Manage insurer, administrator, and service-provider relationships while balancing member and adviser outcomes, regulatory obligations, risk, sustainability, and commercial performance. Analyze product performance, drive simplification and improvements, support regulatory change and remediation, and prepare governance papers, business cases, reporting, and executive recommendations.
The summary above was generated by AI

If you live in Australia or New Zealand, you’ve likely heard of AMP. But at a time when society is changing, we are too. We’re now a nimbler business with new leadership and thinking. 

For us, these are exciting times. There’s a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into something even more positive and powerful for the future.

Help people create their tomorrow, while you create yours

We help people with their banking, super, retirement and finances. Through upturns, downturns, recessions, and major life transitions. Every day, we help people see and make more of their financial potential, so that they can create their tomorrow. And we’ve been doing it for over 170 years. 

If we do our job well, we genuinely add to the prosperity of our country and its people. 

How you’ll make an impact

As Senior Product Manager, Insurance, you'll play a critical role in strengthening the commercial performance, sustainability and governance of AMP Platforms' insurance proposition.

Working across Platforms, Risk, Compliance, Distribution, Operations and external insurance partners, you'll be responsible for the ongoing evolution of our insurance offering, ensuring it delivers strong member and adviser outcomes while supporting AMP's commercial objectives.

You will lead the strategy, design and ongoing development of the insurance proposition, balancing customer needs, regulatory requirements and commercial performance. This role offers a unique opportunity to influence a key component of the Platforms value proposition and help shape its future direction.

In this role, you will: 

  • Embed insurance product management practices and ownership across the Platforms business.
  • Lead insurance proposition strategy, product design, simplification initiatives and future enhancements.
  • Manage relationships with insurers, administrators and key service providers to deliver agreed outcomes and service standards.
  • Oversee product lifecycle activities, including disclosure updates, policy changes, governance reviews and market monitoring.
  • Drive pricing and re-rate activities, product performance reviews and competitor analysis.
  • Develop recommendations that enhance product sustainability, member value and commercial performance.
  • Support regulatory, legislative, risk and compliance change initiatives, including business readiness and remediation activities.
  • Prepare governance papers, business cases, performance reporting and recommendations for senior leadership and committees.
  • Identify opportunities for operational improvement, simplification and risk mitigation across the insurance proposition.

What you will bring to the team

To be successful in this role, you'll combine deep insurance product expertise with strong commercial judgment, stakeholder management and strategic thinking.

Ideally, you'll bring:

  • 7+ years' experience in insurance product management within superannuation, platforms, wealth management or broader financial services.
  • Strong understanding of insurance product lifecycle management, including design, pricing, disclosure, governance, issue management and regulatory change.
  • Experience managing insurer, administrator and third-party service provider relationships.
  • Knowledge of group and retail insurance arrangements, platform and superannuation insurance structures, and associated operational considerations.
  • Demonstrated experience analysing product performance and developing commercially sound recommendations.
  • Strong stakeholder management skills with the ability to influence across diverse business functions and competing priorities.
  • Experience preparing governance papers, board or committee submissions, risk assessments and executive recommendations.
  • A proactive mindset with a passion for improving customer outcomes and simplifying complex products and processes.
  • Tertiary qualifications in business, commerce, finance, insurance, law or a related discipline (desirable).

You’ll thrive here if…

If you can adapt from BAU to the ambiguous with ease, you’ll do well here. Change is never easy, so bring your commitment, grit and growth mindset.

Because we run lean, you’ll be expected to jump in and deliver across a variety of areas. Meaning, you’ll be closer to the action and executive decisions that influence where we go next.

If you’re someone that can hold their own, you’ll find AMP quite liberating. 

Why we think you’ll love working at AMP

Doing what we’ve always done is not an option, so your clever ideas will get airtime here. You’ll be encouraged to speak up and try new things. If they don’t work, we move on – better for it.

We know there’s no one way of doing things. So, you won’t have to sacrifice who you are or how you work to fit in here. We’re inclusive and flexible in many of the ways you’d expect. And in some of the ways you wouldn’t. As long as your health and wellbeing come first - at home and at work. 

In fact, most of what makes AMP such a welcoming, enjoyable place to work are our people. Wherever you go, you’ll find moments to connect, feel valued and do meaningful work. 

Whether it’s through our first-class leaders who are invested in you and your success. Through year-round opportunities to volunteer, fundraise and give back to the community. Or in the everyday challenges you face as we work together to strengthen this great organisation. Challenges that will stretch you, amplify your potential and compound the impact you have. 

We believe in the power of inclusion and diversity

We’re dedicated to fostering inclusion, diversity, and a warm feeling of belonging at AMP. It sparks creativity, ignites innovation, and turns up the dial on the quality of our decisions and performance. This not only makes our workplace more engaged, but also leads to better connections with our customers. 

We're your allies in the search for the perfect fit - when you apply, let us know how we can support you to put your best self forward during our selection process. 

We're also committed to enhancing employment opportunities for Aboriginal and Torres Strait Islander people, so we enthusiastically encourage candidates from these backgrounds to apply and explore our Reconciliation Plan on our website.

Ready to create your tomorrow?

If you’re someone who sees opportunity where others see challenge, come and work with us in smart, progressive ways as we transform an iconic Australian brand for the future. And, through a series of career-defining moments, create your own tomorrow.

Don’t procrastinate! We review applications when we get them, and if we discover the ideal candidate, we may close the role earlier than the advertised close date.

Looking forward to meeting you.

AMP (amp.com.au) Melbourne, Victoria, AUS Office

750 Collins St, Melbourne, Victoria, Australia, 3008

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