Live opening · Posted 3 days ago

VP, Product Management, Leaves & Disability, & Supplemental Health

ALA Voya Retirement Insurance and Annuity Company · Minneapolis, MN
Workday
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At a glance

The key details from the original listing.

Posted 3 days ago
CompanyALA Voya Retirement Insurance and Annuity Company
LocationMinneapolis, MN
SkillsProduct Management
SourceWorkday
ListedPosted 3 days ago

About the role

Description supplied by the original job listing.

Together we fight for everyone’s opportunity for a better financial future.
We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.
Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.
Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage – Apply Now
The Vice President, Product Management, Leaves & Disability, & Supplemental Health is responsible for the strategic direction, growth, profitability, and market leadership of Voya's portfolio of absence, disability, and supplemental health. Reporting to the Head of Employee Benefits Product, this executive will lead product strategy, innovation, and lifecycle management while partnering closely with Distribution, Underwriting, Pricing, Actuarial, Operations, Technology, Client Management, and Risk functions.
This role serves as the enterprise leader for these product lines, ensuring Voya delivers differentiated solutions that address employer and employee needs, drive growth, improve customer outcomes, and strengthen Voya's competitive position in the market.
Key Responsibilities
Product Strategy & Business Leadership
Develop and execute the long-term product strategy and roadmap for Leaves & Disability, & Supplemental Health.
Establish growth objectives, market expansion strategies, and profitability targets across the product portfolio.
Monitor industry trends, legislative and regulatory developments, customer needs, and competitive dynamics to identify emerging opportunities and risks.
Lead the development of innovative product solutions and service offerings that enhance Voya's value proposition and market differentiation.
Partner with executive leadership to establish strategic priorities, investment decisions, and business plans.
Product Management & Innovation
Oversee the full product lifecycle, including product design, enhancement, pricing strategy, implementation, and sunset decisions.
Evaluate market opportunities and business cases for new products, features, and capabilities.
Partner with Technology and Operations leaders to prioritize product investments and digital capabilities.
Drive innovation initiatives related to absence management, disability management, supplemental health products, commuter benefits, and related health account solutions.
Ensure products remain competitive, compliant, scalable, and aligned to customer expectations.
Financial Performance & Portfolio Management
Maintain accountability for product line growth, revenue, profitability, market share, and customer retention objectives.
Partner with Finance, Pricing, Underwriting, and Actuarial teams to develop pricing strategies and profitability management programs.
Establish and monitor key business metrics, product performance indicators, and operational effectiveness measures.
Lead annual business planning, forecasting, and portfolio optimization activities.
Cross-Functional Leadership
Serve as the primary product leader across key enterprise stakeholders, including Distribution, Underwriting, Operations, Technology, Legal, Compliance, and Client Management.
Drive alignment across functional areas to ensure successful delivery of business objectives and customer outcomes.
Partner with Distribution leadership to develop market positioning, sales enablement strategies, and producer education programs.
Support strategic client and prospect engagements, including finalist presentations, executive meetings, and key growth opportunities.
Market & Customer Leadership
Serve as an executive spokesperson and subject matter expert for assigned product lines.
Build and maintain relationships with brokers, consultants, strategic partners, customers, and industry organizations.
Represent Voya at industry conferences, leadership forums, customer events, and partner meetings.
Leverage customer feedback, market research, and industry insights to guide product decisions and service enhancements.
Regulatory & Risk Management
Ensure compliance with applicable regulatory and legislative requirements affecting disability, absence, and supplemental health.
Partner with Legal, Compliance, and Risk Management teams to assess emerging risks and implement appropriate controls.
Lead product governance activities and ensure adherence to Voya's product management standards.
Talent Leadership
Build, lead, and develop a high-performing product management organization.
Foster a culture of innovation, accountability, collaboration, and continuous improvement.
Establish clear performance objectives, succession plans, and development opportunities for team members.
Coach and mentor future leaders within the organization.
Knowledge & Experience
Bachelor's degree required; MBA or advanced degree preferred.
15+ years of progressive leadership experience within employee benefits, health benefits, disability, absence management, health accounts, insurance, or related industries.
Deep expertise in one or more of the following areas: Disability, Absence Management, Supplemental Health, or related employee benefit solutions.

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