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Product Manager, Term Life

Royal Bank of CanadaRoyal Bank of Canada·Financial Services

Compensation

$67,000 - $110,000/year

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Posted

Today

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About the role

Job Description

What is the opportunity? 

Our product management team is looking for passionate individual to manage RBC Insurance's Term Life line of business.  This includes ongoing maintenance as well as enhancements to existing products ensuring effective management of each product through its life cycle.  The role acts as a subject matter expert for all Term Life product information, supports the attainment of our strategic objectives, and greatly influences the brand reputation for RBC Life Insurance Company.

What will you do?

•Collaborate with the individual product development team and product enablement team to ensure this product line meets performance expectations

•Manage day to day product management activities, including but not limited to addressing advisors’ inquiries and exception requests

•Understanding key drivers of financials for this line of business

•Monitoring performance against KPIs and partner with stakeholders to address trends or issues

•Conduct performance analysis on a needed basis to identify opportunities for improvement and efficiency

•Accountable for product related reporting and risk assessment to ensure compliance with legal, regulatory and compliance requirements

•Collaborate with cross functional partners - including product development, product enablement, pricing, sales, marketing, operations, IT and digital to implement enhancements and resolve product issues

 What will you need to succeed? 

•3 to 5 years of experience in life insurance produce management, preferably with Term products

•Solid understanding how life insurance products work

•Proven ability working with reports, monitoring KPI and proposing action plans

•Strong interpersonal and organizational skills while fostering teamwork

•Ability to work either independently in a fast-paced, dynamic environment

•Strong collaboration and influencing skills

•Proficiency in MS Office suite of software

What's in it for you? 

•A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans

•Competitive pay and high-earning potential

•All the tools, training, and team support you need to grow your career

•Flexible work/life balance options

•RBCI software tools to boost your productivity

RBC is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first.

Job Skills

Communication, Conceptual Thinking, Knowledge Organization, Long Term Planning, Performance Management (PM), Product Services, Service Request Management

Additional Job Details

Address:

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

City:

Mississauga

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

INSURANCE

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-06-10

Application Deadline:

2026-06-24

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

$67,000.00 - $110,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Skills & Tags

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Aplyr's read

Royal Bank of Canada stands as a financial giant in North America, attracting professionals in AI, digital transformation, and regulatory compliance.

Synthesized from recent postings & public sources

What's promising

  • RBC's strong market position in North America provides stability and growth opportunities.
  • The bank invests heavily in AI and digital transformation, offering cutting-edge roles.
  • RBC's diverse financial services cater to a broad client base, enhancing career variety.

What to watch

  • Regulatory scrutiny in the financial sector can impact operations and job stability.
  • Adapting to rapid technological changes may challenge some employees.
  • High competition in the financial industry could pressure profit margins.

Why Royal Bank of Canada

  • RBC's focus on AI modernization differentiates it in the financial services sector.
  • The bank's commitment to sustainability reporting highlights its forward-thinking approach.
  • RBC's extensive role variety in finance transformation attracts diverse talent.

Aplyr’s read is generated by AI from public sources. Was it useful?

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About Royal Bank of Canada

Royal Bank of Canada

Royal Bank of Canada

View company

Royal Bank of Canada (RBC) is one of Canada's largest banks and a leading financial services provider in North America, offering a wide range of financial products and services to personal, business, and institutional clients.

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