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Principal Product Manager

At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.

What's the role?

At Northwestern Mutual, we’re changing the way people think about financial planning. We’re redefining and disrupting the industry and changing people’s financial lives with better experiences and better technology. We believe in building inclusive, and diverse workplaces, where every voice is heard. Come help us build for the future!

As a Principal Product Manager, you are an expert in your field and drive core product innovation. Your knowledge is both deep and wide and will use that to build the tools and experiences that empower our advisors and help our clients achieve those dreams. You’ll work with a hardworking team of engineers, designers, data scientists and financial experts to define product vision, strategy and deliver experiences that drive business outcomes

In either our Risk Servicing or New Business department, you will lead through a highly visible product management role, representing the core business areas of Northwestern Mutual. Deep experience in risk products, operations and services ecosystems and functions in an insurance company, along with experience with new risk product development efforts is desired for the Risk Servicing role. Deep expertise in New Business process, workflow and capabilities is helpful for the New Business space.

Primary Duties & Responsibilities:

  • Set Product Vision: Accountable for long term vision of a suite of products including multi-year funding strategies tied to business outcomes. Cultivate an understanding of the products.

  • Develop Roadmap: Shared accountability in cross functional strategic roadmaps in addition to the products in their domain. Define and track KPIs for measure of success.

  • Gather Requirements: Accountable for gathering higher level, more complex product requirements - general understanding/knowledge of products in remit. Review and validate requirements gathered within team.

  • Defines Product: Responsible for multiple high complexity products and product features from start to finish.

  • Stakeholdering: Proactive communication and marketing of domain products with partners to ensure product strategy and vision is clear and accepted by the organization.

  • Design Partnership: Where applicable, multi-year design vision - High level design aptitude with understanding of the process and facilitation.

  • Feature Prioritization: Develops and maintains prioritized program backlog of user stories for implementation according to business value or ROI.

  • Data & Customer Research: Inform product decisions with both qualitative and quantitative data on behavior and experimentation.

  • Facilitate Ceremonies: Facilitates the daily Scrums, Sprint Planning Meetings and Sprint Reviews and Retrospectives.

  • Resolution: Identify and resolve issues that may impair the ability to meet strategic, financial, and/or technical goals.

Bring Your Best! What this role needs:

  • 9-14 years of prior experience with at least 9 working in a Product Management Role, with agile team experience.

  • Demonstrated successful cross functional work in previous experience along with excellent communication, interpersonal, time management, and project management experience, strong business acumen and high self awareness/EQ. Along with previous research experience required, influence skills, previous successful leadership partnerships, expertise in translating product requirements into technical requirements, and a high ability to work in ambiguity and solution effectively.

  • Proactively identifies and solves the most complex problems; uses ground-breaking methods to think beyond existing solutions.

  • Knowledge Preferred: Knowledge of the financial services industry, familiar with BI tools, certification or experience with Product Owner or Scrum Master role, experience in leadership or mentorship of a team, multiple years working in complex, cross functional companies managing multiple products and PMs.

  • Education: Bachelor’s degree or equivalent experience.


This job is not covered by the existing Collective Bargaining Agreement.

Required Certifications:

Grow your career with a best-in-class company that puts our client’s interests at the center of all we do. Get started now! 

We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.


We’re excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion.