Senior Product Manager - Defined Contribution
Empower Waltham, Massachusetts, United States · $125K–$182K/yr
Financial Services · 10,001+ employees
About the role
The Senior Product Manager will define and execute product strategy for retirement solutions, specifically focusing on MEPs, PEPs, and PEO distribution. They will lead cross-functional teams to manage the product lifecycle from concept through launch while monitoring performance and ensuring regulatory compliance.
What they look for
Requirements
Candidates must have a bachelor's degree and at least 7 years of product management experience within the financial services industry. Strong strategic thinking, communication skills, and experience with retirement products and Agile methodologies are required.
Benefits
Full description
Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.
Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.
This Senior Product Manager identifies, develops, and delivers strategic product initiatives with a focus on Multiple Employer Plans (MEPs), Pooled Employer Plans (PEPs), and Professional Employer Organization (PEO) distribution strategies. This role is responsible for defining product strategy, managing the product lifecycle, and driving cross-functional execution to deliver innovative retirement solutions that support business growth and client success.
What You Will Do
- Partner with leadership to define and execute product strategy aligned with short- and long-term business objectives.
- Own and prioritize the product roadmap by balancing business goals, client needs, competitive insights, organizational commitments, and development timelines.
- Lead cross-functional collaboration across Product, Technology, Operations, Sales, Service, Marketing, Legal, Compliance, Risk, and Product Deployment to align priorities, evaluate tradeoffs, and deliver successful outcomes.
- Define product vision, business requirements, epics, features, and development scope, ensuring clear requirements and effective communication with development teams.
- Drive the end-to-end product lifecycle from concept through launch and ongoing enhancement, ensuring timely, high-quality delivery.
- Establish and monitor key performance indicators (KPIs), evaluate product performance, and recommend enhancements to improve business and client outcomes.
- Partner with Product Deployment and Marketing to develop go-to-market strategies, launch plans, client communications, sales collateral, RFP content, and product documentation.
- Ensure products comply with applicable regulatory, legal, compliance, and risk requirements throughout the product lifecycle.
- Analyze market trends, competitive offerings, and client feedback to identify product enhancements and new market opportunities.
- Partner with Sales, Service, and Product Deployment teams to drive product adoption, client value, and business impact.
What You Will Bring
- Bachelor's degree or equivalent combination of education and relevant experience.
- 7+ years of product management, product development, or related experience within the financial services industry.
- Strong product strategy, roadmap, and product lifecycle management experience.
- Excellent written, verbal, and presentation skills with the ability to communicate effectively across all levels of the organization.
- Strong analytical, problem-solving, and strategic thinking skills.
- Experience collaborating with cross-functional teams in a matrixed environment.
- Experience supporting digital communication channels and digital product capabilities.
- FINRA fingerprinting required upon hire.
What Will Set You Apart
- Experience with defined contribution retirement products.
- Direct experience with Multiple Employer Plans (MEPs), Pooled Employer Plans (PEPs), and Professional Employer Organization (PEO) partner relationships.
- Experience managing strategic product initiatives and cross-functional projects.
- Experience managing vendor and partner relationships.
- Experience working in Agile, Scrum, or similar product development methodologies.
- Experience using product management and collaboration tools such as Jira, Confluence, Azure DevOps, or Aha!
- Strong understanding of the retirement marketplace, including employers, employees, and intermediaries.
- Demonstrated ability to influence internal and external stakeholders and build collaborative relationships across all levels of the organization.
***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***
What we offer you
We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.
- Medical, dental, vision and life insurance
- Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
- Tuition reimbursement up to $5,250/year
- Business-casual environment that includes the option to wear jeans
- Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
- Paid volunteer time — 16 hours per calendar year
- Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
- Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.
Base Salary Range
$125,400.00 - $181,875.00
The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.
Equal opportunity employer • Drug-free workplace
We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.
***For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***
Job Posting End Date at 12:01 am on:
08-16-2026
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