Chief Product Officer

The Chief Product Officer (CPO) leads the development pricing and lifecycle management of John Hancocks insurance product portfolio with end-to-end accountability for product strategy innovation financial performance and market acceptance. This executive delivers real customer value differentiates John Hancock in the marketplace adheres to rigorous risk management guidelines and proactively monitors key pricing drivers such as expense investment performance and mortality. The CPO drives substantial sustained and profitable business growth leverages AI and advanced analytics and fosters a culture of collaboration and creative problem-solving.

The CPO leads a large diverse Product Development team composed of experienced professionals including actuaries product managers project managers solution owners competition specialists technology experts and contract experts. The Product Development Team drives new solutions across all functions and business capabilities ensuring launch readiness through close coordination with Marketing Sales & Distribution Operations and IT and then monitors in-market reaction taking appropriate post-launch actions to ensure market success.

Position Responsibilities:

Strategic Leadership & Business Growth

• Set and execute product strategy to achieve substantial and sustained growth financial performance targets and marketplace differentiation.

• Fully align product actions with companys overarching ambition to help customers live longer healthier better lives through insurance solutions and strategic partnerships.

• Maintain deep understanding of product risks success levels and competitive dynamics.

• Champion the use of AI and data analytics to enhance product design pricing and customer experience.

• Oversee the competitive positioning of all products in market working closely with Marketing and Sales & Distribution to ensure product messages resonate

• Serve as accountable business owner for the life insurance application illustration and administration platforms.

• Play a pivotal role in setting overall business strategy collaborating with executive leadership and technical teams to find creative solutions to complex challenges.

• Take decisive actions whenever necessary to ensure business remain on track for sustainable growth in the face any emerging threats.

Product Development & Innovation

• Lead end-to-end product development and pricing with direct influence on marketing and Distribution.

• Drive breakthrough innovations such as customer engagement programs (e.g. John Hancock Vitality) and methodologies that deliver tangible customer benefits.

• Oversee transformation initiatives that modernize the product portfolio and introduce new value propositions.

• Oversight over new business reinsurance transactions / negotiation.

Risk Management & Compliance

• Ensure all products adhere to company risk management guidelines and regulatory requirements.

• Maintain bottom-line accountability for product portfolio performance and risk oversight.

Talent Development & Team Leadership

• Build and lead high-performing teams of product managers specialists and actuaries.

• Foster a culture of collaboration technical excellence and continuous learning.

• Mentor and develop talent ensuring succession planning and retention of subject matter experts.

Partnership with Distribution

• Ensure products are delivered into market with winning repeatable messages.

• Work in close partnership with Distribution to ensure in-market success of products.

• Align product initiatives with Distributions feedback market insights and sales strategies.

• Support product launches and ongoing market engagement through collaboration with Distribution leadership.

• Monitor product sales practices to ensure products are positioned in market as intended; take swift action whenever necessary.

External Representation & Thought Leadership

• Represent John Hancock externally with advisors distributors and at industry events.

• Deliver compelling sales presentations and thought leadership to promote John Hancocks product innovations.

• Maintain close relationships with distribution partners producers industry experts and influencers who shape perception of products in market.

• Drive breakthrough innovations such as customer engagement programs (e.g. John Hancock Vitality) and methodologies that deliver tangible customer benefits.

• Oversee transformation initiatives that modernize the product portfolio and introduce new value propositions.

• Oversight over new business reinsurance transactions / negotiation.

Required Qualifications:

• 15 years of progressive experience in product development management and leadership roles.

• Proven ability to lead cross-functional teams and deliver breakthrough results.

• University degree in Finance Actuarial Science or other relevant concentration. . MBA or Professional designation such as CA CFA or Actuarial designation would be an asset.

• Working knowledge of insurance pricing.

• 10 years business-related experience including several years of leadership of a product project and/or pricing teams.

• Broad understanding of various distribution channels advisor behavior sales systems target insurance clients and their needs.

• Deep experience with product development and project delivery processes.

• Experience bringing transformational change to market.

• Thorough understanding of the insurance industry and the competitive landscape for financial products.

• Clear grasp of the regulatory environment for insurance and general financial services industry.

• Ability to effectively lead a team across multiple locations.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider helping people make their decisions easier and lives better. To learn more about us visit is an Equal Opportunity Employer

At Manulife/John Hancock we embrace our diversity. We strive to attract develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment retention advancement and compensation and we administer all of our practices and programs without discrimination on the basis of race ancestry place of origin colour ethnic origin citizenship religion or religious beliefs creed sex (including pregnancy and pregnancy-related conditions) sexual orientation genetic characteristics veteran status gender identity gender expression age marital status family status disability or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process contact .

Referenced Salary Location

Salary range is expected to be between

If you are applying for this role outside of the primary location please contact for the salary range for your location. The actual salary will vary depending on local market conditions geography and relevant job-related factors such as knowledge skills qualifications experience and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife/John Hancock offers eligible employees a wide array of customizable benefits including health dental mental health vision short- and long-term disability life and AD&D insurance coverage adoption/surrogacy and wellness benefits and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays 3 personal days 150 hours of vacation and 40 hours of sick time (or more where required by law) each year and we offer the full range of statutory leaves of absence.

Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify