Head of Product and Strategy - Retirement & Wealth Remote

Millennium Trust Company, LLC

Oak Brook, IL(remote)

JOB DETAILS
SKILLS
Business Case, Capital Allocation, Competitive Analysis/Strategy, Corporate Planning, Customer Acquisition, Customer Experience, Customer Relations, Customer Retention/Renewal, Due Diligence, Establish Priorities, Finance, Leadership, Management Strategy, Market Analysis, Marketing, Marketing Strategy, Mergers and Acquisitions, Product Development, Product Lifecycle, Product Management, Product Planning, Product Pricing, Product Profitability, Product Programs, Product Strategy, Resource Utilization, Return on Investment (ROI), Revenue Growth, Sales, Strategic Planning, Technical Operations
LOCATION
Oak Brook, IL
POSTED
9 days ago

The Head of Product & Strategy will report to the President, Retirement & Wealth and serves as a key member of the R&W Executive Leadership Team (ELT). This role is responsible for defining and driving the end-to-end product and strategic agenda to accelerate growth, enhance client value and differentiate Inspira in the marketplace. Focus areas include; ownership of the product strategy and growth pipeline for Retirement & Wealth (R&W) - building the product roadmap, leading market and competitive analysis, and identifying organic and inorganic growth opportunities. The Head of Product & Strategy partners directly with the President and R&W leadership to turn strategy into an executable plan and serves as the primary leader on product and growth decisions for the business. This is a pivotal leadership role at a moment of transformation for Inspira, offering the opportunity to shape the future of our R&W business, drive meaningful growth, and build differentiated product capabilities.

Duties & Responsibilities:

  • Owns the R&W product strategy and roadmap, prioritizing investment against market opportunity and client need
  • Leads market sizing, competitive analysis, and strategic planning, translating findings into clear recommendations for the President and R&W leadership
  • Builds and manages the R&W growth pipeline, including organic initiatives and M&A targets, partnering with Corporate Development on evaluation and due diligence
  • Partners with Finance, Technology, and Operations leadership to align product strategy with R&W's operating model and resourcing
  • Partners with finance on pricing and packaging strategies
  • Leads through influence across Technology, Operations, Sales, Marketing, and Client Experience to align execution with product and strategic priorities
  • Develops board- and leadership-level strategic materials and business cases
  • Builds and scales innovation capabilities, including ideation, experimentation, and rapid testing
  • Leads digital/product transformation initiatives to modernize the portfolio and client experience
  • Defines and evolves the department's operating model
  • Builds and develops a high-performing team across product management and strategy
  • Implements best-in-class product management practices, tools, and governance
  • Other duties as assigned.

Accountabilities:

  • Enterprise product strategy and roadmap prioritization
  • Annual and multi-year strategic planning for R&W
  • Product portfolio performance (revenue, adoption, margins)
  • Build/buy/partner decisions
  • Governance of product lifecycle (incubation launch optimization sunset)
  • Delivering product-led revenue growth and improving product-level profitability
  • Finance partnership to define investment cases, ROI, and capital allocation across initiatives
  • Engaging relationships directly with clients, partners, and the market to inform strategy and validate product direction
  • Key representative of Inspira in industry forums and with key external stakeholders

Measures of Success:

  • Revenue growth tied to product initiatives
  • Client acquisition, retention, and engagement
  • Speed to market / cycle time improvements
  • Product adoption and utilization
  • Portfolio ROI and margin improvement
  • Innovation pipeline health

About the Company

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Millennium Trust Company, LLC