Product Manager II

Responsibilities

At Principal, we are looking for a dedicated Product Manager II to join our dynamic team in Pune, Maharashtra, India. This is an outstanding opportunity to lead and mentor a team of product managers while influencing the strategic direction of our products.

Key Responsibilities

• Define and complete product strategy aligned with business and enterprise objectives.
• Use customer, market, business, and partner insights to find opportunities and prioritize investments.
• Define key business outcomes, product requirements, and success measures for assigned products.
• Lead product discovery activities, including problem identification, experimentation, and validation.
• Partner with Build, Engineering, Data, and business teams to deliver customer-centric solutions.
• Own and manage the product roadmap, backlog, prioritization, and delivery of measurable business value.
• Serve as Product Owner for Agile teams and drive effective product delivery through collaboration and dependency management.
• Ensure successful product releases and communicate priorities, progress, risks, and outcomes to collaborators.
• Establish and monitor product health metrics, benchmarks, and business outcomes to support data-driven decision making.
• Build positive relationships with business, technology, operations, and customer-facing collaborators to drive alignment and change readiness.
• Lead, mentor, coach, and develop Product Managers while encouraging a strong product culture across collaborating functions.
• Perform formal staff reporting responsibilities, including performance management, appraisals, goal setting, career development planning, and continuous feedback.
• Drive staffing, recruitment, onboarding, skill development, succession planning, and backup planning activities.
• Periodically assess the health and maturity of the product management practice and drive continuous improvement initiatives.
• Contribute to organizational initiatives, talent development programs, communities of practice, and enterprise-wide product excellence efforts.

Requirements

• Bachelor's Degree or equivalent experience.
• 10+ years of overall professional experience in Product Management experience in a highly collaborative, Agile environment.
• Demonstrated experience managing products through the full product lifecycle, including strategy, discovery, delivery, assessment, and optimization.
• Experience defining product vision, roadmap, and success metrics.
• Strong collaborator management and relationship-building skills.
• Demonstrated ability to lead, influence, negotiate, and drive alignment across cross-functional teams.
• Experience applying qualitative and quantitative data to guide decisions and prioritize investments.
• Proven ability to manage competing priorities in a fast-paced environment.
• Experience working with Agile/Scrum product teams and product ownership responsibilities.
• Exposure to customer-centric product development, experimentation, and outcome-based delivery models.

Preferred Skills

• Excellent verbal and written communication skills.
• Strong facilitation, collaborator engagement, and prioritization capabilities.
• Experience with Agile delivery frameworks (Scrum, Kanban, Lean Product Management).
• Experience working in legacy as well as cloud-based platforms and modern digital product ecosystems.
• Hands-on experience with Jira, Confluence, Miro, Azure DevOps, or similar product management tools.
• Strong analytical and problem-solving capabilities.
• Data-driven decision-making approach.
• Experience leading cross-functional initiatives and influencing without authority.
• Ability to mentor and develop team members while driving organizational outcomes.
• Join us at Principal and be part of a team that values innovation, collaboration, and a drive for excellence. Let's build the future together!