Associate Director, Stop-Loss Product Development

Sun Life U.S. is one of the largest providers of employee and government benefits, helping approximately 50 million Americans access the care and coverage they need. Through employers, industry partners and government programs, Sun Life U.S. offers a portfolio of benefits and services, including dental, vision, disability, absence management, life, supplemental health, medical stop-loss insurance, and healthcare navigation. We have more than 6,400 employees and associates in our partner dental practices and operate nationwide.

At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful.

When you join Sun Life, you'll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients' lives.

Visit our website to discover how Sun Life is making life brighter for our customers, partners and communities.  

Sun Life embraces a hybrid work model that balances in-office collaboration with the flexibility of virtual work in the contiguous states plus AK.

The opportunity: We are seeking an Associate Director, Stop-Loss Product Development to support the design, development, and execution of our stop-loss and risk-based product strategy for self-funded employers.
 

This role leads defined product initiatives and workstream within the broader product portfolio, contributing to innovation, growth, and ongoing competitiveness. This role combines hands-on execution, cross-functional leadership, and subject matter expertise, with opportunities to independently lead discrete product initiatives while operating within a Director-led strategy and governance framework.

How you will contribute:

• Lead and support the end-to-end development of product initiatives, including concept development, design, implementation, launch, and post-launch evaluation.
• Independently manage defined product enhancements, features, and programs aligned to product strategy, timelines, and governance.
• Partner across underwriting, actuarial, claims, finance, legal, state filing, marketing, client experience, client services, clinical, L&D, and technology to execute initiatives.
• Coordinate with external vendors and partners to support product delivery and implementation.
• Monitor product performance using financial and operational metrics and recommend enhancements to improve outcomes.
• Identify and implement process improvements to strengthen product development efficiency and effectiveness.
• Serve as a subject matter expert on stop-loss products, supporting internal training, materials, and business enablement.
• Partner with distribution teams to support growth, client engagement, and market expansion efforts.
• Monitor industry, legislative, and competitor trends and support execution of product strategy and change initiatives.
• Leverage data, analytics, and AI tools to support product research, development, and performance insights.

What you will bring with you:

• Ability to work with a diverse range of people.
• 5+ years of experience in stop-loss, self-funded healthcare, or related risk-based insurance products.
• Experience in product development, product strategy, or project leadership within a complex, matrixed environment.
• Strong understanding of stop-loss market dynamics, product design, and financial performance drivers is preferred.
• Bachelor’s degree is highly preferred
• Demonstrated ability to lead cross-functional initiatives and influence without direct authority.
• Ability to operate independently while aligning to broader strategic direction and governance.
• Strong analytical, problem-solving, and data interpretation skills.
• Excellent communication and collaboration skills, with the ability to influence across teams.
• Strong organizational and execution skills, with the ability to manage multiple priorities.
• Working knowledge of project manag