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. Qualifications 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. Additional Information 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!