Senior Product Manager in Chicago, United States of America | Product Management at Morningstar

Morningstar Inc

Hybrid

Quick summary

Work type
Hybrid
Location
Chicago, IL
Salary
$121,400–$186,150 / yr
Posted
25 days ago

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $196k
This role $154k
$108k most similar roles pay here $242k

This role pays less than 88% of similar roles. Most pay $170,000–$221,750 — the shaded band above. At the midpoint, this role pays about $154k versus about $196k for comparable roles.

Based on 238 similar postings.

Employer

About Morningstar Inc

Morningstar, Inc. is a leading financial services firm providing independent investment research, data, and management services to individuals, advisors, and institutions.

Morningstar Inc currently has 15 open roles on FindRole.

Listed pay typically runs $114,100–$167,350 across 15 roles with salary data.

Most-posted roles

View all roles at Morningstar Inc

At a glance

TL;DR · Senior Product Manager in Chicago, United States of America | Product Management at Morningstar

Morningstar is seeking a Senior Product Manager to join its Managed Accounts group, focusing on enhancing the Retirement Manager Engagement Platform. This data-focused role involves owning the engagement platform strategy for managed accounts, translating product workflows into event-driven opportunities and ensuring seamless user experiences across multiple recordkeepers. Key responsibilities include defining behavioral data models, segment taxonomy, and experimentation strategies while partnering with engineering, marketing operations, and compliance to ensure scalable and compliant engagement solutions. The ideal candidate has extensive experience in product development, strong analytical skills, hands-on experience with event-based data models, and a track record of improving user engagement metrics. Familiarity with customer engagement platforms like Braze is beneficial for this role within the regulated retirement services domain.

What you'll do

  • Own the engagement platform strategy for managed accounts, ensuring it supports product goals and outcomes.
  • Define and own canonical engagement success metrics using event-level data to prioritize improvements.
  • Lead A/B testing strategy, including hypothesis design and winner analysis, to continuously improve engagement outcomes.
  • Establish governance rules to prevent message conflicts and ensure a coherent user experience across multiple surfaces.
  • Partner with Engineering on event instrumentation and integrations supporting managed account engagement.
  • Ensure product management can trigger personalized, compliant engagement without ongoing engineering dependency once setup.
  • Own platform level quality and governance standards for managed accounts engagement.

What we're looking for

  • Minimum six years of senior-level product management experience, owning platforms or shared capabilities.
  • Proven ability to prioritize and execute tasks in a fast-paced environment with strong communication skills.
  • Demonstrated experience as a data-focused product manager, owning metrics and using behavioral data for prioritization.
  • Hands-on experience with event-based or behavioral data models and strong analytical fluency (funnels, cohorts).
  • Track record of managing cross-functional stakeholder relationships without direct authority in regulated environments.

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