Vice President, Annuity Product Management

You will be working with cross-function teams including IT, legal, compliance, finance, sales, and marketing team.

About The Role

As Vice President, Annuity Product Management at Corebridge, this role is responsible for the strategic development, implementation, and ongoing management of Retirement Services’ annuity products to ensure consistent delivery of profitable offerings that are valued by customers. This role includes collaborating with key internal and external partners to lead the development and rollout of new and enhanced products based upon understanding of market trends, competitive landscape, and client needs.

Responsibilities

• Lead the Annuity Product Management team to execute on new product launches and on-going oversight of Corebridge Retirement Services’ suite of annuity products, including group and individual products across fixed, fixed indexed and variable annuity products.
• Provide Independent Channel support and oversight of Fixed Investment Only business, Market Conduct Exams, and Fixed Account Separate Account responsibilities. 
• Partner cross-functionally with leaders to develop strategic multi-year product roadmaps that match customer needs with compelling products and features.
• Drive the design and implementation of group and individual annuity products to be offered within defined contribution plans and in the rollover market. Conducting market research and competitive intelligence to drive new product designs.
• Maintain expertise around products, operational practices, and industry and regulatory issues.
• Lead and develop a team of Product Managers and Product Analysts
• Manage projects relevant to the expansion of the company’s individual and group product offerings.  Collaborating with cross-functional teams and external parties such as sales distribution, consultants, third-party administrators, and asset managers on product implementation and filing of individual and group products.
• Collaborates with and influences stakeholders, vendors and senior leaders to ensure strategic alignment
• Collaborate closely with departments like marketing, IT, legal, compliance, and sales to ensure synchronized product initiatives.
• Maintains knowledge on current and emerging developments/trends in the retirement space.
• Build cross-functional partnerships with various business units and teams throughout the organization
• Learn new and existing product lines to be able to serve as SME on products and provide expertise and confidence in response to both technical and general questions.

Skills and Qualification

·       Minimum of 15 years of progressively more responsible product management positions within financial services, ideally with significant experience in the annuity business.

·       Strong track record of successfully developing and managing financial products to achieve sustainable increases in revenue and profitability.

·       Strategic thinker with strong analytical and problem-solving skills and the ability to drive tangible results. Able to provide market vision and leadership to drive product development.

·       Ability to successfully blend strategic market leadership and product management skills with a line operating management foundation.

·       Ability to thrive in a fast-paced environment, juggling multiple priorities and deadlines while consistently delivering business results.

·       Highly effective communication, influence management and collaboration skills. Has the confidence, courage and ability to present ideas in a compelling manner but can also listen

and engage in a productive dialogue to find "win/win" solutions.

·       Cross-functional team management & influence skills

Compensation

The anticipated salary range for this position is $150,000 to $160,000 [CA & NJ] at the commencement of employment.  Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors, which may include the candidate’s geographic location, skills, experience and other qualifications. In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.

Work Location

This position is based in Corebridge Financial’s Houston, TX office and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely.

This position can be designated as remote.

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