Annuity Product Manager (Hybrid)

Guardian Life Insurance•Holmdel Township, NJ

9d•$103,450 - $169,960•Hybrid

About The Position

You will serve as a technical subject matter expert on the Annuity Product Management and Development Team and provide system expertise in all aspects of the design, development, maintenance, launch, and sale of Guardian’s individual annuities while working with large and diverse cross-functional teams and outside business partners and vendors.

Requirements

Expert-level knowledge of annuity product design, administration systems, and product configurations.
BA/BS+ or equivalent work experience
Strong writing and proofreading skills
10+ years in financial services
5+ years working with policy administration systems
Advanced skill level in MS Office (Word, Excel, and PowerPoint)
Must be legally authorized to work in the United States, without the need for employer sponsorship/support now or at any time in the future.

Nice To Haves

Proven experience leading the implementation of new product launches and enhancements.

Responsibilities

Lead the development of detailed specifications for new annuity products and enhancements, driving consensus among cross-functional stakeholders on product features, business rules, and system functionality while managing the development lifecycle and communicating requirements, updates, and changes.
Evaluate new product concepts for operational and technical feasibility.
Review and approve contract, rider, and prospectus language for consistency with product specifications.
Develop and maintain illustration systems.
Review and approve test cases developed by the ESQA and IT teams, ensuring validation of new product features, calculations, business rules, contract values, workflows, and system functionality.
Identify testing gaps, request additional test scenarios as needed, communicate defects and approve testing results upon successful validation of product requirements.
Act as a liaison between the Product and Technology teams, leveraging deep expertise in annuity products and Transcend administration to translate business requirements into ALIP configuration and design.
Lead the design, development, implementation, and ongoing maintenance of client-facing (regulatory required) communications, including transaction confirmations, quarterly statements, annual statements, and other required disclosures.
Partner with IT (ECM), Operations, Compliance, and Legal teams to define business requirements, and ensure accurate representation of product features, values, calculations, and regulatory content across all client and financial rep platforms (Client portal, Client Manager).
Participate in the weekly deployment of annuity (FIA, RILA, SPIA, DIA, and SPDA) product new business and renewal rates across multiple administration and illustration systems.
Update spreadsheets for In-Force rates using rate data provided by Investments/Actuarial.