Corporate Vice President, Guaranteed Income Annuities Product Manager

New York Life•New York, NY

1d•$160,000 - $228,500•Hybrid

About The Position

New York Life is seeking an experienced strategic leader to own the strategy, development, and ongoing management of its Guaranteed Income Annuities product suite within Retail Annuities. The suite includes Single Premium Immediate Annuities (SPIA), Deferred Income Annuities (DIA), Mutual Income products, and Clear Income Advantage. The role sets the long-term product vision, leads cross-functional initiatives, and supports the company's competitiveness and growth in the income annuity marketplace. It reports to the Head of Retail Annuities Product Management. The position leads the product roadmap and development lifecycle, from ideation, consumer research, and business case development through regulatory approval, implementation, and post-launch management. It serves as the senior subject matter expert and business owner for the product line, advises executive leadership and other stakeholders, manages and develops product professionals, builds senior-level relationships with distribution partners and third parties, and leads product education, governance, and distribution onboarding efforts.

Requirements

10+ years of experience in annuity product management, product development, or related financial services roles, with demonstrated progression into senior or leadership positions.
Proven track record leading product strategy and development for complex financial products.
Deep expertise in income annuity products, including SPIA, DIA, product design, pricing concepts, and the regulatory environment.
Experience managing and developing teams, with strong leadership and people management skills.
Exceptional written and oral communication skills, including the ability to synthesize complex topics and influence senior stakeholders.
Strong business acumen and understanding of annuity economics, competitive positioning, and distribution markets.
Demonstrated ability to drive large cross-functional initiatives in a matrixed organization.
Ability to balance long-term strategic vision with disciplined execution in a deadline-driven environment.
Strong collaboration and relationship-building skills across diverse teams.
Bachelor's degree required.
FINRA licensed and/or FINRA Associated Person pre-hire fingerprinting is required.

Nice To Haves

Experience in the income annuity or retirement income space.
FSA or CFA designation strongly preferred.

Responsibilities

Own and drive long-range product strategy, development, and the roadmap for the Guaranteed Income Annuities suite, including SPIA, DIA, Mutual Income, and Clear Income Advantage.
Lead product development from strategic ideation, consumer research, and business case development through regulatory approval, implementation, and post-launch management.
Serve as the senior subject matter expert and business owner for the guaranteed income annuity product line, advising executive leadership, distribution, and enterprise stakeholders.
Define and communicate an analytically informed product vision aligned with consumer needs, market opportunities, competitive dynamics, and company objectives.
Lead and manage product management professionals, including mentorship, direction, and career development.
Build and maintain senior-level relationships with distribution partners, third-party firms, and industry stakeholders to support adoption and distribution growth.
Prepare and deliver presentations and recommendations to executive leadership on product strategy, market trends, competitive positioning, and new product initiatives.
Oversee competitive intelligence and monitor industry trends, competitor products, and regulatory developments.
Partner with marketing, legal, compliance, IT, actuarial, finance, and sales leadership to execute product initiatives.
Lead education and training for sales specialists and distribution partners on products, new concepts, and sales strategies.
Drive product governance approvals and onboarding at strategic third-party distribution firms, including senior-level relationship management and negotiations.