Director, Annuity Product Analysis

Foresters FinancialLas Vegas, NV
7dRemote

About The Position

This role is accountable for in-depth product analysis, recommendation, and implementation of a comprehensive suite of annuity products for the US market. As a product expert, this role will also provide leadership support to a team of product analysts on projects within scope and continue to support Foresters long-term vision and goal. This role will ensure product and contract rules are precisely documented, products are accurately built on our support systems, and ensuing processes are operationally-sound for all product-related initiatives including but not limited to new product initiatives, product enhancements, and in-force product support, as well as oversight on the development, implementation, and management of annuity contract and rider forms.

Requirements

  • Bachelor of Business Administration, International Business, Economics, Accounting, or Mathematics
  • 10+ years in progressive product development or management roles within the annuity industry
  • Understanding of fixed and fixed-indexed annuity products
  • Understanding of annuity distribution characteristics and the sales process for annuities
  • Strong aptitude for data analysis
  • Exceptional problem-solving skills
  • Demonstrated ability to work collaboratively and constructively with a variety of business and IT stakeholders to influence and effect desired outcomes

Responsibilities

  • Lead a team of annuity product analysts responsible for the development of detailed plan designs and detailed product specification documents for all new products, product enhancements, and in-force product support
  • Build, file, and obtain regulatory approval for new products and enhancements to existing products for the US annuity market
  • Oversight for regulatory, taxation, and compliance changes impacting products, IMOs, agents, and members
  • Support new operational process/strategies prior to them becoming a project or an enhancement
  • Bridge the product, process, and technology aspects of any product initiatives to ensure a seamless end-result
  • Subject-matter expert on various non-product initiatives (e.g. new admin, compensation, claims, agent/client portal, back office, and new business systems)
  • Lead US annuity competitive research and intelligence
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