Director, IRA Product Leader

Transamerica•Cedar Rapids, IA

About The Position

Provides strategic product leadership and support for the development, management, and growth of Transamerica’s core retirement retail advice business portfolio, including solutions offered by the Transamerica Advice Center, with a heavy focus on IRA products and solutions. Develops strategy proposals, product recommendations, and roadmap options for senior leadership consideration and approval, and helps advance approved strategies. Owns competitive insights, market research, and opportunity assessments to inform product direction, innovation, and business growth. The role works across internal functions and with external stakeholders to shape product recommendations, evaluate investments and partnerships, and support initiatives from concept through market launch. It serves as a product subject matter expert and presents strategy, performance, innovation, and investment recommendations to senior leadership. The position is based in an office environment and involves moderate travel of 10–25%, including travel for strategic planning sessions, industry conferences, distributor meetings, client engagements, due diligence activities, and executive leadership meetings.

Requirements

  • Bachelor’s degree in Business, Finance, Marketing, Economics, or a related field, or an equivalent combination of education and experience.
  • 10+ years of progressive product management, product development, product strategy, or financial industry experience.
  • At least 3 years of leadership experience managing product workstreams, cross-functional initiatives, or product professionals.
  • Extensive knowledge of financial or insurance products, plan administration, industry regulations, distribution channels, and market trends.
  • Demonstrated success developing strategy recommendations and supporting complex product initiatives with measurable business, customer, or operational impact.
  • Strong financial acumen, including experience evaluating product profitability, investment returns, business cases, and portfolio performance.
  • Strong strategic planning, analytical, problem-solving, and recommendation-development skills.
  • Strong communication, presentation, collaboration, and influencing capabilities with senior leaders and cross-functional partners.
  • Ability to support organizational change and build cross-functional alignment in complex environments.
  • Ability to establish credibility and influence business partners, senior leaders, and external stakeholders.

Nice To Haves

  • Knowledge of IRA solutions, retirement recordkeeping business, and wealth accumulation products.
  • Applicable retirement or financial services industry designations.
  • Master’s degree in Business Administration (MBA), Finance, Marketing, or a related discipline.
  • Experience leading enterprise product strategy for a large financial services or insurance organization.
  • Experience overseeing multiple product lines and product management teams.
  • Background in innovation management, strategic planning, project/portfolio management, and customer experience design.

Responsibilities

  • Develop product strategy proposals and roadmap recommendations for the core retirement retail advice portfolio, including Transamerica Advice Center solutions, with a heavy focus on IRA, aligning options with growth objectives, customer needs, distribution priorities, and market dynamics.
  • Own market intelligence and competitive analysis, identifying industry trends, regulatory developments, demographic shifts, and disruptive innovations.
  • Evaluate growth opportunities, innovation initiatives, business investments, and partnerships through business cases, financial analysis, and stakeholder input.
  • Partner with Distribution, Marketing, Finance, Operations, Technology, Legal, Compliance, and Risk leaders to shape product strategy, investment priorities, and go-to-market plans.
  • Help drive approved product development initiatives from concept through launch, supporting execution, operational readiness, regulatory compliance, and business objectives.
  • Serve as a product subject matter expert and recommend product direction, market positioning, competitive insights, and growth opportunities to senior leaders.
  • Build and maintain relationships with distributors, consultants, TPAs, vendors, industry organizations, and other external stakeholders to gather insights and identify opportunities.
  • Coach, support, and collaborate with product professionals and cross-functional partners, fostering accountability, collaboration, and continuous improvement.
  • Present strategy proposals, portfolio performance updates, innovation concepts, and investment recommendations to senior leadership forums.

Benefits

  • Competitive pay.
  • Annual bonus eligibility based on the Company Bonus Plan and individual performance, at the Company’s discretion.
  • Benefits package.
  • Pension plan.
  • 401(k) match.
  • Employee stock purchase plan.
  • Tuition reimbursement.
  • Disability insurance.
  • Medical insurance.
  • Dental insurance.
  • Vision insurance.
  • Employee discounts.
  • Career training and development opportunities.
  • Paid time off starting at 160 hours annually for employees in their first year of service.
  • Ten paid holidays per year.
  • Be Well Company holistic wellness program, including Wellness Coaching and Reward Dollars.
  • Paid parental leave for eligible employees with at least one year of service.
  • Adoption assistance.
  • Employee Assistance Program.
  • Back-up care program.
  • PTO for volunteer hours.
  • Employee matching gifts program.
  • Employee Resource Groups.
  • Inclusion and diversity programs.
  • Employee recognition program.
  • Referral bonus programs.
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