Senior Annuity Product Consultant (Charlotte, NC (Hybrid) or Remote)
About The Position
As a Senior Annuity Product Consultant, you will be responsible for supporting the development of new annuity products and in-force annuity initiatives. Your involvement in any initiative will vary from one component to its entirety. You will represent Annuity Product Development on cross-company project teams for the development of new individual annuity products, product enhancements, and management of the annuity in-force block. You will partner closely with other areas of the Company to ensure successful and timely implementation of product deliverables, manage day-to-day new product and enhancement issues, and manage the existing block of in-force annuity business and all ad-hoc annuity product requests.
Requirements
- Minimum of 5+ years of annuity product development experience or related experience in annuities.
- Adaptable at working as part of a dynamic team, working independently and with shifting responsibilities.
- Excellent influencing, organizational, facilitation, written/verbal communication, and presentation skills.
- Knowledge of annuity products and the annuity industry.
- Strong negotiation skills and ability to gain consensus and cultivate strategic internal relationships.
- Strong analytical capabilities, financial acumen, and business judgment.
- Strong critical thinking and problem-solving skills.
- Ability to effectively manage several dissimilar projects and prioritize appropriately.
Nice To Haves
- A Bachelor's degree
Responsibilities
- Partner with Distribution and key partners to develop innovative product offerings that grow the annuity business and expand our presence in the market.
- Lead cross-functional working sessions to drive design and pricing resulting in detailed product specifications.
- Partner with Actuarial to support the design and pricing of solutions aligning with our strategy.
- Represent Product as a subject matter expert for all products and riders currently and previously sold.
- Utilize expertise to provide support to internal and external partners related to product mechanics, positioning, and consumer profile.
- Draft written requirements for various new product initiatives, product changes/enhancements, and administrative changes/corrections.
- Assist in the brainstorming and researching of new product concepts and enhancements to our existing products.
- Actively participate in the contract drafting process and partner with members of Contracts and Filing.
- Manage and support annual prospectus review.
- Support the development and review of marketing collateral.
- Partner cross-functionally to develop and assist with training during implementation.
- Build partnerships with key stakeholders, such as Legal, Compliance, Marketing, Operations, and Distribution.
- Work on ad-hoc Product Development projects.
- Establish relationships and credibility across the business to effectively communicate product updates to all levels of the organization.
Benefits
- Base salary ranging from $90,000 to $105,000 plus competitive performance-based incentives
- Flexible Work Environment – Work remotely or in the office
- Minimum of 20 days of paid time off
- 16 paid company holidays per calendar year
- Paid volunteer time
- Paid study time
- 401(k) savings plan with company match (up to 6%)
- Annual company nondiscretionary contribution (3%)
- Financial counseling services
- Competitive medical, vision, and dental plans
- Tax-free health savings accounts with potential company contributions up to $1,000 per family
- Up to 16 weeks of paid leave for new parents
- Back-up dependent care
- Dependent care flexible spending account
- Up to a $25,000 lifetime maximum during your adoption, infertility, or surrogacy journey
- Company-paid basic life insurance
- Short-term disability insurance
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
Associate degree
