Vice President - Life Product and Economics – Remote

Symetra

24d • $260,000 - $320,000 • Remote

About The Position

Symetra is seeking an experienced senior leader to serve as Vice President,
Product & Economics for the Individual Life Division (ILD) — the head of product
responsible for setting product direction, governing product decisions, and
bringing enterprise‑level economic judgment to the initiatives shaping ILD’s
long‑term growth and value.

About the role

The VP leads ILD’s product strategy, portfolio direction, and economic
decision-making, ensuring that product choices balance growth ambition,
competitiveness, capital efficiency, and risk management. This leader owns ILD
product governance and product decisions, establishing decision standards,
escalation pathways, and disciplined evaluation criteria. Lead through senior
functional product leaders who drive day-to-day product leadership and
execution, while the VP sets direction, decision standards, and accountability
for outcomes.

In addition, the role strengthens ILD’s forward‑looking insights and
capabilities — including market intelligence, competitive positioning, and the
use of data, analytics, and emerging technologies (AI) to inform decisions and
improve speed to market.

This is an executive leadership role and a member of the Life Leadership Team
(LLT) with regular engagement across ILD and enterprise executives, including
the CEO, CFO, and senior functional leaders.

Requirements

• 15+ years of experience in the life insurance industry with senior leadership roles in product strategy, product development, product management, or similar domains required.
• Deep understanding of life insurance product economics and key tradeoffs.
• Experienced in influencing through senior functional leaders and delivering complex initiatives end to end.
• Strong executive presence with the ability to synthesize complex concepts and influence senior partners.
• Comfort engaging selective external partners (e.g., reinsurers) and supporting strategic negotiations.
• Ability to travel as needed.

Nice To Haves

• Background in actuarial science (FSA/ASA), corporate strategy, or advisory roles a plus.

Responsibilities

• Set ILD’s product strategy and portfolio direction across life insurance offerings.
• Establish clear decision criteria, economic framing, and strategic priorities for product initiatives.
• Own product oversight and product decisions through the Product Committee, ensuring disciplined evaluation, alignment, and timely handling of critical issues as needed.
• Lead via senior functional product leaders who manage day-to-day execution and committee cadence.
• Shape ILD strategy and investment tradeoffs through rigorous economic vetting, scenario analysis, and strategic recommendations.
• Partner across actuarial, underwriting, distribution, and finance to integrate product direction with ILD’s strategic goals and operational capacity.
• Provide senior economic judgment on profitability, customer behavior, risk, capital sensitivity, and reinsurance.
• Guide complex, high impact initiatives where structure matters (e.g., large-case designs, premium financing, executive benefits, BOLI/COLI).
• Partner with Actuarial and Reinsurance leaders to evaluate risk-transfer strategies and long-term value implications.
• Oversee market intelligence and competitive assessment activities.
• Translate market signals, customer insights, and distribution dynamics into clear product actions and positioning recommendations.
• Align product strategy to distribution needs through close partnership with Sales and Business Development.
• Engage selectively with external counterparties (e.g., reinsurers, strategic partners) on initiatives where product economics and structuring require senior level judgment.
• Support key strategic negotiations in partnership with cross-functional leaders
• Strengthen ILD’s use of data, analytics, and emerging capabilities (including AI) to drive data-driven decision-making.
• Find opportunities to modernize product workflows and improve decision speed and operational efficiency.
• Communicate complex product, economic, and strategic topics clearly to executive audiences.
• Serve as a strategic thought partner across ILD and contribute to division wide priorities and investment decisions.

Benefits

• Flexible full-time or hybrid telecommuting arrangements
• Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
• Paid time away including vacation and sick time, flex days and ten paid holidays
• Give back to your community and double your impact through our company matching

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed