Hybrid Director, Product Development

Posted 1 hour ago

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About the role

  • Director of Product Development responsible for enhancing stakeholder value and product differentiation at Corebridge Financial. Partnering with cross-functional teams to innovate and drive sales within the annuity market.

Responsibilities

  • Maintain key focus of product development efforts on concepts that enhance stakeholder value
  • Develop early-stage product concept documentation that will both help to socialize new initiative work and will evolve through the iterative product development process
  • Partner closely with functional counter parties to navigate both the feasibility and viability phase of the product development lifecycle
  • Organize and maintain the product concept pipeline and ensure items remain up to date, and concepts are defined enough to be moved forward if prioritized
  • Maintain clear and searchable records of decisions and rationale’ (supporting documentation) to inform future business decisions
  • Onboard and drive adoption of innovation management tools and resources and help facilitate the innovation process and any applicable internal and external ideation crowdsourcing and campaign work
  • Operate with a level of skepticism when intaking and developing new concepts in an effort to “break” the concept and root out issues
  • Support the downstream product lifecycle from implementation to post launch support as necessary

Requirements

  • Bachelor’s degree in business, tax, financial services or related studies
  • Minimum of 10+ years of annuity industry experience
  • Understanding of annuity functional impacts to new product development work - anticipate issues and contemplate solutions
  • Working knowledge of annuity industry operational processes
  • Ability to perform quantitative and qualitative analysis of new product development initiatives
  • Strong executive presence
  • Experience in leading without authority and influence change across an organization
  • Deep understanding of the annuity market, annuity products, annuity sales process, sales drivers, internal business process flows and administrative platforms
  • Ability to identify business risks and concerns while evaluating product concepts – early engagement with controls functions
  • Demonstrated creative problem solving
  • Strong relationship skills
  • Natural collaborator with the ability to bring various functions together to drive decisions
  • Ability to think like a business owner
  • Actuarial background a plus

Benefits

  • Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
  • Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
  • Employee Assistance Program: Confidential counseling services and resources are available to all employees.
  • Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
  • Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
  • Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Job title

Director, Product Development

Job type

Experience level

Lead

Salary

$110,000 - $115,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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