Assistant Vice President, Product Development – Retirement – Remote
August 27, 2024 by Symetra
Symetra has an exciting opportunity to join our Retirement Product team as an Assistant Vice President, Product Development!
About the role:
As an Assistant Vice President of Product Development, you will lead the annuity product development process for the Retirement Division. You’ll analyze competitor and market data, identify product needs and opportunities, recommend and vet product ideas internally and externally, prioritize and maintain the product development pipeline, conduct indicative product pricing and risk analysis, and create new product specifications and scope for handoff to implementation teams. This position could also involve managing the work of product analysts supporting product development.
Responsibilities
- Manage overall RD product development process, including regular meetings and reports to management.
- Analyze market research and competitive environment to propose product changes and new product development ideas.
- Lead product design and assist in writing product specs for new products or product changes, seeking agreement on product specs with stakeholders.
- Represent Retirement Division externally with regulators, distribution partners, vendors, and industry groups and serve as product expert and evangelist across the organization. May occasionally be involved in product implementation including work related to regulatory filings, product marketing, and system specifications.
- Lead other initiatives or teams related to product development, including but not limited to: product lifecycle management, product launch planning, customer and advisor experience improvements relating to Retirement products.
- May lead a team of product analysts.
Why work at Symetra
“If you want to invest in yourself and build a career, this is a great place to work. If you don’t want to put in the effort to learn the industry and become a student of the business (it takes real effort!), there are easier places to work.” Cris H. – AVP Internal Sales, Training and Development
“Symetra is inclusive of all employees regardless of their personal differences.” Darrell J. – Actuary III
“Symetra values learning. Symetra has so many resources – whether that is the Student of the Business courses, sponsorship of professional certifications, or just individual employees being so willing to teach and answer questions.” Felicia D. – Financial Reporting Lead Senior Analyst
What we offer you
We don’t take a “one-size-fits-all” approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.
- 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
- Want more details? Check out our Symetra Benefits Overview
Compensation
$133,500 – $222,400/annually plus eligibility for annual bonus program
Who you are
- High school diploma required
- Bachelor’s degree or equivalent industry experience required
- 5-10 years experience in annuity product management
- Expert level knowledge of one or more annuity product lines
- Strong understanding of annuity regulation and competitive environments
- FINRA Series 6 license
- Ability to use financial analysis to build business cases for new products or initiatives
- Strong relationship management skills
We empower inclusion
At Symetra, we’re building a place where every employee feels valued, respected, and has opportunities to contribute. Inclusion is about recognizing our assumptions, considering multiple perspectives, and removing barriers.
We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our efforts here.
Creating a world where more people have access to financial freedom
Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future. In our daily work, we’re guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they’re buying, and we design products—and operate our company—to stand the test of time. We’re committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI). Join our team and help us create a world where more people have access to financial freedom.
For more information about our careers visit: https://symetra.eightfold.ai/careers
Work Authorization
Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.