Bright House Financial, LLC

Head of Annuity Product Development

Bright House Financial, LLC$260K — $300K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Strong knowledge of various annuity products including Variable, Fixed Indexed, and Fixed Income annuities
  • Deep understanding of annuity industry trends and market demands
  • Process-driven leader skilled at solving complex problems creatively
  • Ability to handle multiple long-term projects and short-term tasks simultaneously
  • Experience in building relationships and influencing decisions across organizational levels
  • 10+ years in senior product management roles focused on financial services
  • Undergraduate degree required; MBA preferred
  • Exceptional oral and written communication skills.

Responsibilities

  • Drive annuity product design by analyzing customer needs and market trends
  • Develop product strategy aligned with sales and marketing goals
  • Collaborate across the organization to design and introduce new annuity products
  • Craft consistent messaging for the suite of retirement solutions
  • Partner with Distribution and Pricing teams to create competitive products meeting financial targets
  • Work across departments to develop solutions aligned with the company's mission
  • Support and enhance existing annuity products to create additional client value
  • Foster an inclusive work environment and manage department budget.

Benefits

  • Flexibility to work remotely or in the office
  • Minimum of 20 days paid time off plus 16 paid holidays annually
  • 401(k) with up to 6% company match and annual 3% contribution
  • Comprehensive health plans including medical, vision, and dental
  • Up to 16 weeks of paid leave for new parents and support for adoptions and surrogacy
  • Company-paid basic life and short-term disability insurance.
Full Job Description
Where you'll work:
Our flexible, hybrid work model offers the option to work remotely or in the office.

How you'll contribute:

This role is primarily responsible for the design and development of new Brighthouse annuity products and the ongoing evolution of existing annuity products. Drive the design and development of annuity product solutions in support of the company's growth strategy by partnering with leadership across the company to ensure alignment between the company's strategic objectives. Represent the organization as we seek external partnerships to further drive product distribution. Develop product solutions in partnership with various leaders to ensure long-term growth and competitiveness of the organization.

In this role, you'll get to:
  • Drive future annuity product design by developing a deep understanding of customer needs, industry and retirement trends, risk management and regulatory issues impacting our business.
  • Develop product strategy in support of the company's sales and marketing goals.
  • Ensure partnership across the enterprise in the design and development of new annuity products including the creation of new business development opportunities.
  • Ensure consistent and compelling product messaging for our suite of retirement solutions
  • In partnership with Distribution Leadership and the Head of Pricing, design and develop competitive annuity products that meet company financial targets
  • Works across the Distribution, Client Solutions, Technology, Finance and Legal organizations to develop solutions in line with the organization's mission and business strategy.
  • Provide support for inforce annuity products and seek opportunities to create additional value that considers clients, advisors, firms, and company.
  • Be a talent leader by creating an inclusive work environment where employees can thrive.
  • Manage department operating budget.


We're looking for people who have:
  • Strong knowledge of annuity products including Variable, Fixed Indexed (FIA), Registered Index-linked, and Fixed & Income annuity products
  • Deep understanding of annuity industry and marketplace including trends and market demands
  • Process driven leader with proven ability to find creative solutions to complex problems
  • Capable of effectively handling multiple long-term projects and short-term ad hoc tasks at the same time
  • Proven ability to develop and maintain strong relationships with associates and partners outside of direct chain of command and to drive and influence decisions in these areas.
  • 10+ years of experience in developing and designing compelling financial services products in senior product management role(s)
  • Undergraduate degree required, MBA or other advanced degree preferred.
  • Exceptional oral and written communications skills


Research shows some people may not apply for a role if they don't check all the boxes of a job description. If you don't check every box listed, that's okay. We would love to hear from you.

What you'll receive:
  • Compensation - Base salary ranging from $260,000 to $300,000 plus competitive performance-based incentives determined by company and individual results.
  • Flexible Work Environment - Work remotely or in the office to better thrive in all areas of life.
  • Paid Time Off - Recharge with a minimum of 20 days of paid time off and 16 paid company holidays per calendar year plus paid volunteer time and paid study time.
  • Financial Health - Work toward achieving your financial goals through our 401(k) savings plan with company match (up to 6%) and annual company nondiscretionary contribution (3%).
  • Health and Wellness - Enjoy competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family.
  • Family Support - Care for loved ones with up to 16 weeks of paid leave for new parents, back-up dependent care, dependent care flexible spending account, and up to a $25,000 lifetime maximum during your adoption, infertility, or surrogacy journey.
  • Life and Disability Support - Gain access to company-paid basic life insurance and short-term disability insurance.


The company and your department may occasionally gather in person throughout the year to foster a culture of belonging and promote team building. We'd love for you to join us during those company-wide and department-wide events to help you strengthen connections across the company.

About Bright House Financial, LLC

Brighthouse Financial offers annuities and life insurance that help protect what people have earned and ensure it lasts. The company is built on a foundation of experience and knowledge, which enables it to provide the value the customers deserve. The company has over $200 billion in total assets, more than 2 million customers, and approximately 2.5 million annuity contracts and insurance policies in force. Brighthouse Financial is the brand name for Brighthouse Life Insurance Company, Brighthouse Life Insurance Company of NY, and New England Life Insurance Company. Brighthouse Financial was founded in 2017 and is headquartered in Charlotte, North Carolina.

Bright House Financial, LLC Careers

Join the dynamic team at Bright House Financial, LLC, a premier financial services provider where innovation meets expert financial guidance. We are currently expanding our talented team, offering a range of job opportunities that promise not only professional growth but also a chance to be part of a culture that values leadership and diversity.

Why Bright House Financial, LLC?

At Bright House Financial, LLC, we believe in empowering our employees to excel through comprehensive training and development programs. As a company, we are committed to fostering an inclusive environment where diverse ideas and perspectives lead to innovative financial solutions for our clients.

Explore Career Opportunities

Whether you're a seasoned professional looking for your next career challenge or a recent graduate eager to start your internship, Bright House Financial, LLC offers a variety of positions across multiple disciplines. Our team is hiring individuals who are passionate about financial services and dedicated to client success.

What We Offer

- **Professional Growth**: Advance your career with our leadership programs, diversity training, and opportunities for promotion. - **Innovative Culture**: Be part of a culture that thrives on innovation and continuous improvement. - **Competitive Benefits**: Enjoy a comprehensive benefits package that supports the health and well-being of you and your family. - **Networking and Mentorship**: Engage with industry leaders and gain valuable insights through structured networking events and mentorship.

Join Our Team

Bright House Financial, LLC is looking for curious, creative, and solution-driven team players. Explore job opportunities that match your skills and interests. We value the unique contributions of each employee and are excited to see how your skills and ideas can help shape the future of our company.

Prepare for Your Interview

Ready to join our team? Prepare your resume to highlight your relevant experience and skills. Our interview process is designed to understand your capabilities and how they align with the goals of Bright House Financial, LLC. We look forward to learning about your professional journey and discussing how you can contribute to our team.

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Discover Bright House Financial, LLC

Explore the exciting and rewarding career opportunities at Bright House Financial, LLC. See what positions are available and how you can contribute to our mission of delivering exceptional financial services.

SEARCH BRIGHT HOUSE FINANCIAL JOBS

Join us at Bright House Financial, LLC, where your career is just as important to us as it is to you. Let’s build a brighter future together.
Learn more about Bright House Financial, LLC
Size
1,500 employees
Market Cap
$3.5 billion
Industry
Net Income
-$1 billion
5 Year Trend
-7.1%
Revenue
$8.5 billion
NASDAQ

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