Transamerica

Sr Product Manager - Annuities

Transamerica$90K — $100K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent required
  • 5 years of experience in Financial Services/Insurance
  • Expertise in at least one insurance/annuity product line
  • Excellent written and verbal communication skills
  • Analytical and organizational skills with attention to detail
  • In-depth understanding of systems supporting insurance/annuity products
  • Ability to work independently and make independent decisions

Responsibilities

  • Lead major product initiatives and enhancements
  • Collaborate with teams to analyze industry trends
  • Facilitate product decisions through negotiation with stakeholders
  • Manage product specifications and documentation
  • Drive strategic improvements and automation efforts
  • Oversee discussions on product features and compliance
  • Mentor junior team members and act as a product SME

Benefits

  • Comprehensive benefits package for eligible employees
  • Competitive pay and bonus opportunities
  • Pension plan and 401k match
  • Tuition reimbursement and career training programs
  • Employee stock purchase plan available
  • Medical, dental, and vision insurance
  • Paid time off starting at 160 hours annually
  • Paid parental leave and adoption assistance
  • Access to wellness programs and employee assistance resources
Full Job Description
Job Family
Product Development / Implementation

Job Description Summary
This role leads major product initiatives, including the design and execution of new products and product enhancements, while ensuring compliance adherence. This role serves as product SME, and partners with multiple functional teams to shape strategy, drive process improvements, guide cross functional decision making, and mentor junior team members.

Job Description

Responsibilities
  • Lead large product initiatives or enhancements.
  • Collaborate with Competitive Intelligence, Pricing, and other internal stakeholders to review industry trends, data.
  • Partner with functional areas to negotiate needs and facilitate product decisions.
  • Manage the development of product specs, guides, issue logs etc., and/or assist with gathering and documenting business requirements.
  • Drive strategic process improvements and automation efforts.
  • Lead and/or oversee discussions to define product features, competitiveness, milestone dates, etc. act as Product SME as needed.
  • Responsible for ongoing Product adherence to Regulatory and Compliance updates.
  • Mentor Junior team members.
  • Act as a liaison between business and technical teams.


Qualifications
  • Bachelor degree, or equivalent
  • 5 Years experience in Financial Services/Insurance
  • Expertise in at least one insurance/annuity product line and solid understanding of additional product lines
  • Excellent communication skills, both written and verbal. Must be able to communicate with audiences of all levels and collaborate with functional areas
  • Analytical and organizational skills and attention to detail
  • In depth understanding of systems that support at least one insurance/annuity product line with impacts across multiple functional areas
  • Ability to work independently
  • Comfortable making independent decisions related to job function


Preferred Qualifications
  • Leadership and stakeholder management
  • Strategic planning and change management
  • Industry specific expertise (finance, insurance, etc.)
  • Experience managing a team


Working Conditions
  • Hybrid environment
  • Travel (Occasional


The Salary for this position generally ranges between $90,000-$100,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus of 15% based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.

Disclaimer:
  • We will never request personal information such as ID or payment for equipment upfront.
  • Official offers are sent via DocuSign following a verbal offer-not through text or email


This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Compensation Benefits
  • Competitive Pay
  • Bonus for Eligible Employees


Benefits Package
  • Pension Plan
  • 401k Match
  • Employee Stock Purchase Plan
  • Tuition Reimbursement
  • Disability Insurance
  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • Employee Discounts
  • Career Training & Development Opportunities


Health and Work/Life Balance Benefits
  • Paid Time Off starting at 160 hours annually for employees in their first year of service.
  • Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
  • Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
  • Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
  • Adoption Assistance
  • Employee Assistance Program
  • Back-Up Care Program
  • PTO for Volunteer Hours
  • Employee Matching Gifts Program
  • Employee Resource Groups
  • Inclusion and Diversity Programs
  • Employee Recognition Program
  • Referral Bonus Programs

About Transamerica

The Transamerica Corporation is an American holding company for various life insurance companies and investment firms operating primarily in the United States, offering life and supplemental health insurance, investments, and retirement services. The company has major offices located in Baltimore, Maryland; Cedar Rapids, Iowa; Denver, Colorado; Norwood, Massachusetts; Exton, Pennsylvania; Harrison, New York; Johns Creek, Georgia; Plano, Texas; and St. Petersburg, Florida. Additional affiliated offices are located throughout the United States. In 1999, it became a subsidiary of Aegon, a European financial services company headquartered in The Hague, Netherlands. Transamerica funds the Transamerica Institute, a nonprofit foundation which comprises the Transamerica Center for Retirement Studies and the Transamerica Center for Health Studies.
Learn more about Transamerica
Industry
Founded
1904

Similar Jobs

More Jobs at Transamerica

More Finance & Insurance Jobs

Find similar Sr Product Manager - Annuities jobs: