Who You'll Work WithYou will be working with cross-function teams including IT, legal, compliance, finance, sales, and marketing team.
About The RoleAs Vice President, Group Retirement Mutual Fund and Annuity Product Management at Corebridge, this role is responsible for the strategic development, implementation, and ongoing management of Retirement Services' group annuity and NAV fund products to ensure growth and retention of retirement plans. This role includes collaborating with key internal and external partners to lead the development and rollout of both new and enhanced products and based upon understanding of market trends, the evolving retirement plan competitive landscape, and client needs.
Responsibilities- Lead the Mutual Fund and Group Annuity Product Management team, including both product management and product development to execute new product launches and on-going oversight of Corebridge Retirement Services' suite of annuity products, including group and individual products across fixed, fixed indexed and variable annuity products
- Develop strategic multi-year product roadmaps that match customer needs with compelling products and features
- Drive the design and implementation of group and individual annuity products to be offered within defined contribution plans and in the rollover market; conduct market research and competitive intelligence to drive new product designs
- Maintain expertise around products, operational practices, and industry and regulatory issues.
- Lead and develop a team of Product Managers and Product Analysts
- Manage projects relevant to the expansion of the company's individual and group product offerings. Collaborating with cross-functional teams and external parties such as sales distribution, consultants, third-party administrators, and asset managers on product implementation and filing of individual and group products
- Collaborates with and influences stakeholders, vendors and senior leaders to ensure strategic alignment
- Collaborate closely with departments like marketing, IT, legal, compliance, and sales to ensure synchronized product initiatives
- Maintains knowledge on current and emerging developments/trends in the retirement space.
- Build cross-functional partnerships with various business units and teams throughout the organization
- Learn new and existing product lines to be able to serve as SME on products and provide expertise and confidence in response to both technical and general questions
Skills and Qualification- 10+ years of progressively expanding product management positions within the retirement plan industry.
- Knowledge of ERISA and non-ERISA retirement plan regulations preferred.
- Strong track record of successfully developing and managing financial products to achieve sustainable revenue and profitability.
- Strategic thinker with strong analytical and problem-solving skills and the ability to drive tangible results.
- Ability to successfully blend strategic market leadership and product management skills.
- Ability to thrive in a fast-paced environment, juggling multiple priorities and deadlines while consistently delivering business results.
- Highly effective communicator, influencer and collaborator.
- Demonstrated confidence, courage and ability to present ideas in a compelling manner but can also listen and engage in a productive dialogue to find "win/win" solutions.
- FINRA Series 6 and 63 required or appropriate FINRA/state insurance licenses preferred.
- Bachelor's degree in Business, Finance or another related field.
CompensationThe anticipated salary range for this position is $150,000 to $160,000 at the commencement of employment. Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors, which may include the candidate's geographic location, skills, experience and other qualifications. In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.
Work LocationThis position can be based in Corebridge Financials' Houston-TX, Woodland Hills-CA or Jersey City-NJ office and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely.
At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.
Benefit Offerings Include:- 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.
Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.
Functional Area:IN - Investment
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
American General Life Insurance Company
