Prudential Financial

Vice President, Head of Individual Retirement Product Development

Prudential Financial$178K — $267K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Significant experience in annuity product development, product management, pricing, or strategy.
  • Strong understanding of annuity products and the retirement marketplace.
  • Demonstrated ability to lead complex product initiatives from concept through launch in a highly regulated environment.
  • Strong commercial judgment and financial acumen to evaluate trade-offs across various business factors.
  • Proven ability to lead teams and develop talent in a matrixed organization.
  • Strong executive presence and communication skills to influence senior leaders.
  • Ability to manage multiple priorities and bring structure to complex business problems.

Responsibilities

  • Lead the product development function for new annuity products and enhancements.
  • Identify market opportunities using industry insights and customer feedback to inform product strategy.
  • Translate prioritized opportunities into viable, marketable product designs.
  • Drive speed to market while ensuring quality and adherence to governance.
  • Build and develop a high-performing product development team that fosters collaboration and accountability.

Benefits

  • Market competitive base salaries with yearly bonus potential.
  • Comprehensive medical, dental, vision, and life insurance, plus disability insurance.
  • 401(k) plan with company match up to 4% and a company-funded pension plan.
  • Wellness programs offering up to $1,600 reimbursement for personal wellbeing expenses.
  • Robust work/life resources for various personal support needs.
  • Education benefits to finance college and accredited certificate programs.
  • Employee Stock Purchase Plan allowing shares to be purchased at a reduced rate.
Full Job Description
Job Classification:
Product Management - Product Management

The Vice President, Head of Individual Retirement Product Development sits at the center of that mission-leading the development of products that help customers build, protect, and convert their savings into dependable retirement income while driving profitable growth for the business. The successful candidate will shape Prudential's annuity product roadmap, influence strategic growth priorities, and lead a talented team responsible for bringing innovative solutions and enhancements to market. As a member of the Individual Retirement Product leadership team, reporting to the Head of Individual Retirement Product, this leader will oversee product development across Prudential's core annuity businesses as well as emerging growth opportunities that deliver retirement security in brand new ways.

The ideal candidate is a strategic, commercially minded product leader who can balance innovation, profitability, regulatory requirements, customer experience, operational complexity, and risk. This individual will lead a team and partner closely across the business to bring high-impact solutions from concept through launch.

This is a highly visible leadership role for someone who wants to shape the future of retirement solutions at scale-driving disciplined innovation, strengthening Prudential's competitive position, and developing talent in a complex, fast-moving business.

Key Responsibilities

  • Lead the product development function for new annuity products and enhancements across Prudential's Individual Retirement business.


  • Leverage industry insights, market trends, customer needs, and distribution partner feedback to identify market opportunities, prioritize solutions, and advance viable annuity concepts to the product roadmap.


  • Lead a team that translates prioritized opportunities into viable, marketable product designs, balancing client value, business economics, and risk.


  • Drive speed to market while maintaining strong execution discipline, quality, and appropriate governance.


  • Build, coach, and develop a high-performing product development team, fostering a culture of ownership, collaboration, intellectual curiosity, and accountability for business outcomes.


What We're Looking For

  • Significant experience in annuity product development, product management, pricing, or strategy.


  • Strong understanding of annuity products and the retirement marketplace.


  • Demonstrated ability to lead complex product initiatives from concept through launch in a highly regulated environment.


  • Strong commercial judgment, financial acumen, and ability to evaluate tradeoffs across customer value, competitiveness, profitability, capital, operational complexity, and risk.


  • Proven ability to lead teams, develop talent, and create clarity in a matrixed organization.


  • Strong executive presence and communication skills, with the ability to influence senior leaders and align cross-functional partners around complex decisions.


  • Ability to operate effectively in ambiguity, manage multiple priorities, and bring structure to complex business problems.


  • Collaborative leadership style with a track record of building trusted relationships across disciplines.


#LI-MG1

What we offer you:

Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $178,600.00 to $267,800.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
  • Market competitive base salaries, with a yearly bonus potential at every level.
  • Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
  • 401(k) plan with company match (up to 4%).
  • Company-funded pension plan.
  • Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
  • Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
  • Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
  • Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period).


Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.

About Prudential Financial

Prudential Financial is a financial services company that specializes in the fields of investment management, life insurance, and retirement benefits. It focuses on helping individuals and institutional customers to grow and protect their wealth. The company also offers an inclusive work environment where employees can develop to their full potential, and give back to the communities where they live and work. Prudential Financial was founded in 1875 and headquartered in Newark, New Jersey.

Prudential Financial Careers

Join the esteemed ranks of Prudential Financial, a global leader in financial services, where your career is nurtured, your innovation valued, and your professional growth guaranteed. Work You’ll Do At Prudential Financial, we are committed to helping individuals and businesses tackle their financial challenges with robust solutions. As part of our team, you will lead efforts to innovate and expand our services, ensuring that we remain at the forefront of the financial industry. Transform the financial landscape with your expertise and join a team where diversity, leadership, and personal growth are not just encouraged but actively fostered. With Prudential Financial, you position yourself at the nexus of finance and cutting-edge innovation. Collaborate with a global network of professionals, dedicated to steering clients through their financial journeys with precision and foresight. Our culture thrives on teamwork, leadership, and a shared commitment to excellence. Prudential Financial Job Opportunities We are actively hiring and have a variety of job opportunities designed to bring out the best in each employee. From entry-level positions to leadership roles, Prudential Financial offers a path for every ambitious professional eager to make an impact in the financial sector. Do Innovative Work Join our team of over 40,000 professionals worldwide, working together to reshape the future of finance. At Prudential Financial, your skills in networking, strategic thinking, and leadership will drive change and foster an environment of continuous innovation and growth. Internship Programs Kickstart your career with a Prudential Financial internship. Our programs offer invaluable industry insights and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark. Benefits and Culture Prudential Financial is not just about professional achievements but also about personal well-being. Our employees enjoy comprehensive benefits, including health, life, and disability insurance, retirement plans, and generous paid time off. More than just benefits, our company culture is built on mutual respect, inclusivity, and the collective pursuit of excellence. Future-Proof Your Career With Prudential Financial, career advancement is a reality. We provide extensive training and development programs, including leadership and diversity training, to ensure you are always ahead of the curve. Explore Discover how Prudential Financial leads the way in financial innovation and client service. Read more about our latest projects and the impact they have on our clients and the industry. Stay Connected Join Our Team Search open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players. Explore Prudential Financial jobs today and find where you fit in our dynamic team. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Prudential Financial.
Learn more about Prudential Financial
Size
88 employees
Market Cap
$36.2 billion
Industry
Net Income
-$374 million
Founded
1875
5 Year Trend
+3.8%
Revenue
$57 billion
NASDAQ

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