Wealth Management - Annuity Product Manager , Associate / Vice President in New York, NY

$150K - $200K(Ladders Estimates)

J.P. Morgan Chase & Co   •  

New York, NY 10001

Industry: Finance & Insurance

  •  

5 - 7 years

Posted 56 days ago

As an annuity product manager at JPMC you will be joining one
of the leading global financial services firms. Our U.S. Individual Annuity
product team focuses on helping Americans accumulate assets for retirement and
turning those assets into an income stream that cannot be outlived.

The successful candidate for this position demonstrates strong
leadership and communication skills and the ability to deliver pricing results
relating to individual retail fixed, index, and variable annuities. The
ability to lead and innovate product design for our private bank, retail bank
and brokerage clients, partner with carrier product/actuary teams, and lead
delivery of products working closely with our internal support partners is
essential. This role will report to the head of annuity product development.

Responsibilities will include:
Support all product development R&D with timely financial
and risk analysis
Ensure consistency where appropriate in all pricing assumptions
and methodologies for all products
Build out a broad set of pricing metrics to deliver product
value to consumers and harmonization across platform
Provide real-time pricing analytics for all fixed, index, and
variable annuity products currently being sold in the market
Develop solutions that wrap advisory strategies, including
platform requirements
Develop and drive JPMC product roadmap, driving critical
capabilities from concept to customer
Monitor product changes and enhancements against JPMC requirements
and ensuring regulatory compliance
Serve as a product SME in support of Sales, marketing and
our control partners
Manage carrier relationships and day to day business. 
Serve as subject matter expert for investment specialists,
planners and internal sales desk.

Qualifications:

  • Strong technical skills, including annuity financial statement and hedging knowledge
  • Ability to communicate complex concepts in an easy to understand fashion
  • Strong analytical, critical thinking and problem solving skills demonstrated ability to understand impacts of simple to complex concepts 5+ years of annuity pricing and product development preferably at a manufacturer strongly required, additional annuity distribution experience a plus
  • Ability to assist the head of annuity product development develop robust platform product requirements and negotiate desired product designs with our insurance carrier partners
  • Demonstrated high level of detail orientation and can manage multiple projects efficiently
  • Knowledge of distribution regulatory impacts to product design a plus
  • Experience in leading business transformation initiatives and/or project management skills a plus MS Word, MS Excel, MS Powerpoint required Life & Health Licenses
  • Series 7 or 6 required, Series 24 preferred

Valid Through: 2019-9-16