Sr Product Manager-Annuity

At The Standard, you'll join a team focused on putting our customers first.

Our continued success is driven by a high-performance culture. We're looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what's right - across the company and in our local communities.

We offer a caring culture where you can make a real difference, every day.

Ready to reach your highest potential? Let's work together.

The Standard is looking for a senior product manager to be responsible for the strategic development, implementation, and ongoing management of annuity products to ensure consistent delivery of profitable offerings that are valued by customers. This role includes collaborating with key internal and external partners to lead the development and rollout of new and enhanced products based upon understanding of market trends, competitive landscape, and client needs. You will drive the proactive management of the health, client satisfaction and adoption of existing products.

In this role, you will be responsible for developing new products, refining existing products, and providing support to distribution and home office partners as SME for all annuity products. Collaborates with and influences stakeholders, vendors and senior leaders to ensure strategic alignment. Responsible for market analysis and understanding The Standard's position in the market for annuity products.

Principal Duties and Responsibilities for Assigned Suite of Products:

Strategic Product Development

• Maintain a robust understanding of relevant client, market, competitive and regulatory trends, and their strategic implications for the IA business and product portfolio.
• Develop and execute a forward-looking product roadmap that enables and supports the overall IA business strategy.
• Lead cross functional product initiatives to drive new and enhance offerings, promote product positioning, support the sales and retention of annuity business, and ensure a positive customer experience.
• Proactively manage and refine the annuity product offerings to reinforce the value proposition and drive revenue and profitability growth.
• Drive Product Development process to ensure a thorough research and feasibility process. Partner with others to ensure successful implemental and rollout of new products.
• Analyze business development opportunities and make recommendations to support business and product strategy.

Product Health Management:

• Monitor existing products to ensure they are delivering value to customers while meeting target product adoption, business and financial goals.
• In collaboration with functional partners, develop and execute effective product deployment plans, including product positioning and promotion, end-to-end customer experience definition, operational readiness and governance mechanisms and metrics.
• Cultivate and maintain relationships with vendors who provide offerings that may enhance the success of the product portfolio.

Traits of a Successful Candidate:

• Education: Bachelor's Degree required. MBA preferred.
• Experience: Ten (10) years of progressively more responsible product management positions within financial services, ideally with significant experience in the individual annuity business.
• Strong track record of successfully developing and managing financial products to achieve sustainable increases in revenue and profitability.
• Strategic thinker with strong analytical and problem-solving skills and the ability to drive tangible results. Able to provide market vision and leadership to drive product development.
• Ability to successfully blend strategic market leadership and product management skills with a line operating management foundation within a technology driven environment
• Ability to thrive in a fast-paced environment, juggling multiple priorities and deadlines while consistently delivering business results.
• Highly effective communication, influence management and collaboration skills. Has the 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.

What You'll Get From Us

Joining The Standard means being part of an environment where the way we personally connect with and support our customers translates into a culture of respect. We value your time, talent, and your traditions because they give you the unique lens on the world. We are building a genuinely collaborative atmosphere where you're inspired to do your best-every day. From developing yourself and your career, to delivering what matters to our company and our communities, you'll find working with us isn't like working anywhere else.

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Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, drug test, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.