Product Development Lead

Product Strategy And Development Lead

At Corebridge Financial, we believe action is everything. That's why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow. We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

• We are stronger as one: We collaborate across the enterprise, scale what works and act decisively for our customers and partners.
• We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
• We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

About the role

As a Product Strategy and Development Lead, you will serve as the subject-matter expert and oversee the development, implementation, and quality assurance for In-Plan Retirement Income products by providing technical oversight and analytical support of product-related projects. You will interact and collaborate closely with Project and Product Managers within the Product department as well as members from the following functional areas: Information Technology, Marketing, Legal, Operations, Annuity Contract Management, Product Development, Actuarial, Sales Management and other areas of the company involved with product initiatives.

The responsibilities of the role include:

• Monitor and report on changes in the competitive landscape with focus on impacts to positioning of proprietary offerings.
• Identify emerging market opportunities, consumer needs, and industry trends to develop strategies that expand into new markets and diversify the product portfolio.
• Partner with the project manager and cross functional project team to scope and document complex business requirements related to new and in-force product initiatives requiring new/enhanced capabilities.
• You will contribute to risk management and product governance processes by assessing potential impacts of product design, pricing strategies, and market competitiveness to support portfolio optimization and business growth.
• Monitor and report on emerging experience of the product suite with focus on identifying success drivers and detractors for future product change consideration.
• You will help define and execute the short and long term product strategies by maintaining a deep understanding of market dynamics, competitor offerings, regulatory developments, and emerging industry trends.

Key skills/experience needed:

• Bachelor's degree in Business, Finance or other related field, or the equivalent combination of experience, education, and training.
• 8+ years of Annuity, Retirement Plan and Financial Services industry experience.
• 5+ years of Annuity Product Development and Management experience required.
• Experience launching products through complex, cross functional organizations.
• Ability to think critically, analyze information, and evaluate the implications of a course of action or solution.
• Extensive knowledge of regulatory requirements and frameworks.
• Excellent verbal and written communications skills, including the ability to make presentations on complex information.
• Effective communicator across organizational levels and functions.
• FINRA S6 or S7 preferred.

Compensation

The anticipated salary range for this position is $154,000 to $179,000 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 Location

This position can be based in Jersey City-NJ, Houston-TX, or Charlotte-NC and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely.

Why Corebridge? 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.

We are an Equal Opportunity Employer Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.