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Director, Annuities Product Development at Prudential

Posted in Management 30+ days ago.

This job brought to you by eQuest

Type: Full-Time
Location: Shelton, Connecticut





Job Description:

For more than 135 years, Prudential Financial, Inc. has helped individual and institutional customers grow and protect their wealth.  Prudential Annuities, a division of Prudential, provides innovative retirement solutions to help clients meet their retirement income challenges.  We are currently seeking a visionary product professional to enhance our product team as the Director, Product Development.

 

The Product Development Director will help to champion the success of Prudential's Fixed Annuity business line by partnering with the business line leader to develop a long-term strategy, business plan, and a go to market strategy for multiple fixed annuity focused products.  This candidate will also be responsible for the completion and delivery of business cases to senior leadership, facilitating large cross-functional collaboration sessions to help outline new product design and launch strategies, and train applicable impacted parties. 

Duties and Responsibilities


  • Assist the business line leader in working with both internal and external partners to identify opportunities that will provide a unique value proposition to our key constituents

  • Establish strong relationships with leaders across Prudential and gain functional understanding beyond product

  • Partner with the Sales organization on key product prioritization decisions, product design, as well as new product training and positioning

  • Assist in the development of product related marketing and positioning materials, as well as other internal and external fixed product training

  • Influence and lead cross-functional representatives to proactively document and recommend solutions associated with product design and implementation

  • Assist in the development of a simple, repeatable, end-to-end product development process

  • Manage the creation and completion of product specs for all new products and product related changes

  • Understand the competitive landscape of various financial industry products and product lines, specifically fixed annuity product marketing and positioning, benefits, features and pricing

  • Manage timelines and deadlines associated with the above-mentioned collaboration sessions, product design and documentation

 


  • 8+ years relevant experience in Financial Services filed required

  • Proven success in implementing or creating strategically compelling business cases for Fixed Annuity product development projects that deliver results to meet business goals

  • Very strong strategic thinker and leader, is proactive and takes initiative

  • Self-starter who can assess what works needs to be completed and how to get it done

  • 5+ years annuities experience with a focus on Fixed Annuity product development

  • Excellent influencing, organizational, facilitation, communication and presentation skills

  • Ability to lead cross-functional initiatives and influence without authority, effectively collaborating with multiple levels within the internal organization as well as investment professionals and wholesalers

  • Strength of convictions and ability to influence and champion product changes

  • Ability to effectively manage several dissimilar projects and prioritize

  • Ability to work independently and as part of a team

  • BA/BS degree desired

  • Series 6 license required within 180 days from hire date