Drives the long-term strategy of Transamerica’s General Account Stable Value business by researching, designing and managing products for the retirement market through the full product lifecycle.

Responsibilities

  • Lead the analysis of market trends and competitive landscape to discern product opportunities and translate market conditions into valid value positions. 

  • Collaborate with Asset/Liability Management and Reinsurance resources to optimize SV Product portfolio performance and risk.

  • Manage and own the crediting rate reset process for all General Account Stable Value products.

  • Research and guide potential market opportunities; build the business case for product innovations by gathering distribution and consumer feedback, reviewing industry sales trends, and understanding demographic shifts/consumer preferences. 

  • Lead team efforts to define product features, competitiveness, profitability, sales goals and launch date.  Drive collaboration across all functional areas as needed.

  • Partner with distributors, Marketing, Finance, IT and other key stakeholders to recommend product features, competitiveness, profitability, and sales goals for stable value products. 

  • Negotiate needs and bring consensus/closure to issues and facilitate decisions on new business portfolio issues.

  • Collaborate with distribution partners, including retail, wholesale, TPA’s and outside vendor organizations as needed.

  • Develop and deliver presentations to communicate product recommendations and enhancements; provide analysis to senior management and peers to highlight strategic recommendations for new products and enhancements.

Qualifications

  • Bachelor’s degree in a business related field or equivalent experience.

  • Six years of product development experience in the stable value or fixed income asset management industry.

  • Understanding of profitability metrics.

  • Analytical skills and attention to detail to perform market analysis, customer research, opportunity sizing, profitability assessments, and risk/legal/compliance assessments.

  • Communication and interpersonal skills to educate audience and advocate recommendations with team members and stakeholders at all levels of the organization.

  • Decision making skills to create scope and content for consumer market research, and use insights to develop product design and features.

  • Strategic thinker and facilitation skills.

  • Leadership and coaching skills to mentor peers and guide team members.

  • Presentation skills to provide research data and recommendations to senior leadership.

  • Advanced proficiency in MS Office (Excel, PowerPoint, Word).

Preferred Qualifications

  • Professional designations (e.g. CLU, ChFC, CFP, MBA, PMP)

Working Conditions

  • Work from Home/Remote

  • Occasional travel. 0-10%

**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to the Colorado Equal Pay for Equal Work Act and Equal Pay Transparency Rules. It is estimated based on what a successful Colorado applicant might be paid. It assumes that the successful candidate will be in Colorado or perform the position from Colorado. Similar positions located outside of Colorado will not necessarily receive the same compensation. **

Compensation:

The salary for this position generally ranges between $100,000 - 115,000. This range is an estimate, based on potential employee qualifications, operational needs and other considerations permitted by law. The range may vary above and below the stated amounts, as permitted by Colorado Equal Pay Transparency Rule 4.1.2.

Bonus Eligibility:

This position is also typically eligible for an annual bonus based on the Company Bonus Plan/Individual Performance and is at Company Discretion at a rate of 17.5%