2nd VP, Annuity Product Management, Expanding Markets

About the role

The Second Vice President, Annuity Product Management -- Expanding Markets is responsible for developing and executing product strategy for AuguStar Retirement's expanding markets portfolio, with a primary focus on registered products, including Registered Linked Index Annuities (RILA). This role leads product development and lifecycle management from concept through launch and ongoing optimization, partnering with Pricing, Actuarial, Distribution, Marketing, Operations, Legal, Compliance, and other key stakeholders.

Responsibilities

• Develop and execute the expanding markets product strategy and roadmap, with a primary focus on registered products, including RILA, aligned with organizational goals and long-term strategy.
• Monitor market, competitive, consumer, distribution, and regulatory trends to identify product opportunities, risks, and strategic implications, and translate insights into product priorities and recommendations.
• Develop business cases and recommendations for new products, features, enhancements, repricing, and repositioning, including expected strategic and financial impact.
• Lead product initiatives from concept through implementation and launch, establishing priorities, driving decisions, resolving issues, translating strategy into product requirements, and ensuring milestones and business objectives are achieved.
• Partner with Pricing and Actuarial on product pricing assumptions, product economics, and ongoing product performance; own lifecycle management by monitoring sales, profitability, competitive positioning, distribution feedback, and key performance indicators.
• Collaborate with Legal, Compliance, Actuarial, Operations, Technology, Marketing, Distribution, and other stakeholders to ensure product designs, filings, disclosures, marketing materials, distribution strategies, and organizational readiness meet applicable requirements and company standards.
• Develop and communicate competitive product positioning, market insights, and value propositions; partner with Marketing and Strategic Relationships to support sales effectiveness, strengthen distribution relationships, and incorporate market feedback into product priorities.
• Present product strategy, performance, risks, opportunities, and recommendations to senior leadership and key stakeholders, while maintaining product documentation and ensuring accuracy and consistency across policy forms, marketing materials, and other communications.

Qualifications

• Bachelor's degree in economics, business, finance, or a related field.
• 7+ years experience in annuity product design and/or product management across MYGA, FIA, VA, and/or RILA products.
• Demonstrated experience leading complex, cross-functional product initiatives from concept through implementation.
• Extensive knowledge of the annuity market, competitive landscape, product development lifecycle, and relevant regulatory environment.
• Strong analytical, strategic thinking, decision-making, communication, presentation, teamwork, and relationship-building skills.
• Demonstrated ability to lead and influence cross-functional teams and communicate complex concepts to internal and external stakeholders, including senior management.

Preferred

• MBA or other relevant advanced degree.
• Direct experience with RILA.
• Experience developing business cases, evaluating product performance and competitive positioning, and presenting product strategy and recommendations to executive leadership.

Benefits

• Competitive pay.
• Comprehensive medical, dental, and vision healthcare coverage from day one.
• Company-paid life insurance.
• 401(k) plan with matching contributions.
• Paid parental leave and reimbursement for adoption and surrogacy expenses.
• Flexible time-off policy.
• Dress for your day policy.
• Inclusive and respectful work environment.
• Flexible work options including remote, hybrid, and onsite opportunities at various U.S. locations.
• Well-being programs to support a healthy work-life balance.
• Community connection resources and growth opportunities.