Senior Director - Annuity Product Development

Primary Duties & Responsibilities

• Develop and execute product development strategies that leverage company advantages and understand market relevance.
• Ensure execution in coordination with various departments across the company.
• Evaluate and refine risk products, including developing new products and enhancing existing ones.
• Design and develop solutions for adjacent markets and products, as well as disruptive approaches to the financial security market.
• Liaison to all levels of the field to gather input on desired products, features, and benefits.
• Use field and client insights to design and develop new products and features, maintaining co-creation throughout the process.
• Analyze competitors' products, features, and benefits to determine competitive strategies.
• Make recommendations for introducing new products, features, and benefits as needed.
• Ensure projects are completed on time, within scope, and within budget.
• Provide support and answer product-related questions for the field and other home office staff.

Qualifications

• Bachelor's degree in Business Administration, Actuarial Science, marketing, or related field with a minimum of ten years of experience in insurance product development, competitive research, product compensation, or related areas.
• Actuary background required.
• Demonstrated strategic thinking and ability to lead decision-making processes through idea sharing and consensus building.
• Proven successful project leadership experience at Northwestern Mutual or relevant external experience, with a focus on aligning project goals with company strategy.
• Strong knowledge of risk products.
• High degree of personal initiative and self-motivation; ability to manage multiple tasks, set priorities, and meet deadlines.
• Effective communication skills, including the ability to build rapport and present information clearly and effectively.
• Series 6 & 26 required or must complete within six months.

Desirable Qualifications

• MBA degree, JD degree, FSA designation, CLU designation, CPA designation, or other relevant degree or professional designation.
• Fifteen years of experience in life insurance product development, competitive research, product compensation, or related areas.