Head of Annuity Product Development

How This Role Contributes to Brighthouse Financial:

This role is primarily responsible for the design and development of new Brighthouse annuity products and the ongoing evolution of existing annuity products.   Drive the design and development of annuity product solutions in support of the company’s growth strategy by partnering with leadership across the company to ensure alignment between the company’s strategic objectives. Represent the organization as we seek external partnerships to further drive product distribution.  Develop product solutions in partnership with various leaders to ensure long-term growth and competitiveness of the organization.

 

Key Responsibilities:

  • Drive future annuity product design by developing a deep understanding of customer needs, industry and retirement trends, risk management and regulatory issues impacting our business.
  • Develop product strategy and roadmap in support of the company’s sales and marketing goals.
  • Ensure partnership across the enterprise in the design and development of new annuity products including the creation of new business development opportunities.
  • Ensure consistent and compelling product messaging for our suite of retirement solutions
  • In partnership with Distribution Leadership and the Head of Pricing, design and develop competitive annuity products that meet company financial targets
  • Works across the Distribution, Client Solutions, Technology, Finance and Legal organizations to develop solutions in line with the organization’s mission and business strategy.
  • Provide support for inforce annuity products and seek opportunities to create additional value that considers clients, advisors, firms, and company.
  • Be a talent leader by creating an inclusive work environment where employees can thrive.
  • Manage department operating budget.

 

Essential Business Experience and Technical Skills:

  • Strong knowledge of annuity products including Variable, Fixed Indexed (FIA), Registered Index-linked, and Fixed & Income annuity products
  • Deep understanding of annuity industry and marketplace including trends and market demands
  • Enthusiasm for the product design and ability to share the vision and impact of the product to our customers and our company
  • Process driven and goal-oriented change management leader with proven ability to find creative solutions to complex problems
  • Capable of effectively prioritizing multiple long-term projects and short-term ad hoc tasks at the same time
  • Proven ability to develop and maintain strong collaborative relationships with associates and partners outside of direct chain of command and to drive and influence decisions in these areas
  • 10+ years of progressing leadership experience focused in developing and designing compelling financial services products
  • Undergraduate degree or other advanced degree preferred
  • Exceptional oral and written communications skills

 

Our Benefits:

  • Time Off: Minimum of 20 days of paid time off and 13 paid company holidays per full calendar year, plus paid volunteer time
  • Financial Benefits: 401(k) savings plan with up to a 6% annual match and 3% annual company nondiscretionary contribution of eligible compensation, annual incentive plan, and employee stock purchase plan
  • Family Focus: Up to 16 weeks of paid leave for new parents, back-up care program, dependent care flexible spending account, and adoption and surrogacy assistance
  • Health and Welfare: Competitive medical, vision and dental plans, plus tax-free health savings accounts with potential company contributions up to $1,000 per family
  • Wellness Programs: Wellness incentive platform, employee assistance program, financial counseling services, fitness center discounts and more
  • Life & Disability Benefits: Company-paid basic life insurance and short-term disability

 

Travel:

Up to 10%, potentially more upfront to interact with Leaders in Charlotte, NC

 

Number of Openings:

1

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