Annuity Product Manager

Posted 9 Days Ago
Be an Early Applicant
Holmdel, NJ
101K-166K Annually
Senior level
Insurance • Financial Services
The Role
The Annuity Product Manager will support the Annuity Product Management and Development Team in designing, developing, and launching annuity products. Responsibilities include creating product specifications, managing marketing materials, training agents, processing forms, and assisting with rate settings while collaborating with multiple teams.
Summary Generated by Built In

The Annuity Product Manager will support the Annuity Product Management and Development Team in all aspects of the design, development, maintenance, launch, and sale of Guardian’s annuities working with large and diverse multi-functional teams and outside business partners and vendors.

You willAssist Product Managers with Product Development and Enhancement

  • Develop specifications for new products and enhancements to existing products.

  • Review contract, rider, and prospectus language for consistency with product specifications.

  • Review marketing material and manage internal distribution and access of final material.

  • Build and maintain illustration systems and monthly illustration reports.

  • Submitting vendor invoices for approval and processing.

  • Problem resolution and exception request reviews.

Product Training Materials and Delivery Systems

  • Create, review, and maintain agent product training courses on external vendor website.

  • Manage access and entitlement rules on external vendor website and feeds to internal Guardian systems by identifying coding rules and requirements based on business needs.

Application and Forms Management

  • Liaison with Product Managers, Marketing, Distribution, Operations, Law Department, Product Filing, and Compliance to obtain comments and sign-off on the creation, modification, and/or maintenance of all annuity applications and forms.

  • Respond to Operations and Compliance requests by creating, improving, and/or modifying forms to administer and service existing contracts, and obtain the appropriate comments and sign-off.

Assist with Fixed Annuity Rate Setting

  • Assist with loading of New Business FIA, RILA, SPIA, DIA, and SPDA rates in various systems.

  • Update spreadsheets for In-Force rates using rate data provided by Investments/Actuarial.

You haveUnderstanding of annuity product features and designs.

  • Strong writing and proofreading skills

  • Experience: 3+ years in financial services

  • Proficient skill level in MS Office

  • Education: BA/BS+ or equivalent experience

Preferred

  • Annuity product launch/support experience

  • Sales or sales support experience


Salary Range$101,180.00 - $166,220.00

The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.

Our Promise

At Guardian, you’ll have the support and flexibility to achieve your professional and personal goals. Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.

Inspire Well-Being

As part of Guardian’s Purpose – to inspire well-being – we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues.

Health Care

  • Choice of [high deductible/copay] medical plans* with prescription drugs, including coverage for fertility and transgender inclusive benefits

  • Dental plan

  • Vision plan

  • Health care accounts – flexible spending, health reimbursement, and health savings accounts

  • Critical illness insurance

Life and Disability Insurance

  • Company-paid Life and Disability insurance plus voluntary supplemental coverage

  • Accident insurance

Retirement and Financial

  • 401(k) retirement plan with a company match, plus an annual age/service-based Company contribution and an annual profit-sharing contribution, if applicable

  • Complimentary 1:1 financial guidance with a licensed Fidelity representative

Time Off and Remote Work

  • Flexible work arrangements (part in-person/part remote)

  • Unlimited paid time off for most roles plus time off for volunteering, jury duty, voting, and bereavement

  • Personal holidays for colleagues to use in recognition of religious, cultural, or civic days

  • Paid parental leave and paid family and medical leave policies

Emotional Well-being and Work-Life

  • Emotional well-being, mental health, and work/life resources powered by Spring Health

  • Wellness programs, including fitness program and equipment reimbursement

  • Child, adult, and elder back-up care support through Bright Horizons

  • Adoption assistance

  • College planning

  • Tuition reimbursement

  • Student loan assistance

  • Commuter benefits in select metropolitan areas

Equity & Inclusion

Opportunities to build inclusive and meaningful connections through involvement in colleague-led affinity groups:

  • Employee Resource Groups:

  • Colleague Connection Committees

  • Community Involvement Committees

A culture that encourages colleagues to bring their authentic selves to work

  • Voluntary self-ID

  • Pronunciation and phonetic spelling of names

Benefits apply to full-time eligible employees. Interns are not eligible for most Company benefits.Equal Employment Opportunity

Guardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.

Accommodations

Guardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. Guardian also provides reasonable accommodations to qualified job applicants (and employees) to accommodate the individual's known limitations related to pregnancy, childbirth, or related medical conditions, unless doing so would create an undue hardship. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [email protected].

Current Guardian Colleagues: Please apply through the internal Jobs Hub in Workday.

The Company
HQ: New York, NY
8,709 Employees
On-site Workplace
Year Founded: 1860

What We Do

Who we are

Guardian makes a difference in the lives of people when they need us most. With over 160 years of stability and fiscal integrity, we are a trusted resource to generations of families and business owners, inspiring well-being and helping build financial confidence.

Today, we stand behind 29 million consumers, helping them prepare and plan for a bright future for themselves and their families. We help business owners care for their employees. And we help people recover and thrive in times of unexpected loss.

As a modern mutual insurance company, we believe in driving value beyond dividends. We invest in our colleagues and are building a progressive, innovative and inclusive culture. We uplift individuals and communities through thoughtful social and environmental programs.

What we stand for

In 1860, a community of immigrants joined together to insure and protect their businesses and families. They were guided by powerful ideals that we’ve continued to stand behind and evolved throughout the years: we do the right thing, we believe people count, we courageously shape the future together, and we go above and beyond for the people we serve.

Guardian employees embrace and live by these values every day. They remind us to put people at the heart of all we do so that we can help protect what matters most to you. Want to help bring these values to life? Join us for a rewarding career and the opportunity to shape the future.

Disclosures:
Financial information concerning Guardian as of December 31, 2022, on a statutory basis: Admitted assets = $76.0 billion; liabilities = $67.2 billion (including $55.0 billion of reserves); and surplus = $8.8 billion. Dividends are not guaranteed. They are declared annually by Guardian’s Board of Directors.
Guardian® is a registered trademark of The Guardian Life Insurance Company of America. © Copyright 2023 The Guardian Life Insurance Company of America 2023-156184 Exp. 5/25

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