Product Owner - Annuities

Sorry, this job was removed at 06:41 p.m. (CST) on Monday, Apr 28, 2025
2 Locations
In-Office or Remote
107K-157K Annually
Fintech • Insurance
The Role

At The Standard, you’ll join a team focused on putting our customers first.
Our continued success is driven by a high-performance culture. We’re looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what’s right – across the company and in our local communities.
We offer a caring culture where you can make a real difference, every day.
 
Ready to reach your highest potential? Let’s work together.

Job Summary 

The Product Owner – Annuities collaborates with leaders, internal stakeholders, and partners to reliably and continuously deliver value-added technology solutions to the business. In this role, you will leverage your expertise in Annuity Administration platforms (ID3) and Annuity Order Entry platforms (FireLight, Affirm) to advocate for enhancements or integrations aligned with the business strategy. You will interact daily with the technology team, business operations, and vendor partners to properly steer and manage the delivery of those needs and desires and use your understanding of the business and technology landscapes to help develop future state capabilities and drive the technology roadmap. In this highly visible role, you will exercise your opportunity to design processes for the future, weigh-in on strategic direction, build out documentation, and evolve this product suite and function as a whole.  

Principal Duties & Responsibilities: 

  • Identify and prioritize technology work for the business. Negotiate and adjust scope based on evolving needs. 
  • Partner with BSAs and IT to articulate business requirements that drive technical solutions   
  • Develop compelling business cases with cost-benefit analysis. Translate ideas and / or work requests into consumable user stories. 
  • Manage the delivery and communicate status updates to leaders/stakeholders. 
  •  Participate in acceptance testing. 
  •  Demonstrate solutions to leaders/stakeholders. 

Skills and Background You’ll Need 

  • EDUCATION: A Bachelor’s degree is required. 
  • EXPERIENCE: 7+ years in a product owner or product owner-like role. Proven success participating in technology delivery efforts. A strong background in Annuities, and familiarity with Annuity Administration platforms / Annuity Order Entry platforms (ID3, FireLight, Affirm, or other) is required for this role.  
  • Prior experience with vendor management, negotiation, and an ability to influence. 
  • Experience developing business cases with cost-benefit analysis, showcase polished presentation abilities, and effectively engaging diverse audiences.  
  • Strong project management experience, communication skills, and ability to translate technical jargon to a non-technical audience. 
  • An understanding of integrations, and best practices around how data is processed & fed is highly preferred.  

 
 

Key Behaviors of a Successful Candidate 

  • Adaptability - Quickly and resourcefully adapts to multiple changing work demands by adjusting team priorities to fit new circumstances. 
  • Improvement Mindset - Recognizes opportunities for improvement between teams or functions; addresses problems and makes suggestions for ongoing improvement. 
  • Customer Focus: Takes the extra step to anticipate customers’ needs and immediately resolves breaks in service or mistakes to satisfy them. 

Why Join The Standard?  

We have built an enduring legacy of stability, innovation and financial strength thanks to the contributions of the talented, creative and compassionate people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard, you can expect: 

  • A rich benefits package including a 401(k) plan with matching company contributions 
  • An annual incentive bonus plan 
  • Generous paid time off 
  • A supportive and responsive management approach 
  • Opportunities for career growth and advancement  
  • Paid time off to volunteer 
  • An employee giving program that double matches your donations to eligible nonprofits and schools 

#LI-Remote

Please note - the salary range for this role is listed below. In addition to salary, our package includes incentive plan participation and comprehensive benefits including medical, dental, vision and retirement benefits, as well as an initial PTO accrual of 164 hours per year. Employees also receive 11 paid holidays and 2 wellness days per year.

 

  • Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on various factors, including individual and organizational performance.

Salary Range:

$107,250.00 - $156,750.00

Positions will be posted for at least 5 days from original posting date.

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.

The Standard Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about The Standard and has not been reviewed or approved by The Standard.

  • Retirement Support The 401(k) match and profit sharing are highlighted as strong components of total rewards. The retirement plan is often regarded as a standout element.
  • Leave & Time Off Breadth Generous PTO, 11 holidays, wellness days, and paid volunteer time provide meaningful time off. These programs are portrayed as supportive of work-life balance.
  • Parental & Family Support Paid parental leave, adoption/surrogacy assistance, dependent-care support, and backup childcare are available. These family-oriented benefits add meaningful value to the package.

The Standard Insights

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The Company
HQ: Portland, OR
3,557 Employees

What We Do

StanCorp Financial Group, Inc., through its subsidiaries marketed as The Standard -- Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, StanCorp Mortgage Investors, StanCorp Investment Advisers, StanCorp Real Estate and StanCorp Equities -- is a leading provider of financial products and services. StanCorp's subsidiaries serve approximately 7.5 million customers nationwide as of June 30, 2011, with group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and group vision insurance, absence management services, retirement plans products and services, individual annuities and investment advice. The Standard is a marketing name for StanCorp Financial Group, INC. and its subsidiaries. Insurance products are offered by Standard Insurance Company of Portland, Ore. in all states except New York, where insurance products are offered by The Standard Life Insurance Company of New York of White Plains, N.Y. Product features and availability by state and company, and are solely the responsibility of each subsidiary.

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