At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident.
We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity.
Join us for the opportunity to grow and make a difference in ways that matter to you.
Role Summary
Manages the life cycle for a portfolio of complex products and value-add offers that engage and deliver value to the client(s) within an assigned business unit. Specifically responsible for the management of the firm's Integrated Retirement Plan Solutions Offer with key Advisor/Consultant partners, including aggregate plan solutions (PEPs, GOPs, MEAPs). Makes recommendations on the strategy for those products and offers to management and senior staff.
Responsibilities
- Develops offer road maps and business cases, frames the organization's competitive positioning, and establishes the economics of standard offers. Maps the vision of the offer and the deliverables necessary to make it successful. Uses data and analysis from more junior staff to understand how to invest and grow offers.
- Advises stakeholders on approaches to improve existing offers and develops new offers based on specialized knowledge of industry trends. Serves as the product owner and leads an internal team to build and test prototypes, obtains feedback from sales and end users, maintains product backlogs, holds regular meetings with stakeholders, and manages the product road map for complex products/offers.
- Manages the process of taking new offers to market and getting approval from legal and other internal functions; gets buy-in from client-facing associates and sales to deliver the go-to-market plan.
- Reviews and interprets market assessment scans; prepares recommendations for growth opportunities, pricing strategies, and overall competitive positioning. As a skilled communicator, influences business and functional leaders to adopt recommendations.
- Makes recommendations on which key performance indicators/measurements should be recorded to measure offer effectiveness, and uses analysis done by lower-level staff to create reports that can be used to update management and key stakeholders.
Qualifications
Required:
- Bachelor's degree or the equivalent combination of education and relevant experience AND
- 8+ years of total relevant work experience
Preferred:
- Direct experience structuring Pooled Employer Plan (PEP) solutions
- Experience working with Advisor distribution partners
- Prior Experience working in Product or Offer Management role
- Process improvement capabilities including application of Artificial Intelligence (AI)
- Recordkeeping platform management experience ideally including SS&C TRAC and/or FIS Omni
FINRA Requirements
FINRA licenses are not required and will not be supported for this role.
Work Flexibility
This role is eligible for hybrid work, with up to one day per week from home.
Manager may consider a telework option.
Base Salary Ranges
Please review the job posting for the location of this specific opportunity.
$122,000.00 - $209,000.00 for the location of: Maryland, Colorado, Washington and remote workers$135,000.00 - $230,000.00 for the location of: Washington, D.C.
$153,000.00 - $261,000.00 for the location of: New York, California
Placement within the range provided above is based on the individual’s relevant experience and skills for the role. Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.
Commitment to Diversity, Equity, and Inclusion
At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.
Benefits
We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.
Featured employee benefits to enrich your life:
Competitive compensation
Annual bonus eligibility
A generous retirement plan
Hybrid work schedule
Health and wellness benefits, including online therapy
Paid time off for vacation, illness, medical appointments, and volunteering days
Family care resources, including fertility and adoption benefits
Learn more about our benefits.
Skills Required
- Bachelor's degree or equivalent combination of education and relevant experience
- 8+ years of total relevant work experience
- Direct experience structuring Pooled Employer Plan (PEP) solutions
- Experience working with Advisor distribution partners
- Prior experience in Product or Offer Management role
- Process improvement capabilities including application of Artificial Intelligence (AI)
- Recordkeeping platform management experience ideally including SS&C TRAC and/or FIS Omni
T. Rowe Price Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about T. Rowe Price and has not been reviewed or approved by T. Rowe Price.
-
Retirement Support — Retirement offerings are positioned as a standout, including strong 401(k) matching/contributions and related long-term savings features. Employee stock purchase options are also cited as part of the overall rewards structure that adds value beyond base pay.
-
Leave & Time Off Breadth — Time-off benefits are repeatedly framed as generous, including sizeable PTO allotments and multiple paid-leave categories. This breadth of leave is described as a meaningful component of the overall rewards package.
-
Career-Linked Recognition & Rewards — Annual bonuses and performance-linked rewards are described as common components of total compensation. Tuition assistance and development support are also presented as rewards that reinforce longer-term career growth.
T. Rowe Price Insights
What We Do
T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on—now, and over the long term. Headquartered in Baltimore, Maryland, we provide an array of mutual funds, subadvisory services, separate account management, recordkeeping, and related services for individuals, advisors, institutions, and retirement plan sponsors. At T. Rowe Price, we believe in strategic investing. It has guided how we do business for more than 80 years, and it’s driven by independent thinking and rigorous research. So our clients can be confident that we’ll strive to select the right investments as we help them achieve their objectives. Strategic investing means that we don’t stop at surface level analysis. Instead, we go beyond the numbers. Our investment professionals travel the world, visiting the companies they evaluate. It’s this passion for exploration and understanding that has helped inform better decision-making and prudent risk management for our clients since its founding by Thomas Rowe Price Jr. in 1937.
