Product Director (Longevity Solutions on Fixed Indexed Chassis) Hybrid

Company: Protective Life Corporation
Location: Birmingham
Posted on: September 23, 2022

Job Description:

Product Director (Longevity Solutions on Fixed Indexed Chassis) Hybrid The work we do has an impact on millions of lives, and you can be a part of it. We -help protect our customers against life's uncertainties. -Regardless of -where you work within the -company, you'll be -helping provide protection and peace of mind when our customers need it most. Responsible for developing & managing product initiatives on fixed and fixed indexed annuity lines within the Retirement Division. Lead projects through all phases of the offering development process, including ideation, feasibility, design & pricing, implementation, launch, and post-launch monitoring. - Responsibilities:

• Drive ideation on new product initiatives in coordination with actuarial, marketing, and sales & distribution teams
• Evaluate feasibility of new ideas based on feedback from across the organization including actuarial, IT, legal, sales, and marketing
• Shape business requirements for design and implementation of new products to ensure key functionality is delivered to support product value proposition
• Guide marketing partners in the early development of campaign and launch plans to ensure alignment of messaging with product value proposition
• Develop and carry out plans to monitor and review products post-launch to evaluate how they delivered on goals and to gather stakeholder feedback for future product iterations
• Facilitate & support -exploration of new channels/businesses/markets in coordination with div leadership -
• Provide recommendations on crediting rate strategy for retail products including inforce product lines
• Understand and align product strategy with the evolving regulatory environment -
• Identify compelling concepts that address consumer needs in creative ways - in coordination with competitive intelligence and innovation -teamsQualifications:
  • 7+ years industry experience
  • Life insurance/annuity experience preferred: sales, account management, product development, product -management -
  • Solid understanding of the product lifecycle
  • Bachelor's Degree required
  • Experience in the insurance industry or new product implementation is a plus. -
  • Proven ability to effectively and efficiently communicate with Leadership, technical and non-technical audiences while employing a high degree of collaboration and influence.
  • Excellent oral and written communication skills
  • Must be able to work under pressure and meet deadlines
  • Must exhibit strong interpersonal skills
  • Strong organizational and analytical skills
  • Experience collaborating effectively with key stakeholders to make decision related to products and pricing
  • Passion and drive for delivering products that meet consumer needs This position is -an -Virtual/work from home position subject to our virtual workplace standards. Performance-Based Compensation: [This position is eligible for an annual incentive based on individual and Company performance] OR [SIP - This position includes cash compensation as a part of a sales incentive plan (SIP)] Note: Pursuant to Colorado law, Protective is providing the applicable salary range for Colorado residents. Salary Range Specific to Colorado: $115,000 - $130,000 Employee Benefits: We aim to protect our employees' wellbeing through a broad benefits offering. For example, we protect physical wellbeing through health, dental and vision insurance. -We protect mental wellbeing through mental health benefits and an employee assistance program. -We protect time away from work with a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). -We protect financial wellbeing through contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective's platform to improve wellbeing while earning cash rewards. Eligibility for certain benefits may vary by position in accordance with the terms of the Company's benefit plans. Diversity and Inclusion: At Protective, we are committed to providing an inclusive culture where all employees are able to fully contribute and thrive. Our goal is to grow and develop our people, attract diverse talent and support strong, diverse communities. We support diversity, equity, and inclusion by working to develop a culture of inclusion and belonging led by leaders who develop potential and embrace unique skills and abilities. Our aim is to create an equitable and accountable environment for all leaders and employees that will drive performance and impact business strategy. In this way, we can increase overall diversity for leadership roles and pipelines of talent by maturing our hiring practices, robust development opportunities and focus on retention of key talent. We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing the talents of a diverse and inclusive workforce.

Keywords: Protective Life Corporation, Birmingham , Product Director (Longevity Solutions on Fixed Indexed Chassis) Hybrid, Executive , Birmingham, Alabama