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Vice President, Annuity Product Management

American General Life Insurance Company
Full-time
On-site
Houston, Texas, United States

Who We Are

At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

  • We are stronger as one: We collaborate across the enterprise, scale what works and act   decisively for our customers and partners.
  • We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
  • We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
  • We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

Who You'll Work With

You will be working with cross-function teams including IT, legal, compliance, finance, sales, and marketing team.

About The Role

As Vice President, Annuity Product Management at Corebridge, this role is responsible for the strategic development, implementation, and ongoing management of Retirement Services’ annuity products to ensure consistent delivery of profitable offerings that are valued by customers. This role includes collaborating with key internal and external partners to lead the development and rollout of new and enhanced products based upon understanding of market trends, competitive landscape, and client needs.

Responsibilities

  • Lead the Annuity Product Management team to execute on new product launches and on-going oversight of Corebridge Retirement Services’ suite of annuity products, including group and individual products across fixed, fixed indexed and variable annuity products.
  • Provide Independent Channel support and oversight of Fixed Investment Only business, Market Conduct Exams, and Fixed Account Separate Account responsibilities. 
  • Partner cross-functionally with leaders to develop strategic multi-year product roadmaps that match customer needs with compelling products and features.
  • Drive the design and implementation of group and individual annuity products to be offered within defined contribution plans and in the rollover market. Conducting market research and competitive intelligence to drive new product designs.
  • Maintain expertise around products, operational practices, and industry and regulatory issues.
  • Lead and develop a team of Product Managers and Product Analysts
  • Manage projects relevant to the expansion of the company’s individual and group product offerings.  Collaborating with cross-functional teams and external parties such as sales distribution, consultants, third-party administrators, and asset managers on product implementation and filing of individual and group products.
  • Collaborates with and influences stakeholders, vendors and senior leaders to ensure strategic alignment
  • Collaborate closely with departments like marketing, IT, legal, compliance, and sales to ensure synchronized product initiatives.
  • Maintains knowledge on current and emerging developments/trends in the retirement space.
  • Build cross-functional partnerships with various business units and teams throughout the organization
  • Learn new and existing product lines to be able to serve as SME on products and provide expertise and confidence in response to both technical and general questions.

Skills and Qualification

·       Minimum of 15 years of progressively more responsible product management positions within financial services, ideally with significant experience in the annuity business.

·       Strong track record of successfully developing and managing financial products to achieve sustainable increases in revenue and profitability.

·       Strategic thinker with strong analytical and problem-solving skills and the ability to drive tangible results. Able to provide market vision and leadership to drive product development.

·       Ability to successfully blend strategic market leadership and product management skills with a line operating management foundation.

·       Ability to thrive in a fast-paced environment, juggling multiple priorities and deadlines while consistently delivering business results.

·       Highly effective communication, influence management and collaboration skills. Has the confidence, courage and ability to present ideas in a compelling manner but can also listen

and engage in a productive dialogue to find "win/win" solutions.

·       Cross-functional team management & influence skills

Compensation

The anticipated salary range for this position is $150,000 to $160,000 [CA & NJ] at the commencement of employment.  Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors, which may include the candidate’s geographic location, skills, experience and other qualifications. In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.

Work Location

This position is based in Corebridge Financial’s Houston, TX office and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely.

This position can be designated as remote.

#LI-ST1 #HYBRID #REMOTE

Why Corebridge?

At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

  • Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
  • Retirement Savings: We offer retirement benefits options, which vary by location.  In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
  • Employee Assistance Program: Confidential counseling services and resources are available to all employees.
  • Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
  • Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
  • Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.


Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer

Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com.  Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.

We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit: www.corebridgefinancial.com

Functional Area:

IN - Investment

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

American General Life Insurance Company

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