Constellation Insurance, Inc.

2nd VP, Annuity Product Management, Expanding Markets

Constellation Insurance, Inc.  •  Greenwood Village, CO (Hybrid)  •  29 days ago
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Job Description

The Second Vice President, Annuity Product Management -- Expanding Markets is responsible for developing and executing product strategy for AuguStar Retirement's expanding markets portfolio, with a primary focus on registered products, including Registered Linked Index Annuities (RILA). This role leads product development and lifecycle management from concept through launch and ongoing optimization, partnering with Pricing, Actuarial, Distribution, Marketing, Operations, Legal, Compliance, and other key stakeholders.

Your role and impact

Here's a glimpse of your responsibilities and the meaningful impact you'll create as the Second Vice President, Annuity Product Management -- Expanding Markets:

  • Developing and executing the expanding markets product strategy and roadmap, with a primary focus on registered products, including RILA, aligned with organizational goals and long-term strategy.
  • Monitoring market, competitive, consumer, distribution, and regulatory trends to identify product opportunities, risks, and strategic implications, and translate insights into product priorities and recommendations.
  • Developing business cases and recommendations for new products, features, enhancements, repricing, and repositioning, including expected strategic and financial impact.
  • Leading product initiatives from concept through implementation and launch, establishing priorities, driving decisions, resolving issues, translating strategy into product requirements, and ensuring milestones and business objectives are achieved.
  • Partnering with Pricing and Actuarial on product pricing assumptions, product economics, and ongoing product performance; owning lifecycle management by monitoring sales, profitability, competitive positioning, distribution feedback, and key performance indicators.
  • Collaborating with Legal, Compliance, Actuarial, Operations, Technology, Marketing, Distribution, and other stakeholders to ensure product designs, filings, disclosures, marketing materials, distribution strategies, and organizational readiness meet applicable requirements and company standards.
  • Developing and communicating competitive product positioning, market insights, and value propositions; partnering with Marketing and Strategic Relationships to support sales effectiveness, strengthen distribution relationships, and incorporate market feedback into product priorities.
  • Presenting product strategy, performance, risks, opportunities, and recommendations to senior leadership and key stakeholders, while maintaining product documentation and ensuring accuracy and consistency across policy forms, marketing materials, and other communications.

What's in it for you

  • Competitive pay: Fair compensation for your hard work.
  • Healthcare coverage: Comprehensive medical, dental, and vision from day one.
  • Life insurance: Company-paid coverage for you and your loved ones.
  • 401(k) plan: Matching contributions to help secure your financial future.
  • Family support: Paid parental leave and reimbursement for adoption and surrogacy expenses.
  • Work-life balance: Flexible time-off policy to recharge and pursue passions.
  • Dress for your day: Express your style comfortably at work.
  • Inclusion and Culture: A respectful environment that values unique contributions.
  • Flexible work options: Remote, hybrid, and onsite opportunities at various locations across the U.S. for better work-life integration.
  • Well-being focus: Programs to support a healthy balance between work and home life.
  • Community connections: Build strong relationships through virtual and in-person interactions, with resources for your growth.

Qualifications

What sets you up for success

  • Bachelor's degree in economics, business, finance, or a related field.
  • 7+ years experience in annuity product design and/or product management across MYGA, FIA, VA, and/or RILA products.
  • Demonstrated experience leading complex, cross-functional product initiatives from concept through implementation.
  • Extensive knowledge of the annuity market, competitive landscape, product development lifecycle, and relevant regulatory environment.
  • Strong analytical, strategic thinking, decision-making, communication, presentation, teamwork, and relationship-building skills.
  • Demonstrated ability to lead and influence cross-functional teams and communicate complex concepts to internal and external stakeholders, including senior management.

Preferred

  • MBA or other relevant advanced degree.
  • Direct experience with RILA
  • Experience developing business cases, evaluating product performance and competitive positioning, and presenting product strategy and recommendations to executive leadership.

Compensation Statement

Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, and other job-related reasons. Roles may also be eligible for additional compensation, including annual incentive programs.

Constellation Insurance, Inc.

About Constellation Insurance, Inc.

We are a leading insurance holding company serving consumers and small business owners in the United States and Latin America through its insurance subsidiaries, which include AuguStar Life, AuguStar Retirement, National Security Life and Annuity Company, Ohio National Seguros de Vida S.A. and certain other affiliated (re)insurance entities.

As of December 31, 2022, Constellation’s family of insurance companies has over $34 billion in total assets under management. Constellation’s investors and equal partners, CDPQ and Ontario Teachers’, are two of the largest long-term institutional investors in North America, managing a total of over C$650 billion in net assets, including over C$140 billion in private capital investments.

Learn more about us at www.constellationinsurance.com.

This is for informational purposes only. Constellation makes no representation as to the completeness or accuracy of information provided at referenced websites and is not liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs. When you access one of these websites, you assume total responsibility and risk for your use of these websites.

Industry
Finance & Insurance
Company Size
201-500 employees
Headquarters
Cincinnati, OH
Year Founded
Unknown
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