Principal Financial Group · 4 hours ago
Assistant Director Product Development Defined Benefit
Des Moines, IA
Full-time
Remote
Mid, Senior Level, Lead/Staff
$123K/yr - $167K/yr
8+ years exp
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Hiring Manager
Larry Twitty, Jr.
Insider Connection @Principal Financial Group
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Responsibilities
Own and shape the overall development and enhancement of new or existing defined benefit products ensuring products are aligned to our strategic vision, client needs, and market demand.
Lead and collaborate with cross-functional teams to develop viable defined benefit products and drive their successful implementation and deployment from the ground up.
Coordinate and collaborate with internal cross-functional teams and outside business partners to define the product offering, desired outcomes, product attributes, pricing, risk levels, legal implications, business requirements, and prerequisites specific to the new defined benefit product or service.
Understand the defined benefit market landscape and stay ahead of industry trends and regulatory changes to uncover potential trends and gaps in the product offering.
Generate new defined benefit product ideas and recommend the development of products that meet client needs and solve industry demand.
Willingness to follow defined product development methodologies and processes to ensure successful development and deployment.
Collaborate and engage with defined benefit Product Managers and IT on the execution of defined benefit product and services.
Present the product strategy and outcomes to key stakeholders and senior leaders.
Influence and engage on the implementation of marketing strategies and training for the new product/service launches and existing product/service enhancements.
Qualification
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Required
Bachelor's degree or equivalent
8+ years of experience in product development and/or defined benefit, resulting in the knowledge and expertise needed to develop and deploy defined benefit products to the market
Research and understand the defined benefit market, industry trends, and customer needs
Excellent collaboration, decision making, planning/organizational, problem-solving, analytical, critical thinking, presentation, listening, and oral/written communication skills
Must be able to coordinate across internal cross-functional teams, external business partners and manage multiple initiatives at one-time
Must have strategic, big picture thinking and results oriented
Comfortable challenging the status quo using market intelligence and data to gain consensus from various stakeholders and cross-functional business partners
Outstanding attention to detail and accuracy
Ability to maintain confidentiality and work within NDA arrangements
Willingness to travel to support business needs
Benefits
Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness.
Pension Eligible
Company
Principal Financial Group
Principal Financial Group® is dedicated to improving the wealth and well-being of people and businesses around the world—helping more than 62M customers plan, protect, invest, and retire as of December 31, 2023.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Dan Houston
President and CEO
Liliana (Lil) Waters, CPA, FLMI
CFO – US Distribution
Recent News
2024-04-26
2024-03-13
2024-02-24
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