Prosperity Life · 17 hours ago

Head of Product Development

United States

Full-time

Remote

Director/Executive

$180K/yr - $220K/yr

10+ years exp

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Asset ManagementCommercial Insurance

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Responsibilities

Lead the full lifecycle development of our retail products, including Fixed Indexed Annuities, MYGAs, and IUL, from concept initiation to market launch, ongoing product optimization, and back/mid-office implementation

Lead cross-functional product development working group

Partner with C-Suite executives to craft products that align with organizational goals and long-term strategy, drive alignment on overall product roadmap and priorities

Collaborate with cross-functional teams – sales, marketing, IT, operations, actuarial, legal, compliance, finance, and strategy – to design and deliver competitive retail product offerings

Conduct in-depth market research to identify customer needs, analyze industry trends, and evaluate competitors to shape a forward-looking product strategy

Track product performance post-launch, leveraging key metrics and market insights to drive enhancements and introduce new initiatives as needed.

Partner with external partners, including distribution, operations, and technology partners, to design, implement, and launch new products

Ensure all product workstreams remain on track for timely delivery, and remove bottlenecks or drive decisions to be made where needed

Monitor retail product market, analyze competitor offerings, and relative product positioning

Qualification

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Insurance industry experienceProduct developmentFixed-Indexed AnnuityRetail product developmentProject managementRegulatory complianceInfluence LeadershipMental Agility

Required

10+ years of Insurance industry experience

Proven success leading or driving product development or management

Knowledge of retail product development, including product design, regulatory compliance, and market trends

Demonstrated leadership and project management skills, with a proven track record of delivering complex financial products on budget, timeline, and scope

Strong cross-functional communication and interpersonal skills, with the ability to collaborate effectively across teams and confidently present to senior leadership