Job Classification:

Product Management - Product Management

The Business

At Prudential Retirement Strategies, we take protecting financial outcomes personally. Everyone deserves a stronger financial future. We deliver industry-leading strategies for growth and protection to help more individuals get from where they are now to where they want to be.

The Team
The Go to Market Product Implementation Team at Prudential collaborates cross-functionally with business partners across Prudential Retirement Strategies to deliver Annuity product solutions to market.

The Role
The Annuities Product Manager, Product Implementation, is responsible for cross-functional implementation of new strategic product development, and implementation of business-related activities to support all Annuities products. This individual will work with Product, Service, Distribution, Control Functions and Partner Firms to drive annuity product development solutions that align with our business strategy, modernize our offerings in traditional markets, and support expansion into new markets.

• Lead cross-functional product execution teams in implementing all new product initiatives including Service, Sales, Marketing, and Product activities. The Product Manager is the lead & escalation point for the project team.

• Ensure regulatory compliance and product design integrity for new administrative processes and materials. Complete risk assessments and other controls related processes.

• Develop implementation approach strategy recommendations to meet organizational objectives.

• Partner with all Product teams and other internal functions to define product requirements for all administration and service processes and materials required to support new product initiatives and in force changes.

• Ensure consistency between product specifications, requirements, contract, prospectus, marketing materials, and service Standard Operating Procedures.

• Partner with Service, Marketing and others to develop new forms, applications, and web experience desired to ensure customer-focused experience for new and existing products.

• Assist with development, review and execution of Due Diligence and Communication strategies.

• Analyze options to solve issues that arise, develop recommendations and present results.

• Provide impact analysis and recommendations to management.

• Provide weekly project status/executive summaries as needed to communicate status, issues and recommendations related to deliverables.

• Conduct internal training for Service and Product Organizations on new product initiatives, as needed.

This is a hybrid role with onsite work locations in NJ, CT or PA.

Qualifications

• 4-7 years’ product management experience; Annuities, insurance or retirement solutions experience required.

• Bachelor’s degree or equivalent experience.

• Strong communication and presentation skills.

• Exceptional collaboration skills and ability to partner with a wide variety of other functions and levels, including Sales, Service, IT, Controls, Marketing and Actuarial functions.

• Strength of convictions and ability to influence decisions and champion product administrative or operational changes.

• Strong problem solving, decision making, negotiation, and partnership skills.

• Must have solid organizational skills with the ability to develop and execute plans.

• Ability to effectively manage several dissimilar deliverables and prioritize.

• Ability to work independently, as part of a team or lead a team.

• Excellent work ethic and self-motivated with the ability to prioritize, meet deadlines, and manage changing priorities.

• Ability to manage work in a fast paced, deadline driven environment, juggling multiple priorities.

• Experience in product support, product management, or project management is preferred.

• Ability to find creative ways to improve processes with strong analytical skills.

• Ability to collaborate effectively with multiple levels within the internal organization.

• Continuous Improvement, AGILE, or process optimization experience a plus.

• Experience working with Microsoft Word, Excel, Teams, and PowerPoint.

• Experience and understanding of the InsureTech, FinTech and ConsumerTech spaces preferred.

#LI-Hybrid

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $120,300.00 to $179,000.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.