Managing Director, Chief Product Officer - Confidential : Job Details

Managing Director, Chief Product Officer

About the Company

Top-tier life insurance & annuity services provider

IndustryInsurance

TypeSubsidiary of a Public Company

Founded2004

Employees1001-5000

Categories

• Robotics
• Financial Services
• Insurance
• Life Insurance

Specialties

• life insurance
• annuities
• reinsurance
• preneed funeral & memorial planning
• final expense insurance
• and retirement

Business Classifications

• B2C

About the Role

The Company is seeking a Managing Director, Chief Product Officer for its Retail division. This key leadership role is focused on driving product development and innovation to support the growth of the individual market. The successful candidate will be responsible for overseeing the development of various financial products, including annuities, life products, and reinsurance products. This includes setting new business pricing, managing existing products, and leading the overall product strategy. The role requires a deep understanding of asset characteristics, product ideation, and the ability to lead a team of product development, pricing, and modeling actuaries. Collaboration across different business areas, particularly with investments, risk, hedging, and finance, is essential to ensure product competitiveness and sales growth.Applicants for this role at the company should have a proven track record of product innovation, substantial leadership experience, and a detailed understanding of the financial, legal, and regulatory aspects of retail products. The role demands a candidate with expert communication skills, the ability to influence at the senior level, and a talent for aligning internal and external resources for successful outcomes. Experience in M&A is desired, and the ability to think creatively and strategically is a must. The Managing Director, and Chief Product Officer will also be responsible for leading product strategy to profitability, managing in-force profitability, and will be accountable for the execution of products within the retail franchise. The position requires a leader who can mentor and share knowledge, and who is committed to the values of the company, including diversity, excellence, and innovation.

Hiring Manager TitleCo-Heads of Individual Markets

Travel PercentLess than 10%

Functions

• Product Management
• Business Development
• Information Technology