Annuity Product Manager (Hybrid)

Guardianlife; Holmdel Township (NJ); On-site; USD 103,000 - 170,000; Full time

Job summary

Guardian Life is seeking an experienced product development lead in New Jersey to drive detailed specifications for annuity products and enhancements, securing consensus among cross-functional stakeholders on features, business rules, and system functionality while managing the development lifecycle and communicating requirements and changes.

You will oversee testing, translate business needs into Transcend/ALIP configurations, review contract language, develop illustration systems, and

Qualifications

• Expert-level knowledge of annuity product design, administration systems, and product configurations.

Responsibilities

• Lead the development of detailed specifications for new annuity products and enhancements, aligning stakeholders on features, business rules, and system functionality.

Skills

Annuity product design

Administration systems

Product configurations

MS Office

Writing skills

Education

BA/BS+ or equivalent

Tools

Transcend

ALIP

Job description

Requirements

• Minimum requirements : Expert-level knowledge of annuity product design, administration systems, and product configurations.
• Education: BA/BS+ or equivalent work experience
• Strong writing and proofreading skills
• Experience: 10+ years in financial services, 5+ years working with policy administration systems
• Advanced skill level in MS Office (Word, Excel, and PowerPoint)
• Preferred requirements: Proven experience leading the implementation of new product launches and enhancements.

Responsibilities

New Product Development and Enhancements

Lead the development of detailed specifications for new annuity products and enhancements, driving consensus among cross-functional stakeholders on product features, business rules, and system functionality while managing the development lifecycle and communicating requirements, updates, and changes.

Evaluate new product concepts for operational and technical feasibility.

Review and approve contract, rider, and prospectus language for consistency with product specifications.

Develop and maintain illustration systems.

Problem resolution and exception request reviews.

Testing Oversight and Product System Specialist (Transcend, ALIP)

Review and approve test cases developed by the ESQA and IT teams, ensuring validation of new product features, calculations, business rules, contract values, workflows, and system functionality.

Identify testing gaps, request additional test scenarios as needed, communicate defects and approve testing results upon successful validation of product requirements.

Act as a liaison between the Product and Technology teams, leveraging deep expertise in annuity products and Transcend administration to translate business requirements into ALIP configuration and design.

Client Communications

Lead the design, development, implementation, and ongoing maintenance of client-facing (regulatory required) communications, including transaction confirmations, quarterly statements, annual statements, and other required disclosures.

Partner with IT (ECM), Operations, Compliance, and Legal teams to define business requirements, and ensure accurate representation of product features, values, calculations, and regulatory content across all client and financial rep platforms (Client portal, Client Manager).

Annuity Rate Management and Implementation

Participate in the weekly deployment of annuity (FIA, RILA, SPIA, DIA, and SPDA) product new business and renewal rates across multiple administration and illustration systems.

Update spreadsheets for In-Force rates using rate data provided by Investments/Actuarial.

Salary Range

$103,450.00 - $169,960.00

The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.

Our Promise

At Guardian, you'll have the support and flexibility to achieve your professional and personal goals. Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.

Inspire Well-Being

As part of Guardian's Purpose - to inspire well-being - we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues. Explore our company benefits at www.guardianlife.com/careers/corporate/benefits . Benefits apply to full-time eligible employees. Interns are not eligible for most Company benefits.

Equal Employment Opportunity

Guardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.

Accommodations

Guardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. Guardian also provides reasonable accommodations to qualified job applicants (and employees) to accommodate the individual's known limitations related to pregnancy, childbirth, or related medical conditions, unless doing so would create an undue hardship. If reasonable accommodation is needed to participate in the job application or interview process,