Field Experience and Platforms, Insurance & Annuities, VP

Morgan Stanley; Purchase (NY); On-site; USD 110,000 - 190,000; Full time

Job summary

Morgan Stanley's Wealth Management Insurance & Annuities Platform seeks a Product Owner in Purchase, NY. You will partner with business and technology teams to define requirements and prioritize the backlog through production rollout.

Responsibilities include digitizing manual processes, improving order entry, suitability, and policy servicing; manage risks and dependencies; collaborate with senior stakeholders to deliver measurable business impact; strong communication is essential.

Qualifications

• Bachelor's Degree (or equivalent) required.
• 7+ years of relevant finance industry experience.
• Knowledge of annuity and life insurance products, workflows and industry practices.
• Familiarity with Agile Methodology in Product Owner or similar role.

Responsibilities

• Define business requirements and prioritize the product backlog from concept to production rollout.
• Identify opportunities to digitize and automate manual processes across workflows (order entry, suitability, servicing).
• Manage risks, dependencies, and cross-functional coordination with stakeholders (Legal, Compliance, Risk, Tech, Sales, Operations).

Skills

Finance industry experience

Attention to detail

Written and verbal communication

Problem solving

Time management

Owner mindset

Education

Bachelor's Degree

Tools

Agile

Job description

Field Experience and Platforms, Insurance & Annuities, VP

Purchase, NY

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve, and grow. A philosophy that balances personal lifestyles, perspectives, and needs is an important part of our culture.

This role sits within Wealth Management’s Annuity and Insurance Platform team, which supports the technology, platforms, and processes used by Financial Advisors and clients across the annuity and insurance business. The team is responsible for leading strategic initiatives, platform enhancements, and application reengineering efforts designed to improve the Financial Advisor and client experience, strengthen controls, and increase operational efficiency. The Product Owner will support Agile squads and partner closely with stakeholders across Wealth Management, including Product, Sales, Operations, Technology, Legal, Compliance, Risk, and third-party partners, to manage strategic initiatives throughout the program development lifecycle.

The Product Owner will work closely with business and technology partners to define business requirements, prioritize the product backlog, coordinate development and testing activities, manage risks and dependencies, and support the implementation of new capabilities from initial concept through production rollout.

Key responsibilities include identifying opportunities to digitize and automate manual processes, enhance new business order entry, suitability, supervisory review, policy servicing, and post-issue workflows. The Product Owner will also assess existing processes and workflows to identify opportunities for simplification, standardization, and continuous improvement, while proactively identifying, tracking, and escalating risks, issues, and dependencies.

Qualifications

• Bachelor's Degree
• Ideal candidate will have 7+ years of relevant finance industry experience
• Knowledge of annuity and life insurance products, workflows and industry practices.
• Familiarity with Agile Methodology in Product Owner or similar role
• Organized and attention to detail focused
• Problem solving skills with the ability to identify and elevate risks
• Ability to take direction and work independently, as well as in a team environment
• Firm understanding of the importance of accuracy in quality of work/downstream impacts
• Excellent written and verbal communication skills and ability to effectively interact with senior management
• Strong reasoning and problem-solving skills and ability to think and act like an owner
• Efficient time management skills / ability to prioritize competing urgent tasks that team is involved with
• High level of organizational skills and attention to detail

What You Can Expect From Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

Expected base pay rates for the role will be between $110,000 and $190,000 per year at

the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.