workday
Posted 4 weeks ago
Vice President, Head of Individual Retirement Product Development
Job description
Job Classification: Product Management - Product Management Retirement needs are changing, and Prudential is committed to helping more people protect their life's work. The Vice President, Head of Individual Retirement Product Development sits at the center of that mission—leading the development of products that help customers build, protect, and convert their savings into dependable retirement income while driving profitable growth for the business. The successful candidate will shape Prudential's annuity product roadmap, influence strategic growth priorities, and lead a talented team responsible for bringing innovative solutions and enhancements to market. As a member of the Individual Retirement Product leadership team, reporting to the Head of Individual Retirement Product, this leader will oversee product development across Prudential's core annuity businesses as well as emerging growth opportunities that deliver retirement security in brand new ways. The ideal candidate is a strategic, commercially minded product leader who can balance innovation, profitability, regulatory requirements, customer experience, operational complexity, and risk. This individual will lead a team and partner closely across the business to bring high-impact solutions from concept through launch. This is a highly visible leadership role for someone who wants to shape the future of retirement solutions at scale—driving disciplined innovation, strengthening Prudential’s competitive position, and developing talent in a complex, fast-moving business. Key Responsibilities Lead the product development function for new annuity products and enhancements across Prudential’s Individual Retirement business. Leverage industry insights, market trends, customer needs, and distribution partner feedback to identify market opportunities, prioritize solutions, and advance viable annuity concepts to the product roadmap. Lead a team that translates prioritized opportunities into viable, marketable product designs, balancing client value, business economics, and risk. Drive speed to market while maintaining strong execution discipline, quality, and appropriate governance. Build, coach, and develop a high-performing product development team, fostering a culture of ownership, collaboration, intellectual curiosity, and accountability for business outcomes. What We’re Looking For Significant experience in annuity product development, product management, pricing, or strategy. Strong understanding of annuity products and the retirement marketplace. Demonstrated ability to lead complex product initiatives from concept through launch in a highly regulated environment. Strong commercial judgment, financial acumen, and ability to evaluate tradeoffs across customer value, competitiveness, profitability, capital, operational complexity, and risk. Proven ability to lead teams, develop talent, and create clarity in a matrixed organization. Strong executive presence and communication skills, with the ability to influence senior leaders and align cross-functional partners around complex decisions. Ability to operate effectively in ambiguity, manage multiple priorities, and bring structure to complex business problems. Collaborative leadership style with a track record of building trusted relationships across disciplines. FINRA Series 6 or 7 license required. #LI-MG1 What we offer you: 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 $178,600.00 to $267,800.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Market competitive base salaries, with a yearly bonus potential at every level. Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. 401(k) plan with company match (up to 4%). Company-funded pension plan. Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs. Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development. Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs. Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period). 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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week. Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law. If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance. Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit news.prudential.com. Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential. PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit pgim.com. Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com. PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.
Skills and functions
- Product Management