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Product Manager - Retirement Strategies
Product Manager - Retirement Strategies-September 2024
Minneapolis
Sep 20, 2024
ABOUT PRUDENTIAL
Prudential is a financial services company that helps customers grow and protect their wealth.
10,000+ employees
Financial Services, Technology
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About Product Manager - Retirement Strategies

  Job Classification:

  Product Management - Product Management

  At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading financial services institutions!

  This role supports our Prudential Retirement Strategies business where 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 Retirement Services Individual Platform team at Prudential collaborates cross-functionally with business partners across Prudential Retirement Strategies to deliver Annuity product solutions to market. This Product Manager role is responsible for cross-functional implementation of innovative strategic system administration required to support all Annuities products. This individual will work with Product, Operations, 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 additional markets.

  The current EWA for this position is Hybrid and requires your on-site presence 2 days per week in one of the following Prudential offices: Shelton CT, Fort Washington PA, Newark NJ, Plymouth MN or Jacksonville FL.

  What you can expect:

  Product Manager on the Retirement Solutions Individual Platform Journey will be responsible for the following functions:

  Lead and/or member of scrum team participating in including PI/ sprint planning and refinement, providing direction and resolving issues during team stand-ups, and handling dependencies on other teams.Manages prioritization and trade-offs among customer experience, performance, and operational support Acts as voice of the customer. Lead the project scope to ensure successful delivery, meeting business expectations and established timelines. Document user stories along with acceptance tests.Ensure regulatory compliance and product design integrity for new administration processes and capabilities. Complete risk assessments and other controls related processes. Create implementation approach strategy recommendations to meet organizational objectives. Confirm consistency between product specifications, requirements, contract, prospectus, marketing materials, and service Standard Operating Procedures.Partner with other Product Teams to define product requirements for all new system administration and service processes required, support product initiatives, in force changes, and defect resolution efforts.Provide input on business scenarios and use cases and support QA processes for new products, new capabilities and enhancements to existing products.

  What you'll need:

  4-7 years' product management experience; Annuities or retirement related field experience required. Bachelor's degree or equivalent experience.Strong communication and presentation skills. Strength of convictions and ability to influence decisions and champion product administrative or operational changes.Exceptional collaboration skills and ability to partner with a wide variety of other functions and levels, including Sales, Service, IT, Control and Actuarial functions.Solution oriented with strong problem-solving skills with a demonstrated ability to leverage resource materials to support decisions. Must have solid organizational skills with the ability to develop and execute plans.Agile or other iterative Product implementation methodology experience preferred

  Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

  At Prudential, you can:

  Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.

  We're a global organization, full of outstandingly dedicated people who aren't afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

  What we offer you:

  The below is an example of our US benefits summary

  Market competitive base salaries, with a yearly bonus potential at every levelMedical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leaveRetirement plans:401(k) plan with company match (up to 4%)Company-funded pension planWellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needsWork/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.

  To find out more about our Total Reward 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.

  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.

  Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

  Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

  We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

  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.

  The Prudential Insurance Company of America, Newark, NJ and its affiliates.

  Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at [email protected] for more information about doing business with Prudential.

  PEOPLE WITH DISABILITIES:

  If you need an accommodation to complete the application process, which may include an assessment, please email [email protected].

  Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.

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