Fidelity

Fidelity

Senior Manager, Annuity Product Management

Boston, MA · Senior · Full-time

Sponsorship not specified$89k-$180kDetected 1 day ago
Product ManagementProduct StrategyProject ManagementExcelCommunicationCollaborationCritical ThinkingActuarial Science

About the role

  • This role focuses on in-market product management and execution, while supporting on-going product development initiatives.
  • The role helps ensure products remain competitive, well-positioned, and aligned with customer needs and business objectives.

Responsibilities

  • Coordinate and manage product enhancement strategic initiatives across cross-functional teams to ensure timely execution, including potential new fund additions to variable annuities and product feature updates, etc.
  • Collaborate with distribution to update training and marketing materials for new product enhancement
  • Support product training to customer facing advisors, if needed
  • The Senior Manager partners closely with Directors of Product Management, cross-functional teams, and external partners to ensure effective day-to-day product management and drive key enhancement initiatives.
  • Manage Existing Products:
  • Maintain detailed product specifications and collateral in collaboration with product actuaries, compliance, technology and cross-functional teams
  • Partner with Operations, Actuarial, Compliance etc. on maintenance of annuity forms
  • Work closely with Director of Product Management to deliver quarterly product update on annuity products to deliver market and product insights that help inform strategic decisions
  • Partner with Director of Product Management on annuity pricing rate submission in various systems, in collaboration with FILI actuarial team and reinsurance partners
  • Maintain and publish rate and sales tracking reports and analysis

Requirements

  • The ideal candidate must have strong knowledge in individual fixed and variable annuity products.
  • The Expertise and Skills You Bring
  • Bachelor's degree required

Skills

  • Review contracts, riders, and prospectus language for consistency with product specifications
  • Maintain and support quarterly performance reporting
  • Review and maintain product training materials

Compensation

  • The base salary range for this position is $89,000-$180,000 per year.

Benefits

  • Knowledge of financial services products, and the role of annuities in retirement planning
  • Experience with Life insurance and group annuity is a plus

Company info

  • Outstanding opportunity to join a newly formed team at FILI.
  • The growing FILI Product Team is a dynamic group that supports the development and management of new annuity and life insurance products to provide value to Fidelity customers.
  • FILI provides financial products that help Fidelity's investors achieve lifetime financial goals.
  • Having annuity and life insurance solutions as options is a strategic advantage for Fidelity's Brokerage and Wealth Management business units.
  • Our products help ensure our clients do not outlive their assets in retirement, safeguard portfolios from market volatility and protect against premature death.
  • Fidelity's Onsite Working Model
  • Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles.
  • Currently, some roles and locations require 100% onsite presence, while others require less.
  • Onsite expectations are likely to evolve as the rollout continues.
  • This transition does not apply to fully remote roles.
  • The base salary range for this position is $89,000-$180,000 per year.
  • Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.
  • Base salary is only part of the total compensation package.
  • Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
  • We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home.
  • These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.
  • Note, the application window closes when the position is filled or unposted.
  • Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others.
  • Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
  • Certifications:
  • Business Strategy

Visa & Work Authorization

  • Note: Fidelity is not providing immigration sponsorship for this position
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This listing is sourced directly from Fidelity's careers page and normalized into a canonical job model.