Director, Product Concept Development

About the role

At Corebridge Financial, we believe action is everything. That's why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow. We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life: We are stronger as one: We collaborate across the enterprise, scale what works and act decisively for our customers and partners. We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders. We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future. We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work. Who You'll Work With The individual retirement product development team is responsible for determining the "what" and the "why" of solutions that we choose to bring to market. Specifically, what is the solution and the needs that it is solving for Corebridge key stakeholders, and why does this solution make sense for Corebridge to deliver. The Director, Product Concept Development, is responsible for taking product concepts from the innovation/ideation phase and building out comprehensive product specifications that serve as the single source of truth through the product life cycle. This individual will work closely with the rest of the product team to address open design questions and tailor the product design to both meet regulatory requirements and simplify the design for administrative purposes (where possible and appropriate). The Director of Product Concept Development will have overall responsibility for maintaining the product specification library and ensuring that product documentation remains up to date and accurate. Additionally, this individual be accountable for ensuring that handoff dates are met and product delivery is on time and products launched maintain the integrity of what was intended when designed. This individual will also consult with cross functional team to assist in formalizing launch plans and scope as well as creating a glide path for future enhancements.

Responsibilities

• Partner with product development innovation lead gain understanding and turn early-stage scoping documents into product specifications
• Draft specifications in a way that can be easily translated into contract forms to streamline drafting and filing timelines
• Partner closely with business analysts and cross-functional teams to flesh out open product design items and close out open items in a timely manner to ensure on time delivery
• Understand and be able to articulate overall positioning and rationale for product design and decisions that were made in the design phase
• Maintain clear and searchable records of decisions and rationale (supporting documentation) to inform future business decisions
• Operate with a level of skepticism when intaking and developing new concepts to "break" the concept and root out issues
• Support the downstream product lifecycle from implementation to post launch support as necessary
• Maintain key focus of product development efforts on concepts that enhance stakeholder value

Requirements

• Bachelor's degree in business, tax, financial services or related studies
• Minimum of 10+ years of annuity industry experience
• Understanding of annuity functional impacts to new product development work - anticipate issues and contemplate solutions
• Working knowledge of annuity industry operational processes
• Ability to leverage resources to formulate and challenge hypotheses and arrive and conclusions quickly
• Strong executive presence
• Experience in leading without authority and influence change across an organization
• Deep understanding of the annuity market, annuity products, annuity sales process, sales drivers, internal business process flows and administrative platforms
• Strong relationship skills
• Natural collaborator with the ability to bring various functions together to drive decisions
• Ability to think like a business owner
• Contract drafting and filing experience a plus

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