Senior Manager, Product Development

Job Description

Responsibilities:

• Model cashflows of existing and new annuity product concepts and create illustrative materials to facilitate understanding across audiences ranging from project execution teams to senior executives

• Conduct advisor and customer feedback and input sessions to help ascertain the needs of investors and financial advisors

• Ideate and develop annuity products and product features that meet the needs of investors and financial advisors or that better align with the financial aspirations of Transamerica

• Perform regular and ad-hoc analysis comparing performance of various products and product features across targeted competition and broad market segments

• Perform analysis of product line financial performance and market positioning; determine key drivers and communicate conclusions to business partners.

• Generate solutions based on product line analysis; develop innovative solutions in partnership with key stakeholders (e.g. Legal, Pricing, Sales) that improve outcomes for the company and customers.

• Conduct cost benefit analysis; defend financial and strategic viability of potential product solutions.

• Educate a diverse range of audiences on Transamerica products and solutions.

Qualifications:

• Bachelor’s degree in business, economics or related discipline, or equivalent insurance/finance industry experience.

• Ten years of experience in the insurance/finance industry

• Proficient knowledge of insurance products and financial concepts, preferably related to annuities, retirement and investments.

• Experience related to product development, market research or consumer testing.

• Analytical and problem-solving skills to gather, analyze and model financial data or products.

• Communication and interpersonal skills to collaborate and build consensus with business partners and stakeholders.

• Presentation skills to communicate complex proposals to a wide range of audiences.

• Proficiency using MS Office tools.

Preferred Qualifications:

• Relevant experience in investments, actuarial and/or marketing roles.

• Relevant experience with programming, visualization and/or CRM systems.

Working Conditions:

• Hybrid (Tuesday - Thursday)

• Occasional travel to meet with stakeholders.

The Salary for this position generally ranges between$122,000 - $150,000 annually.Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors includingqualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Compensation Benefits

• Competitive Pay

• Bonus for Eligible Employees

Benefits Package

• Pension Plan

• 401k Match

• Employee Stock Purchase Plan

• Tuition Reimbursement

• Disability Insurance

• Medical Insurance

• Dental Insurance

• Vision Insurance

• Employee Discounts

• Career Training & Development Opportunities

Health and Work/Life Balance Benefits

• Paid Time Off starting at 160 hours annually for employees in their first year of service.

• Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

• Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars

• Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.

• Adoption Assistance

• Employee Assistance Program

• College Coach Program

• Back-Up Care Program

• PTO for Volunteer Hours

• Employee Matching Gifts Program

• Employee Resource Groups

• Inclusion and Diversity Programs

• Employee Recognition Program

• Referral Bonus Programs

Inclusion & Diversity

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts throughthe Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including theInclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees.Theyprovide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

Giving Back

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

Transamerica’s Parent Company

Aegonacquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.

* As of December 31, 2023