Product Manager – Growth Initiatives
Prudential Financial
full-time
Posted on:
Location Type: Hybrid
Location: Hartford • Connecticut • United States
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Salary
💰 $123,700 - $204,100 per year
About the role
- Monitor emerging business results, market insights, and changes to the economic and regulatory environments
- Partner with Pricing to understand evolving changes in product pricing inputs and assumptions and their influence on product economics
- Collaborate across the business system to manage all aspects of the P&L, proactively managing the economics of new and inforce business to maximize value generation and manage risk
- Maintain awareness of competitor rates and relative positioning of products in the Growth portfolio
- Manage relationships with key stakeholders on the Future Growth Initiatives team to share insights and gather feedback on proposed rate action
- Support RFP / RFI response efforts as well as the development of pitch decks, term sheets, and other materials used in cultivating Future Growth pipeline opportunities
- Partner with the Individual Retirement Strategies Product Development team to evaluate the viability of prioritized innovation initiatives to define the Growth Initiatives product roadmap
- Leverage the empowered business model to execute upon the Growth Initiatives product roadmap through the Product Development, Product Support, and Product Implementation teams
Requirements
- Bachelor’s Degree or equivalent experience
- 5+ years of experience in annuities, insurance, or retirement solutions
- FINRA Series 6 or 7 license preferred
- Strong financial and business acumen
- Strong analytical skills, preferably with advanced knowledge of Microsoft Excel
- Exceptional collaboration skills and ability to partner with a wide variety of other functions and levels, including Sales, Operations, IT, Control functions, Investment Management, Marketing, and Actuarial functions
- Exceptional verbal and written communication/presentation skills
- Approaches work with intellectual curiosity
- Self‐motivated, proactive, and able to work independently or as part of a team
- Highly organized and adept at handling multiple, changing priorities
- Skilled at resolving conflict and negotiating effectively and tactfully
Benefits
- 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), after one year of service
- Eligibility to participate in a discretionary annual incentive program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial acumenbusiness acumenanalytical skillsMicrosoft Excelproduct economicsP&L managementrate action analysisproduct developmentrisk managementnegotiation
Soft Skills
collaborationcommunicationpresentationintellectual curiosityself-motivatedproactiveorganizational skillsconflict resolutionability to handle multiple prioritiesteamwork
Certifications
Bachelor’s DegreeFINRA Series 6FINRA Series 7