Pennington, NJ, 08534, USA
21 hours ago
Head of Annunity Product Management
Head of Annunity Product Management Jacksonville, Florida;New York, New York; Pennington, New Jersey **To proceed with your application, you must be at least 18 years of age.** Acknowledge Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/Lateral-US/job/Jacksonville/Head-of-Annunity-Product-Management\_25023847-2) **Job Description:** At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! **Job Description:** Annuitiesprovide an opportunity to create sustainable retirement income and protect against downside risk. The Head of Annuity Product is responsible for driving responsible growth, optimizing the client experience, innovating with an operational excellence mindset, and delivering exceptional risk management. The ideal candidate brings proven business leadership experience with a track record of managing complexity, leading stakeholders, and delivering results. This candidate must have a strong understanding of our enterprise values, ability to influence across lines of business, and connect within the industry. **Responsibilities:** • Strategic development of the platform including curating and governing the product offering • Financial performance including delivering against revenue targets, and managing line of business expenses (i.e. vendor and subscription costs) • Identifying, building business cases, securing, and executing technology projects to optimize client/advisor experience • Delivering exception client/advisor experience through the purchase process and lifecycle of annuity contracts • Engagement with 3rd party insurance companies and the annuity industry • Integration of annuity solutions within wealth management planning framework, and alignment with distribution partners (internal and external) • Marketing and brand development • Implementation of regulatory changes, and ongoing risk management of platform **Desired Qualifications** : • 12+ years wealth management and/or annuity experience (required) • Ability to think strategically about the current and future state of the annuity industry to maintain competitiveness • Ability to influence and communicate across lines of business, field leaders, and control units • Expertise with value proposition, operational systems, supervision, order entry workflow, 3rd party partner relationships, and regulatory landscape. • Bias for action to create momentum and drive speed of execution. • Ability to manage financial results, operational losses, client complaints, and expenses • Agility in learning to leverage emerging technology to simplify experience and lead industry • Ability to lead people, recruit, and develop talent • Exceptional communication skills – structuring presentations, written, and verbal Required qualifications: + Life/Health/Variable Annuity or ability to obtain within 120 days **Skills:** + Influence + Innovative Thinking + Oral Communications + Product Management + Strategy Planning and Development + Business Development + Executive Presence + Relationship Building + Strategic Thinking + Business Analytics + Client Experience Branding + Collaboration + Continuous Improvement + Presentation Skills **Shift:** 1st shift (United States of America) **Hours Per Week:** 40 Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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