The AVP, Annuity Product Development & Strategy is accountable for managing the research and development of products for F&G's Retail Annuity product portfolio, along with maintaining a competitive product portfolio that supports the execution of strategic goals for the Retail organization. This role leads market research, competitive analysis, and development and design initiatives, ensuring F&G's product offering remains competitive and aligned with customer needs and market dynamics.
Requirements
- Collaborate with the Retail Senior Leadership Team to identify innovative product concepts to be considered for the product roadmap.
- Ensure robust due diligence process to conduct in-depth analysis along with appropriate concept testing.
- Effectively communicate value proposition of product concepts prior to moving through the product development process.
- Develop close working relationships with key external distribution partners and an understanding of their business models, product needs and partnership opportunities.
- Recommend product strategy and relevant concepts in support of strategic goals
- Maintain strong working relationships with internal business partners to collaboratively manage workflow between functional areas in order to more effectively achieve strategic objectives
- Work closely with cross-functional stakeholders to ensure objectives for each product development stage are met and are aligned with both product and enterprise goals.
- Oversee product development and ideation.
- In partnership with Retail leadership, monitor the health of product portfolio and success of product launch activity.
- Collaborate with the Retail team to advocate for business segment priorities and advise on current and upcoming development efforts
- Leverage market intelligence insights to inform product development strategies, including data driven prioritization of new business opportunities and optimization of competitive positioning
- Lead competitive intelligence efforts by tracking and analyzing competitor product launches, feature enhancements, pricing changes, and market positioning to proactively identify threats and opportunities for F&G's retail annuity portfolio.
- Proactively monitor the regulatory landscape to address and respond to regulatory issues to develop and execute any necessary product or operational changes to adhere to regulatory requirements
