Senior Product Manager, Retirement Solutions

About Us At Transamerica, we value hard work, innovative thinking, and personal accountability. We believe in the power of a diverse workforce and strive to create an environment that allows our employees to balance their careers, families, and personal interests. Together, we work towards helping people plan for a better future by providing the tools and solutions they need. Who We Are For over a century, Transamerica has been committed to helping individuals from all walks of life achieve their financial goals. As part of a larger international holding company, we serve millions of customers and employ thousands across the globe. Our range of solutions in insurance, retirement, and investments empowers people to attain the freedom to live life on their terms. What We Do Transamerica operates through three distinct segments, including World Financial Group, Protection Solutions and Savings & Investments, and Financial Assets. Supported by our Corporate division, we ensure our diverse offerings are effective and impactful. Job Description Summary We are seeking a Senior Product Manager to drive our long-term strategy in developing innovative retirement products from concept to launch. In this role, you will manage existing product portfolios to maximize profitability. Key Responsibilities • Analyze market trends and the competitive landscape to identify product opportunities and devise compelling value propositions. • Research market opportunities, build business cases for product innovations, and gather consumer feedback to understand market dynamics. • Define product features, profitability metrics, sales goals, and timelines for product launches, ensuring cross-functional collaboration. • Conduct feasibility studies and engage in R&D to evaluate ideas, collaborating with sales and analytics teams for thorough testing. • Actively partner with various departments, including Marketing, Finance, and IT, to help determine product attributes and launch strategies. • Facilitate resolution of product-related issues and foster consensus among stakeholders regarding the business portfolio. • Source customer-centric product ideas and collaborate with different teams to create a robust product enhancement pipeline. • Develop presentations to effectively communicate research findings and strategic recommendations to senior management. Qualifications • Bachelor's degree in a business-related field or equivalent experience. • Minimum of four years of product development experience in the retirement industry. • Comprehensive knowledge of retirement product features and marketing techniques. • Understanding of profitability metrics and analytics. • Strong analytical skills with attention to detail for market analysis and assessments. • Excellent communication and interpersonal skills to advocate for recommendations effectively. • Strong decision-making capabilities to design research and utilize insights for product development. • Strategic thinker with strong facilitation skills. • Proficient in MS Office, particularly Excel, PowerPoint, and Word. Working Conditions • Hybrid office environment: 3 days in the office (Baltimore, Cedar Rapids, Philadelphia, Denver). • Occasional travel may be required. The salary for this position generally ranges between $87,000-$115,000 annually, depending on qualifications and experience. Additionally, this position may be eligible for an annual bonus of 15% based on performance. Benefits • Comprehensive benefits package including pension plan and 401(k) matching. • Opportunities for professional development and tuition reimbursement. • Paid time off starting at 160 hours annually plus 10 paid holidays. • Wellness programs and paid parental leave options. Inclusion & Diversity At Transamerica, we are committed to creating a diverse and inclusive work environment. We encourage our employees to engage in programs and groups that promote diversity, equity, and inclusion. Giving Back Our corporate responsibility extends beyond business as we actively support community well-being through the Aegon Transamerica Foundation.