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Bank of America

Head of Annuity Product Management

Bank of America, New York, New York, us, 10261

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Overview

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!

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 exceptional 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

Age requirement: Must at least be 18 years of age.

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please contact us by calling

1.877.760.2076 . This is a dedicated line designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.

Please note : Messages left for other purposes such as following up on an application or non-disability related technical issues, will not receive a response.

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