Product Manager - Retirement and Annuities

Company: EDWARD JONES
Location: Waterloo
Posted on: January 27, 2023

Job Description:

At Edward Jones, we help clients achieve their serious, long-term financial goals by understanding their needs and implementing tailored solutions. To ensure a personal client experience, we have located our 15,000+ branch offices where our more than 7 million clients live and work.

In a typical branch office, a financial advisor meets with clients and receives branch office support, so they can focus on building deep relationships with clients. Headquarters associates in St. Louis, Tempe and Mississauga provide support and expertise to help U.S. and Canada branch teams deliver an ideal client experience. We continue to grow to meet the needs of long-term individual investors.As a Product Manager with the Wealth Management Advice and Solutions division, you will be responsible for managing the Annuity and Retirement Products strategy for Edward Jones. The team leads and coordinates product, distribution, wholesaling, and Product Partner strategy for the firm. We do this by working with senior leaders of our insurance partners to co-create products that meet the needs of Edward Jones clients and develop marketing and wholesaling strategies to help deliver the best products to our Financial Advisors and their clients. You will have the opportunity to build and maintain a strong network of business partners, and partner with them on strategies, solutions and opportunities. You will lead cross-functional teams from Advice and Guidance, Operations, Service, Compliance, and Legal to develop solutions that help clients achieve their Retirement Goals.

• Collaborate with the team to develop and execute the firm's Annuity and Retirement product strategy to ensure branch teams have quality products and support needed to help clients achieve their financial goals.
• Participate in the design and development of innovative products that align with firm advice and guidance in collaboration with internal and external stakeholders. Gather data and insights and conduct analysis of advanced complexity that inform product strategy and development.
• Responsible for product partner relationships of moderate to significant size, complexity, number or impact in order to:
• Manage and maintain their portfolio of products including influencing recommendations to add / remove / change products or product partners as needed.
• Help shape and execute business plans that align with firm strategic direction
• Ensure that product literature and wholesaling support is effective (quantity and quality), aligned with key firm messages and compliant
• Collaborate on the design and development of integrated platforms, systems, tools and processes that create a better client and branch team experience
• Resolve moderately complex / broad product partner issues as escalated.
• Interface with product partner peer contacts (Eg. relationship managers, product analysts, divisional sales managers, and operational managers)
• Serve as a subject matter expert for the assigned product partner products for the firm. Includes broad and some advanced knowledge of product partner products features, benefits, pricing, etc. and their relative positioning in the marketplace.
• Develop understanding of rules and potential changes in the tax, legal and regulatory environment for the product line
• Leads certain additional responsibilities specific to the team or area (Eg. recruiting, training, product partner coordination, wholesaler effectiveness)
• Participate in broad division, firm or industry initiatives and events as needed to represent the product line in alignment with firm strategy (Eg. cross divisional-projects, internal committees, product partner events, regional events, industry groups, etc.)Education/Certification:

• Bachelor's degree required with quantitative discipline preferred (Eg. finance, economics, accounting, math, engineering, actuarial science, etc.).
• Series 7, 66 and State life / health license required within 12 months of hire.
• Progress toward advanced degree or relevant industry designation(s) preferred
• ASA, FSA, CFA, CFP, CLU, ChFC, CPA, etc.Years of Experience:
  • Generally, 7+ years of relevant financial services experience, experience preferred.Functional Knowledge:
    • Broad and some advanced knowledge of product line products
    • Strong technical aptitude and analytical skills
    • Highly collaborative
    • Solid written, verbal and presentation skills
    • Intermediate proficiency with systems and tools such as MS Office, Tableau and databases
      • 100 Best Workplaces for Millennials in 2022, published Fortune July 2022, Great Places to Work - data as of March 2022. Compensation provided for using, not obtaining, the rating.
        • Edward Jones was recognized as one of the Best Workplaces for Millennials by Great Places to Work - and Fortune - magazine. The privately held firm ranked No. 2 overall, in its fourth appearance on the list.2022 Fortune Best Workplaces for Women, published September 2022, research by Great Places to Work -, data as of August 2021. Compensation provided for using, not obtaining, the rating.
          Edward Jones has been named to the 2022 Best Workplaces for Women list by Great Places to Work - and Fortune - magazine, ranking No. 45.2022 Fortune's 100 Best Companies to Work For, published April 2022, research by Great Place to Work -, data as of August 2021. Compensation provided for using, not obtaining, the rating.

          For the 23rd time, Edward Jones has earned a spot on the Fortune 100 Best Companies to Work For - ranking by Great Places to Work - and Fortune - magazine. Edward Jones ranked No. 35 on the prestigious 2022 list.2022 Best Places to Work For LGBTQ+ Equality, Great Place to Work - in partnership with Human Rights Campaign Foundation, published Equity Magazine January 2022, data as of July 2021. Compensation provided for using, not obtaining, the rating.

          Edward Jones scored 100 percent on the Human Rights Campaign Foundation's 2022 Corporate Equality Index (CEI) the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The ranking designated Jones as one of the best places to work for LGBTQ+Equality.Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.At Edward Jones, we value and respect our associates and their contributions, and we recognize individual efforts through a rewards program that promotes a long-term career, financial security and well-being. to learn more about our total compensation approach, which in addition to base salary, typically includes benefits, bonuses and profit sharing. The salary range for this role is based on national data and actual pay is based on skills, experience, education, and other relevant factors for a potential new associate:
          Salary: $92984 - $158325
          Category: Headquarters

Keywords: EDWARD JONES, Springfield , Product Manager - Retirement and Annuities, Accounting, Auditing , Waterloo, Illinois