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Director, Product Owner

AT Prudential Financial
Prudential Financial

Director, Product Owner

Minneapolis, MN

Job Classification:
Technology - Project Mgmt/Business Analysis

Our Company

For over 145 years, Prudential's diverse and talented employees have been committed to helping customers and their families grow and protect their wealth through a variety of products and services. We are known for delivering on our promises and are recognized as a trusted brand and one of the world's most admired companies.

The Business

At Prudential Retirement Strategies, we take protecting financial outcomes personally. Everyone deserves a stronger financial future. We deliver industry-leading strategies for growth and protection to help more individuals get from where they are now to where they want to be.

The Team

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The Retirement Strategies Individual Platform team at Prudential collaborates cross-functionally with business partners across Prudential to deliver Annuity product solutions to market.

The Role

The Product Owner Retirement Strategies Individual Product Platform is responsible for cross-functional implementation of new strategic implementation and system administration required to support all Annuities products. This individual will work with Product, Operations, Distribution, Third Party Vendors, Control Functions and Partner Firms to drive annuity product development solutions that align with our business strategy, modernize our offerings in traditional markets, and support expansion into new markets.

Product Owner on the Retirement Strategies Individual ProductPlatform Journey will be responsible for the following functions:

  • Lead and manage multiple scrum teams participating in including PI/ sprint planning and refinement, providing direction and resolving issues during team stand-ups, and managing dependencies on other teams.
  • Manages prioritization and trade-offs among customer experience, performance, and operational support. Acts as voice of the customer.
  • Owning the project scope of multiple teams to ensure successful delivery, meeting business expectations and established timelines.
  • Document user stories along with acceptance tests.
  • Ensure regulatory compliance and product design integrity for new administration processes and capabilities. Complete risk assessments and other controls related processes.
  • Develop implementation approach strategy recommendations to meet organizational objectives.
  • Partner with other Product Teams and vendor partners to define and coordinate implementation of product requirements for all new system administration and service processes requiring support; new product initiatives, in force changes, and defect resolution efforts.
  • Provide input on business scenarios and use cases and support QA processes for new products, new capabilities and enhancements to existing products.
  • Ensure consistency between product specifications, requirements, contract, prospectus, marketing materials, and service Standard Operating Procedures.
  • Develop executive summaries as needed to communicate status, issues and recommendations related to deliverables.
  • Develop and assist with training.
  • Strong annuity knowledge and experience across multiple areas - New Business, Commissions, etc...

Your Expertise

What you'll need to succeed:

  • 4-7 years' product management/product owner/product implementation experience or equivalent experience working with the NWOW journeys.
  • 2-5 years Annuities experience required.
  • Experience with FAST platform.
  • Experience in delivering different technologies (API, admin platform, and vendor integrations)
  • Bachelor's degree or equivalent experience.
  • Strong communication and presentation skills.
  • Exceptional collaboration skills and ability to partner with a wide variety of other functions and levels, including Sales, Service, IT, Control and Actuarial functions.
  • Strength of convictions and ability to influence decisions and champion product administrative or operational changes.
  • Solution oriented with strong problem-solving skills with a demonstrated ability to leverage resource materials to support decisions.
  • Must have solid organizational skills with the ability to develop and execute plans.
  • Ability to effectively manage several dissimilar deliverables and prioritize.
  • Ability to work independently, as part of a team or lead a team.
  • Excellent technical financial services product knowledge.
  • Ability to collaborate effectively with multiple levels within the internal organization.
  • Agile or other iterative Product implementation methodology experience preferred.

Hybrid 2 times a week in office

subject to change

What we offer you:

Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $160,700.00 to $217,300.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
  • Market competitive base salaries, with a yearly bonus potential at every level.


  • Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.


  • 401(k) plan with company match (up to 4%).


  • Company-funded pension plan.


  • Wellness Programsincluding up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.


  • Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.


  • Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.


  • Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.

If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.

If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.

Client-provided location(s): Minneapolis, MN, USA; Tampa, FL, USA; Portland, ME, USA; Newark, NJ, USA; Shelton, CT 06484, USA
Job ID: Prudential-R-119357
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • FSA With Employer Contribution
    • HSA
    • HSA With Employer Contribution
    • Health Insurance
  • Parental Benefits

    • Adoption Leave
    • Birth Parent or Maternity Leave
    • Adoption Assistance Program
    • Family Support Resources
  • Vacation and Time Off

    • Paid Holidays
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Pension
    • Stock Purchase Program