Director, Annuitization Product Capability Owner

Role is responsible for supporting the management of the end-to-end suite of applications and products that comprise TIAA’s Lifetime Income Offers, including retail annuity products delivered through the annuity policy administration platform (OIPA) and related internal applications used to initiate lifetime income. You will define and support the development of large-scale insurance-based income solutions, adoption strategies, and road maps that meet internal and external customer and partner needs. This includes translating product strategy for building and retaining retail annuity products into clear business requirements and features for technology partners. Position must take into consideration all existing legacy processes and future builds as aligned with enterprise initiatives.
Key Responsibilities and Duties

• Collaborates directly with enterprise-wide business owners, distribution teams, partner teams such as Legal, Risk & Compliance (LR&C), client experience (DCX), advice solutions, other product managers and technology partners to deliver product solutions, coordinating cross-functional launch readiness to bring new annuity products and capabilities to market.

• Ensures compliance with enterprise strategy and strategic initiative prioritization to define and manage the offer roadmap development and delivery to planned outcomes across new product launches and in-force/retention initiatives.

• Collaborates with other product managers and compliance partners, contributes to impact assessment and solution design on new or enhanced product initiatives and/or compliance with regulatory changes.

• Supports research and discovery on stakeholder process improvement opportunities, Voice of Customer feedback, insights to inform solution strategy.

• Ensures product completeness including mitigation of risk through controls design and implementation, enterprise-wide stakeholder review and acceptance, operational readiness, and delivery of business value.

• Define and prioritize epic and capabilities; align product solution roadmap with enterprise portfolio roadmap; manage requirements in the solution intent through collaboration with solution architects and technology teams, translating product strategy into detailed business requirements and features that result in product delivery on the OIPA platform internally and externally.

• Acts as subject matter expert on retail annuity products, lifetime income, and offer capabilities for end-to-end processes and stakeholder impact, serving as a clear point of reference for both business and technical audiences.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 5+ Years Required; 7+ Years Preferred

Career Level
8IC

Required Skills

• 5+ years in product management, product ownership, or business analysis, ideally within insurance, annuities, wealth, or retirement

• 3+ years translating product strategy into documented business requirements for technology teams

• 3+ years leading cross-functional initiatives from concept through launch, including stakeholder groups outside direct reporting lines

• 2+ years in a role requiring regular presentation or influence with senior stakeholders or leadership

Preferred Skills

• Working knowledge of retail annuity and lifetime income products (e.g., SPIA, DIA, fixed, fixed-indexed, variable annuities, RILAs, GLWB riders, annuitization/payout options)

• Experience as a BA or product manager on a policy administration/recordkeeping platform, ideally OIPA

• Familiarity with SAFe delivery, backlog management, and requirements writing for rules-driven platforms

• Understanding of annuity regulatory and compliance landscape

Anticipated Posting End Date:

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.  In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans). 

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Company Overview

Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.

Our Culture of Impact

At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

Our full EEO & Non-Discrimination statement is on our careers home page, and you can read more about your rights and view government notices here.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. 

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team: 

Phone: (800) 842-2755

Email: [email protected]

Drug and Smoking Policy

TIAA maintains a drug-free and smoke/free workplace.

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