AVP, Bank and Broker Dealer Channel – Product Development

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Dayforce

WebsiteLinkedInAll Job Openings

5001 - 10000 employees

👥 HR Tech

☁️ SaaS

🏢 Enterprise

💰 $1G Post-IPO Debt - Dayforce on 2024-03

HR Tech • SaaS • Enterprise

Dayforce is a cloud-based human capital management (HCM) platform originally developed by Ceridian. It provides enterprise-focused HR functionality including payroll, workforce management (time and attendance, scheduling), talent and performance management, benefits administration, and related workforce analytics — delivered as a single SaaS application for employers.

📋 Description

• Identify product white‑space opportunities through competitive analysis, distributor feedback, and market research • Develop product concepts aligned to Bank/BD shelf requirements, including product type, crediting strategies, rider design, and features • Build and present business cases to leadership to support prioritization and approval decisions • Partner with Pricing to validate product concepts against profitability targets and competitive benchmarks • Own all Bank/BD annuity and life solutions across the full product lifecycle, including ideation, active management, and sunset • Partner with the Head of Product Development to ensure roadmap alignment with distribution strategy and organizational priorities • Collaborate with Senior Product Development Business Analysts to translate concepts into PPOs and detailed business requirements across pricing, actuarial, operations, and technology • Serve as the product expert, approving product specifications and rider documentation in partnership with Business Analysts • Monitor post‑launch performance and drive enhancements or corrective actions as needed • Partner closely with the IMO Channel Product Development AVP to maintain strategic cohesion across distribution channels • Identify opportunities to leverage shared platforms, common builds, and filing efficiencies • Align roadmap priorities to avoid duplication and maximize enterprise capacity • Review all Bank/BD marketing materials and sales collateral for factual accuracy across product specifications, rates, riders, and disclosures • Partner with Marketing to ensure materials clearly articulate competitive differentiation and product value • Approve product guides, presentations, and illustrations prior to distribution and resolve discrepancies against filed specifications • Represent Product Development across all implementation workstreams, including systems, illustration platforms, regulatory filings, and operational readiness • Partner with Operations, Technology, and TPA providers to ensure accurate and timely product builds • Lead UAT coordination and provide product sign‑off for system implementations • Support training and readiness activities for distribution partners and internal stakeholders ahead of product launches

🎯 Requirements

• 5+ years of experience in annuity and/or life product development with end‑to‑end implementation ownership • Strong knowledge of annuity and life products, including design, crediting strategies, rider mechanics, and regulatory requirements • Experience serving as a product owner within a structured development or implementation environment • Familiarity with illustration platforms, policy administration systems, and/or TPA partnerships • Ability to translate product concepts into detailed, actionable business requirements • Strong communication and influencing skills across Pricing, Operations, Compliance, Distribution, and Technology • Direct experience or significant exposure to the Bank/BD distribution channel • Bachelor’s degree required; advanced degree or MBA a plus

🏖️ Benefits

• comprehensive medical, dental, and vision coverage • HSA and 401(k) company match • paid time off • employer-paid life and disability insurance • variable compensation package