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Director of Annuity Operations
Job in
New York, New York County, New York, 10261, USA
Listed on 2026-09-25
Listing for:
Selby Jennings
Full Time
position Listed on 2026-09-25
Job specializations:
-
Business
Banking & Finance, Risk Manager/Analyst -
Insurance
Banking & Finance, Risk Manager/Analyst
Job Description & How to Apply Below
Our client is seeking a Director of Annuity Operations to build the end-to-end operational framework supporting a growing annuity platform. This is a highly visible role requiring both deep product fluency and the ability to translate that knowledge into scalable, client-centric operational strategies.
Key Responsibilities Product & Operational Alignment- Serve as a subject matter expert on fixed annuity products, including MYGAs, FIAs, and income riders, with a strong understanding of how product design impacts administration, servicing, and policyholder behavior
- Partner closely with Product, Actuarial, and Distribution teams to ensure seamless implementation and administration of new and existing products
- Translate complex product features (crediting strategies, caps/floors, surrender schedules, riders) into clear, efficient operational processes
- Lead day-to-day annuity operations across onboarding, policy administration, servicing, and claims
- Identify opportunities to streamline workflows, automate processes, and improve scalability
- Partner with Technology and third-party administrators to enhance platforms, tools, and data capabilities
- Drive continuous improvement initiatives across processing efficiency, accuracy, and risk management
- Act as a key liaison between Operations, Product, Finance, Risk, Compliance, and IT to ensure alignment across the annuity lifecycle
- Support new product launches by ensuring operational readiness, including system configuration, workflows, and servicing models
- Provide input into product design discussions from an operational feasibility and service perspective
- Support broader business strategy by ensuring operations can scale alongside growth in annuity volumes
- Contribute to decisions around vendor strategy, platform selection, and operational model design
- Use data and KPIs to drive decision-making and measure success across operational performance and client experience
- 10+ years of experience in life insurance / annuities, with significant exposure to annuity operations and/or product
- Strong understanding of fixed annuity products, including MYGA, FIA, and associated riders, and how they function operationally
- Demonstrated ability to connect product design with operational execution and client experience
- Experience leading teams and driving process improvement or transformation initiatives
- Strong stakeholder management skills across actuarial, product, and business leadership
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