[Remote] Vice President - Life Product and Economics – Remote

🌍 Remote, USA 💹 Full-time 🕐 Posted Recently

Job Description

Note: The job is a remote job and is open to candidates in USA. Symetra is a national financial services company dedicated to helping people achieve their financial goals. The Vice President, Product & Economics for the Individual Life Division is responsible for leading product strategy, portfolio direction, and economic decision-making to ensure alignment with growth ambitions and risk management.

Set ILD’s product strategy and portfolio direction across life insurance offerings
Establish clear decision criteria, economic framing, and strategic priorities for product initiatives
Own product oversight and product decisions through the Product Committee, ensuring disciplined evaluation, alignment, and timely handling of critical issues as needed
Lead via senior functional product leaders who manage day-to-day execution and committee cadence
Shape ILD strategy and investment tradeoffs through rigorous economic vetting, scenario analysis, and strategic recommendations
Partner across actuarial, underwriting, distribution, and finance to integrate product direction with ILD’s strategic goals and operational capacity
Provide senior economic judgment on profitability, customer behavior, risk, capital sensitivity, and reinsurance
Guide complex, high impact initiatives where structure matters (e.g., large-case designs, premium financing, executive benefits, BOLI/COLI)
Partner with Actuarial and Reinsurance leaders to evaluate risk-transfer strategies and long-term value implications
Oversee market intelligence and competitive assessment activities
Translate market signals, customer insights, and distribution dynamics into clear product actions and positioning recommendations
Align product strategy to distribution needs through close partnership with Sales and Business Development
Engage selectively with external counterparties (e.g., reinsurers, strategic partners) on initiatives where product economics and structuring require senior level judgment
Support key strategic negotiations in partnership with cross-functional leaders
Strengthen ILD’s use of data, analytics, and emerging capabilities (including AI) to drive data-driven decision-making
Find opportunities to modernize product workflows and improve decision speed and operational efficiency
Communicate complex product, economic, and strategic topics clearly to executive audiences
Serve as a strategic thought partner across ILD and contribute to division wide priorities and investment decisions

15+ years of experience in the life insurance industry with senior leadership roles in product strategy, product development, product management, or similar domains required
Deep understanding of life insurance product economics and key tradeoffs
Experienced in influencing through senior functional leaders and delivering complex initiatives end to end
Strong executive presence with the ability to synthesize complex concepts and influence senior partners
Comfort engaging selective external partners (e.g., reinsurers) and supporting strategic negotiations
Ability to travel as needed
Background in actuarial science (FSA/ASA), corporate strategy, or advisory roles a plus

Flexible full-time or hybrid telecommuting arrangements
Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
Paid time away including vacation and sick time, flex days and ten paid holidays
Give back to your community and double your impact through our company matching

Symetra is a financial service company that provides retirement, employee benefits, group life, and disability insurance. It was founded in 1957, and is headquartered in Bellevue, Washington, USA, with a workforce of 1001-5000 employees. Its website is http://www.symetra.com.

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