Product Manager Compensation Specialist

Who We Are

At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

• We are stronger as one: We collaborate across the enterprise, scale what works and act   decisively for our customers and partners.
• We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
• We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

About The Role
 

This position is responsible for supporting the implementation, ongoing management, and sales enablement of the Individual Retirement Annuities product lines, with primary emphasis on compensation management. The incumbent will lead and support initiatives that drive operational excellence and strategic alignment across product, distributor, and compensation programs.
 

The successful candidate will ensure the timely and cost-effective execution of product and non-product initiatives, collaborating closely with internal business partners and external distribution partners. This role requires a high degree of subject matter expertise in annuity compensation, strong analytical and communication skills, and the ability to effectively manage multiple priorities in a dynamic environment.

Responsibilities

• Support compensation updates for annuity products distributed through broker-dealers, banks, independent marketing organizations (IMOs), general agencies, and other distribution channels.

• Manage the commission governance process, ensuring accuracy, transparency, and consistency across compensation programs, while driving continuous process improvement.

• Independently manage firm commission change requests from initiation through implementation, maintaining clear communication and alignment with internal stakeholders to ensure timely and precise execution.

• Lead and coordinate strategic initiatives (i.e., Elite Producer Compensation program), ensuring effective collaboration across business units and successful program implementation.

• Partner with senior leadership to conduct annual reviews and implement standardized IMO compensation programs that are competitive and consistent with industry practices.

• Serve as the subject matter expert (SME) for product compensation across all Individual Retirement Annuities product lines, providing guidance and insight to internal and external stakeholders.

• Collaborate with Sales, Operations, IT, Legal, and Marketing teams to support large-scale product launches, including the establishment of commission structures, review of custom compensation arrangements, and facilitation of necessary approvals.

• Lead cross-functional working groups to ensure alignment and effective implementation of initiatives, including preparation of agendas, senior leadership decks, documentation of action items, and timely follow-up.

• Conduct compensation-related research and data analysis to support product distribution strategies and business objectives.

• Contribute to the development of new product ideas and initiatives that enhance market competitiveness and sales effectiveness.

• Perform additional duties as needed to ensure timely, accurate, and cost-effective support of new initiatives and strategic projects.

Skills and Qualification

• 2-7 years of product management, product development, distributor back/home office support, marketing or sales experience in the financial services industry

• BA/BS in business administration, marketing, finance, or related field preferred

• Excellent interpersonal, verbal, and written communication skills, with demonstrated ability to prepare and present materials to senior leadership.

• Must be able to develop and deliver presentations to group/audience

• Excellent MS Office (Word, Excel, PowerPoint, Access) Skills

• Strong analytical and problem-solving skills – ability to understand impacts of simple to complex concepts

• Ability to effectively multi-task in a fast-paced environment and adhere to deadlines

• Proven experience in presenting ideas to key contributors throughout an organization

• Ability to visualize and/or contribute to the presentation of an idea or project (from concept and design to presentation)

• Impeccable organization and follow-up skills

• Annuity industry knowledge (understand service, sales, distribution, and regulatory matters)

• Ability to foster effective working relationships with peers within and across organizational lines

• Proven track record in completing assigned tasks and projects

• Annuity experience working with Broker Dealers, Insurance Agencies and/or IMO/BGA organization in a service, sales, marketing, or project management capacity is preferred

• Ability to quickly adapt and adjust to change

• Results rather than task orientation

• Ability to quickly assess strengths/weaknesses and address potential issues

Compensation

The anticipated salary range for this position is $80,000 to $87,000 at the commencement of employment.  Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors, which may include the candidate’s geographic location, skills, experience and other qualifications. In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan. Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.

Work Location

This position is based in Corebridge Financial’s Houston, TX or Woodland Hills, CA office and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely.

#LI-SAFG #LI-Hybrid

Why Corebridge?

At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location.  In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer

Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com.  Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.

We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit: www.corebridgefinancial.com

Functional Area:

OP - Operations

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

American General Life Insurance Company