Analyst Product Management

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

The Product Management Analyst provides ongoing day-to-day product management support for the Empower Investments well-established and growing business line. Requires a deep interest in the financial markets and the state of the economy, as well as a strong quantitative, analytical mind. Working closely with the stable value product managers and investment teams, this role provides close product support for competitive analysis, data analytics, client and internal reporting, and other functions. The analyst will develop a detailed knowledge and expertise of stable value funds, the competitive landscape, and their specific features and provisions.

What you will do:

• Supports day-to-day product management of Empower Investments' Stable Value business lines including preparing regular reporting on the business, working closely with marketing to produce and update client materials, and responding to requests from Empower's client service teams.
• Supports the key components of the product development life cycle and on-going management including product design, implementation, and effectiveness analysis.
• Performs competitive analysis on the stable value marketplace and develops and maintains knowledge of key industry trends, competitor products, and contractual provisions.
• Periodically participates in meetings with Investment Teams to understand current portfolio positioning and market outlook.
• Identifies, understands, and quantifies risk contributors from various stable value product features and contracts.
• Identifies, analyzes, and makes recommendations for mitigation of financial, underwriting, investment, and competitive risks within our stable value products (including modeling, forecasting, trending and variance analysis).
• Support product and client specific performance calucations.
• Prepare audit responses to support FASB and ASU disclosure requirements.
• Process client statements and transactions including new contract set up and terminations.
• Reviews and analyzes retirement plan documents, legal contracts, and investment guidelines.
• Underwrite prospective clients for key risk indicators.
• Regularly communicates and presents analysis and recommendations to management and senior leadership.
• Respond to internal and external product-related requests as the subject matter expert.
• Ad-hoc strategic projects, as assigned.
• Works with product, actuarial, sales, client management, compliance, legal, systems, risk management, and marketing departments, as needed.
• Other duties as assigned.

What you will bring:

• Bachelor's degree in Accounting, Business, Economics, Finance, Math/Statistics, Actuarial Sciences, etc.
• 3 years experience in product management and in the financial services industry.
• Insurance license may be required based on level of client interaction
• Experience with Stable Value or Fixed Income
• Intermediate to advanced MS Office skills required; advanced Excel skills required

What will set you apart:

• Excellent communication and presentation skills, including demonstrated ability to present to all levels of organizational management.
• Advanced proficiency in MS Office tools and data mining tools.
• Excellent problem solving skills
• Excellent oral written communication and organizational skills
• Ability to manage department workload and proactively prioritize projects as necessary
• Works well with internal and external teams

***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***

What we offer you

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

• Medical, dental, vision and life insurance
• Retirement savings - 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire - including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time - 16 hours per calendar year
• Leave of absence programs - including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) - internal networks that rally around common interest, experiences and identities such as race, ethnicity, gender, ability, military status and sexual orientation. BRGs play a vital role in educating and engaging our people and advancing our business priorities.

Base Salary Range

The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Equal opportunity employer * Drug-free workplace

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

***For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***

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