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TIAA

Sells retirement annuities to nonprofit workers

Product Manager, Alternatives

Product ManagementConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • A bachelor's degree is required.
  • At least 5 years of defined contribution or alternative investments product development experience is required.

Responsibilities

  • Develop, structure, position, and implement alternative investment strategies intended to serve the Defined Contribution client base.
  • Launch dedicated alternative products for the Defined Contribution channel, including proprietary products and third-party partnerships.
  • Assess and maintain the competitiveness of established and emerging product offerings from investment and business performance perspectives.
  • Lead end-to-end development and launch of alternative investment products designed specifically for the Defined Contribution channel, including proprietary strategies and partnership-based solutions.
  • Create strategic product plans that evaluate and refine alternative investment vehicles, including Collective Investment Trusts and other relevant structures, based on financial, regulatory, operational, and market considerations; include implementation, marketing, and sales components in plans.
  • Serve as the primary subject matter expert on alternative products for the Defined Contribution channel, engaging directly with plan sponsors, consultants, and clients for due diligence, client servicing, and new business purposes.
  • Partner with the Retirement Product team and distribution to align product strategy, positioning, competitive differentiation, and go-to-market execution.
  • Drive launch and implementation of new alternative Defined Contribution products by coordinating cross-functional teams and managing project timelines, including internal governance and approval processes.
  • Develop and maintain knowledge of Defined Contribution-specific investment vehicle structures, with particular expertise in Collective Investment Trusts, and understand the associated regulatory, operational, and plan sponsor requirements.
  • Evaluate competitive positioning of alternative Defined Contribution products relative to the broader market; identify product gaps and opportunities and recommend organic development or external partnerships.
  • Lead product positioning efforts by developing investment rationale and client-facing materials that communicate the role of alternatives within a Defined Contribution portfolio.
  • Ensure products comply with applicable regulatory requirements and align with risk management and governance standards.

Desired Qualifications

  • At least 7 years of defined contribution or alternative investments product development experience.
  • Alternative investments product experience.
  • Asset management experience.
  • Ability to build relationships and influence stakeholders across a matrixed organization.

About the Company

TIAA

Sells retirement annuities to nonprofit workers

TIAA runs workplace retirement plans and sells annuities to people who work for colleges, hospitals, research institutions, cultural groups and government agencies. Its flagship TIAA Traditional annuity guarantees a minimum return and has paid additional interest above that floor every year since 1948, turning savings into income for life. Employers sponsor the plans and workers contribute from each paycheck, while TIAA earns investment spread and fees on the money it manages, partly through Nuveen, its asset management arm. Andrew Carnegie founded TIAA in 1918 to fund pensions for college professors, and the organization is headquartered in New York City.

Company size
10,001+
Company stage
Not listed
Total funding
$2B
Headquarters
New York City, New York
Founded
1918

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