Product Manager Compensation Specialist
Los Angeles, Los Angeles County, California, 90079, USA
Listed on 2026-02-06
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Business
Business Management, Business Development, Business Analyst
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Who We AreAt 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.
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.
- 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…
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