Job Information
Ameriprise Financial Retirement Product Manager in Minneapolis, Minnesota
As a Retirement Product Manager, you will be responsible for the administration of daily product management activities for Employer Sponsored Retirement Plans (401(k) and 403(b) plans). Additionally, you will partner with internal, cross-organizational, and third-party teams to design, lead and perform the product management controls resulting in execution of the program.
Key Responsibilities
Contribute to the delivery of new products and services through funded enhancements that increase ease of use, competitiveness in the marketplace, and/or improve profitability.
Interact with field leaders, advisors and internal partners on problem resolution and inquiries. As well as lead complex and non-routine issue resolution with internal/external partners (TPAs, Record Keepers and Plan Sponsors)
Perform as the business lead on small to medium size projects.
Work with ERISA plans to provide plan-level reporting for Form 5500
Vendor Management – Third Party Administrators/Investment Managers/Record Keepers
Ensure that retirement plans remain compliant with ERISA, Department of Labor, and IRS regulations.
Perform regular reviews of reporting created for 401(k) and 403(b) plans to look for improved advisor grow opportunities.
Lead product management processes and procedures for both 401(k) and 403(b) plans.
Help to ensure that all training and marketing materials accurately reflect our products and services.
Identify and recommend changes to policies and procedures and ensure compliance with policies as written.
Required Qualifications
Bachelor's degree or equivalent experience
5+ years financial services experience
Active Series 7 or the ability to obtain within 120 days
Preferred Qualifications
Retirement plan and/or product management experience
Experience in working with financial advisors and their staff.
Ability to influence and collaborate with or lead across the organization and at all levels to drive results.
Ability to think strategically, while being able to implement tactical plans.
Working knowledge of Ameriprise systems and tools
Excellent strategic and analytical skills to solve complex problems and identify new product solutions
Knowledge and experience working with Ameriprise product suite
Strong understanding of compliance and regulatory environment
Proven organizational skills, including managing multiple tasks simultaneously
Strong written and verbal communication skills
Attention to detail, accuracy, and high level of personal accountability
About Our Company
We’re a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Marketing/Product Management
Line of Business
FPPS Wealth Management Solutions