ILFS Product Development Director

At OneAmerica Financial, our purpose is to create more certainty for our customers that leads to better moments, every day. Our commitment is to advance stability and growth in every solution and relationship.  We deliver financial strength that builds for generations, and we are always aspiring, looking ahead, and collaborating to achieve more, together.  Come be a part of this journey with us as we champion lives!

We are seeking a creative, forward-thinking individual to lead the development of innovative product solutions in the life insurance and annuity markets. The Product Development Director is responsible for defining and shaping innovative product solutions for ILFS. This role drives the earliest and most critical stages of the product development lifecycle—opportunity definition, ideation, feasibility, and strategic alignment—to ensure OneAmerica Financial delivers differentiated product offerings that elevate the customer experience and support long term, scalable growth. The Director exercises significant independent judgment, influences executive level decisions, and acts as a catalyst for organizational innovation.

What you will do:

Primary duties include, but not limited to:

• Translate complex customer needs, technology trends, and market dynamics into actionable product and market opportunities.

• Drive new product concepts through the early product development phases—opportunity definition, full ideation, and feasibility/viability assessment.
• Partner closely with pricing, compliance, marketing, technology, and other cross functional teams to ensure enterprise alignment on scope, viability, and strategic timing.
• Produce comprehensive, compelling, and executive ready business cases that articulate opportunity value, strategic fit, customer impact, and financial viability.
• Build and maintain trusted, influential relationships with distribution partners and key internal stakeholders across the enterprise.

What you will need:

• Bachelor’s degree in business, finance, or related field required.
• 10 years of experience in insurance or financial service industry, with 5 in insurance product management/development, or strategic product roles.
• Advanced expertise in whole life, VUL, and annuities (fixed and indexed).
• Proven record of launching successful, innovative products or platforms.
• Exceptional verbal and written communication skills.
• High attention to detail and commitment to quality.
• Highly collaborative, with the credibility to engage senior executives.
• Ability to creatively navigate complex scenarios and achieve strategic objectives.
• Broad understanding of insurance distribution channels (Career, PPGA, IMO/BGA).
• Strong in all Microsoft Office applications.

Salary Band: 7B

#LI-SH1

This selected candidate will be expected to work hybrid in Indianapolis, IN. The candidate will also be expected to physically return to the office in CA, IN or ME as business needs dictate or for team building and collaboration.

We offer a comprehensive total rewards package designed to support you both at work and at home. Full‑time and part‑time associates working 30 or more hours per week are generally eligible for benefits, including but not limited to:

• Medical & prescription, dental, vision insurance
• Health Savings Account & Flexible Spending Accounts
• Paid Time Off
• 10 weeks 100% paid parental leave (after completing 12 months of employment)
• 401(k) Plan with company match
• Pension Plan
• Company paid life & disability insurance
• Wellness Program & Company paid employee assistance program
• Clinic access subject to location* (*Indianapolis, Charlotte, Cincinnati)

If you are offered and accept this position, please be advised that OneAmerica Financial does not have any offices located in the State of New York and OneAmerica Financial associates are not permitted to work remotely in the State of New York.

Selected employees must be able to perform the essential functions of the position satisfactorily and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship. 

Disclaimer:  American United Life Insurance Company (“OneAmerica Financial”) is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee based on race, color, religion, creed, national origin or ancestry, ethnicity, sex (including gender, pregnancy, sexual orientation, gender identity), age, physical or mental disability, veteran or military status, genetic information, citizenship, or any other legally recognized protected basis under federal, state, or local law.

For all positions:

Because this position is regulated by the Violent Crime Control and Law Enforcement Act, if an offer is made, applicants must undergo mandated background checks as a condition of employment. Such background checks include criminal history. A conviction is not necessarily an absolute bar to employment. Consistent with applicable regulatory guidelines and law, factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered.

To learn more about our products, services, and the companies of OneAmerica Financial, visit oneamerica.com/companies.