What's Happening?
Transamerica has announced the appointment of Jason Frain as the head of retirement solutions. Frain will lead product strategy and development, focusing on innovative offerings to enhance retirement outcomes for plan sponsors and participants. Reporting to Jamie Ohl, president of Protection Solutions and Savings & Investments, Frain brings nearly three decades of experience in retirement and annuity product leadership. His previous roles include overseeing product development, pricing, and strategy at Brighthouse Financial. Frain is recognized for blending actuarial rigor with commercial instincts, aiming to build Transamerica into a leading middle-market life insurance and retirement company.
AD
Why It's Important?
Frain's appointment is significant for Transamerica's strategic direction in the retirement solutions market. His expertise in product development and actuarial science positions the company to enhance its offerings and improve retirement outcomes for clients. As the retirement landscape evolves, innovative solutions are crucial for addressing the needs of plan sponsors and participants. Frain's leadership could drive Transamerica's growth and competitiveness in the financial services industry, particularly in the middle-market segment.
What's Next?
Under Frain's leadership, Transamerica is expected to focus on developing high-impact retirement products that simplify saving and investing for clients. Collaborating with distribution and client teams, Frain aims to leverage his experience to create lasting retirement income solutions. The company's strategic initiatives may include expanding its product portfolio and enhancing customer experiences to meet the changing demands of the retirement market.
