Phil Maffei

Managing Director, Product Development and Actuarial

Phil leads TIAA’s Guaranteed Income Solutions team. He and his team are responsible for designing, manufacturing, and managing spread-based and fee-based guaranteed annuity, funding agreement, and other lifetime income and stable value products across multiple product types, distribution channels, and end user clients. He has 27 years of experience with general account and separate account products that preserve principal and provide stable returns, both with and without lifetime income options. He joined TIAA in 2007 and has developed and/or managed a range of products, including TIAA’s off-platform guaranteed solutions for plan defaults, TIAA’s flagship TIAA Traditional Annuity, TIAA Stable Value, and Separate Account GIC product lines.

Previously he held a variety of managerial and individual contributor roles with Prudential Financial supporting guaranteed income and stable value products issued to defined contribution, defined benefit and college savings plans.

Phil holds a B.S. in finance from the Pamplin College of Business at Virginia Polytechnic Institute and State University (Virginia Tech) and an M.B.A in finance from the Rutgers Graduate School of Management. He is a member of the Stable Value Investment Association (SVIA), has published industry collateral in partnership with both the SVIA and industry peers, and has represented TIAA on industry working groups to help shape regulations and policy.