Product Development Specialist

Date: Jul 2, 2019

Location: Hartford, CT, US

Company: Lincoln Financial

Alternate Locations: Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Hartford, CT (Connecticut); Radnor, PA (Pennsylvania)

Relocation assistance is not available for this opportunity.

Requisition #58790

About the Company

Lincoln Financial Group, a Fortune 250 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas — Life Insurance, Annuities, Retirement Plan Services and Group Protection — focus on supporting, preserving and enhancing over 17 million customer’s lifestyles and retirement outcomes.

Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $238 billion in assets under management as of December 31, 2018.

Ranked one of the Best Large Employers in America by Forbes magazine, Lincoln Financial Group makes a serious investment in our employees’ futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals.

 

The Role

 

This position will consult/analyze and deliver on more complex assignments/projects in many aspects of the product development activities for Lincoln's fixed annuity business. S/he will also act as a resource to applicable internal/external stakeholders and requires someone who can interact comfortably across the organization and externally.

 

Responsibilities

  • Delivers on more complex assignments and projects in support of product development and implementation in the launch of new products/riders/services for the business line.
  • Develops an understanding of the market, customer needs, the competition and the strengths and gaps in the current product portfolio.
  • Evaluates trends in data or information. Recognizes opportunities or potential problems, before they become obvious, by seeking input from a range of sources, including insights beyond own area of responsibility.
  • Identifies and recommends process improvements that significantly reduce workloads or improve quality.
  • Identifies different or diverse markets to enhance market reach.
  • Presents options and tradeoffs under consideration in new product development and gathers input on new product development ideas.
  • Proactively anticipates, prepares for, and takes action on future business-related opportunities.
  • Provides technical input to and review of marketing materials, contract and prospectus language.
  • Provides technical product knowledge and driving decisions during system requirement sessions and operational meetings.
  • Responds efficiently to roadblocks, remaining dedicated to achieve team and departmental goals.
  • Supports business management issues for assigned area(s) as they arise & applies a seasoned business judgment weighing the impact on product profitability, distribution relationships, legal & regulatory issues & administrative capabilities in decisions.

 

Education & Experience

  • 3 - 5+ Years Experience with annuity product development and implementation (e.g., idea development, operational requirements meetings, marketing launches, etc.) (Required)
  • 1 - 3+ Years Experience with annuity product management (e.g., financials, valuation, investments, pricing, risk management, etc.) (Required)
  • 4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's) (Minimum Required)

 

Certifications

"There is no Certification or Licensure Listed"

Travel Information

  • Travel Type : Regional Domestic
  • Travel Amount : less than 25%

 

This position may be subject to Lincoln’s Political Contribution Policy.  An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincoln’s current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.

Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial Group are considered property of Lincoln Financial Group and are not subject to payment of agency fees.

Lincoln Financial Group (“LFG”) is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, veterans status, or genetic information.  Applicants are evaluated on the basis of job qualifications.  If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/TDD assistance, contact us by calling 260-455-2558.

#P3 


Nearest Major Market: Hartford

Job Segment: Law, Risk Management, Business Manager, Legal, Finance, Management, Marketing