Consultant, Retirement Benefits
Date: Jul 15, 2025
Primary Location: Radnor, PA, US
Company: Lincoln Financial
Alternate Locations: Radnor, PA (Pennsylvania); Charlotte, NC (North Carolina); Dover, NH (New Hampshire); Hartford, CT (Connecticut); Omaha, NE (Nebraska); Work from Home
Work Arrangement:
Hybrid Preferred : Preferred employee will work 3 days a week in a Lincoln office
Relocation assistance: is not available for this opportunity.
Requisition #: 74854
The Role at a Glance
We are seeking a strategic and detailed-oriented professional to join our Total Rewards team to lead critical components of our executive benefits and international benefit programs. This role will manage the daily administration of non-qualified deferred compensation plans for senior leaders, along with company owned life insurance policies (COLIs). It also leads our financial wellness education strategy and supports global benefit offerings, including UK pension and Bermuda-based Total Rewards. The ideal candidate will blend technical expertise with strong communication skills to partner effectively with executives, HR, Finance and external vendors.
What you'll be doing
Deferred Compensation
• Oversee the day-to-day administration and reconciliation of multiple (employee, director, and agent) non-qualified deferred compensation plans, including enrollments, deferrals, distributions, taxation and participant communications – in partnership with external administration vendor.
• Ensure compliance with applicable regulations such as IRC 409A and coordinate with legal, tax advisors and third-party administrator as needed.
• Serve as a member of the fiduciary investment committee that monitors the investment funds used to track deferred compensation liabilities, providing insights and recommendations.
• Working with the finance team, coordinate with the hedging programs for the deferred compensation liability; monitor cash flow to ensure hedging adequacy.
• Support the annual proxy filing with data and details on the deferred compensation for top executives.
• Collaborate with senior leadership to develop and refine strategy and plan design for agents; aligning with business objectives.
Company Owned Life Insurance
• Manage administration of company-owned life insurance (COLI) policies, both hedging COLI and investment COLI.
• Prepare annual imputed income for split dollar policies.
• Coordinate with insurance carriers and internal finance teams for policy maintenance, premium payments and reporting.
• Coordinate with internal and external partners on policy administration and tracking.
Financial Wellness
• Develop and implement strategic communication plans to improve employee financial literacy and overall financial well-being.
• Collaborate with communication team and vendors to deliver engaging, data-informed programs and campaigns.
• Facilitate educational sessions and workshops.
Global Benefits
• Support the administration and governance of the frozen UK pension plan
• Lead the design, implementation and administration of Bermuda-specific employee benefit programs in alignment with business and compliance needs.
• Serve as the key liaison with benefits vendors and brokers in Bermuda, overseeing renewals, claims and service delivery.
• Ensure benefits programs meet statutory requirements while remaining competitive and cost effective.
• Conduct periodic benchmarking of Bermuda Total Rewards offerings and recommend strategic adjustments to support retention and attraction.
Other
• Partner with external vendors and internal stakeholders to maintain a high standard of service and governance for all programs.
• Support audits, compliance reviews, regulatory filings and other duties as needed.
What we’re looking for
• Bachelor’s degree in Human Resources, Finance, Business, or a related field.
• 5+ years of experience in deferred compensation plan administration or executive benefits.
• Thorough understanding of 409A regulations and familiarity with COLI, ERISA, and relevant global benefit regulations.
• Experience working with or participating in investment or fiduciary committees is preferred.
• Strong analytical, project management, and communication skills.
• Ability to collaborate across departments and with international teams.
• Understanding of insurance company structure, including statutory employee relationships for agents, a plus.
Application Deadline
Applications will be accepted through 08/23/2025, and posting may be taken down earlier dueto applicant volume.
What’s it like to work here?
At Lincoln Financial, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future.
What’s in it for you:
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Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributes
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Leadership development and virtual training opportunities
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PTO/parental leave
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Free financial counseling, health coaching and employee assistance program
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Tuition assistance program
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Work arrangements that work for you
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Effective productivity/technology tools and training
The pay range for this position is $69,000 - $124,600 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln’s total rewards package for employees. In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual. Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package.
About The Company
Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future. We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services.
With our 120-year track record of expertise and integrity, millions of customers trust our solutions and service to help put their goals in reach.
Lincoln Financial Distributors, a broker-dealer, is the wholesale distribution organization of Lincoln Financial. Lincoln Financial is the marketing name for Lincoln Financial Corporation and its affiliates including The Lincoln National Life Insurance Company, Fort Wayne, IN, and Lincoln Life & Annuity Company of New York, Syracuse, NY. Lincoln Financial affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice.
Lincoln is committed to creating an inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Follow us on Facebook, X, LinkedIn, Instagram, and YouTube. For the latest company news, visit our newsroom.
Be Aware of Fraudulent Recruiting Activities
If you are interested in a career at Lincoln, we encourage you to review our current openings and apply on our website. Lincoln values the privacy and security of every applicant and urges all applicants to diligently protect their sensitive personal information from scams targeting job seekers. These scams can take many forms including fake employment applications, bogus interviews and falsified offer letters.
Lincoln will not ask applicants to provide their social security numbers, date of birth, bank account information or other sensitive information in job applications. Additionally, our recruiters do not communicate with applicants through free e-mail accounts (Gmail, Yahoo, Hotmail) or conduct interviews utilizing video chat rooms. We will never ask applicants to provide payment during the hiring process or extend an offer without conducting a phone, live video or in-person interview. Please contact Lincoln's fraud team at fraudhotline@lfg.com if you encounter a recruiter or see a job opportunity that seems suspicious.
Additional Information
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 or candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial are considered property of Lincoln Financial and are not subject to payment of agency fees.
Lincoln Financial ("Lincoln" or "the Company") 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, age, national origin or disability. Opportunities throughout Lincoln are available to employees and 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.
This Employer Participates in E-Verify. See the E-Verify notices.
Este Empleador Participa en E-Verify. Ver el E-Verify avisos.
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