Senior AVP, Product Development - Fixed/FIA Annuities - Jobright.ai : Job Details

Senior AVP, Product Development - Fixed/FIA Annuities

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Senior AVP, Product Development - Fixed/FIA Annuities

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Job Summary:

Lincoln Financial is a company that helps people confidently plan for their financial futures, focusing on products such as annuities and life insurance. The AVP, Product Development for Fixed and Fixed Indexed Annuities is responsible for driving product discovery, design, and development while collaborating with various internal and external teams.

Responsibilities:

• Leverage relationships with third parties and internally to drive product discovery and design in respect to new strategies for the product line or new markets

• Take the lead in working closely with various teams including pricing, distribution, marketing, legal/state filing, IT and implementation to design & deliver solutions to market

• Be responsible for inforce management from a product perspective (non-actuarial)

• Assist in developing the short- and long-term product strategy and as such requires situational awareness of the market

• Provides specialized expertise to develop, create, implement and execute the business strategy for expansion into new markets while diversifying the business line product portfolio.

• Partners with Management and influences the strategic direction of a competitive product and solution set for new markets and develops the solutions to bring to market.

• Partners with Pricing and Business Line Leaders to analyze product solutions.

• Serves as a contributor to the risk management process across their area of responsibility, analyzing potential impacts to LFG's risk management programs, product pricing, business mix and assets under management.

• Contributes to strategy to expand the pipeline of future products through innovation initiatives, identifying viable solutions in support of the strategic plan to diversify the business line product portfolio.

• Responsible for all aspects of product development including discover, design, develop and deliver.

• Ability to assess the market and adjacent markets to discover solutions for the business and then take those ideas to determine viability for our product portfolio.

• After assessing and discovering solutions for the business, lead the design and develop aspects of the process. This would entail engaging stakeholders and partnering with teams to conduct research.

• Leverages and establishes relationships outside of the company to engage with discover work for the product portfolio.

Qualifications:

Required:

• 4 Year Bachelor's degree or 4+ years of experience of equivalent work experience

• 10+ Years experience in a similar role in the insurance industry focused on fixed/fixed indexed annuities.

• Strong presentation skills with demonstrated ability to influence at all levels of management through clear, informed and logical discussions/presentations.

• Demonstrates ability to communicate knowledgeably and credibly with senior management and internal constituents.

• Excellent written and verbal communication skills.

• Ability to solve problems and deal with a variety of concrete variables in situations where only limited standardization exists.

• Ability to think critically, analyze information and to evaluate the implications of a course of action or solution.

• Demonstrated ability to identify, develop and implement process improvements.

• Demonstrated strong relationship management skills with internal clients (e.g. senior management, peers and colleagues); proven ability to develop creative and collaborative approaches.

• Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).

Company:

Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future. Founded in 1905, the company is headquartered in Radnor, Pennsylvania, USA, with a team of 10001+ employees. The company is currently Public Company. Lincoln Financial has a track record of offering H1B sponsorships.

Seniority level

• Seniority levelMid-Senior level

Employment type

• Employment typeFull-time

Job function

• Job functionProduct Management
• IndustriesSoftware Development

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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