at Lincoln Financial Group in Schaumburg, Illinois, United States
Job Description
Alternate Locations: Work from Home; Atlanta, GA (Georgia); Austin, TX (Texas); Bakersfield, CA (California); Baltimore, MD (Maryland); Baton Rouge, LA (Louisiana); Birmingham, AL (Alabama); Boise, ID (Idaho); Boston, MA (Massachusetts); Buffalo, NY (New York); Canonsburg, PA (Pennsylvania); Charlotte, NC (North Carolina); Chicago, IL (Illinois); Cincinnati, OH (Ohio); Clearwater, FL (Florida); Cleveland, OH (Ohio); Columbia, SC (South Carolina); Columbus, OH (Ohio); Concord, NH (New Hampshire); Dallas, TX (Texas); Deerfield Beach, FL (Florida); Denver, CO (Colorado); Detroit, MI (Michigan); Dover, NH (New Hampshire); Durham, NC (North Carolina); Edina, MN (Minnesota); Edison, NJ (New Jersey); El Paso, TX (Texas); Ellicott City, MD (Maryland); Fayetteville, SC (South Carolina); Florence, SC (South Carolina); Fort Lauderdale, FL (Florida); Fort Wayne, IN (Indiana); Fort Worth, TX (Texas); Gainsville, FL (Florida); Glen Allen, VA (Virginia); Glendale, CA (California); Greensboro, NC (North Carolina); Greenwood Village, CO (Colorado); Hartford, CT (Connecticut); Houston, TX (Texas); Huntsville, AL (Alabama); Indianapolis, IN (Indiana); Irvine, CA (California); Jacksonville, FL (Florida); Johnson City, TN (Tennessee); Kansas City, KS (Kansas); Kansas City, MO (Missouri); La Jolla, CA (California); Lexington, KY (Kentucky); Los Angeles, CA (California); Louisville, KY (Kentucky); Lutherville, MD (Maryland); Madison, WI (Wisconsin); Memphis, TN (Tennessee); Miami, FL (Florida); Milwaukee, WI (Wisconsin); Minneapolis, MN (Minnesota); Nashville, TN (Tennessee); New Braunfels, TX (Texas); New York, NY (New York); None; Norwood, OH (Ohio); Omaha, NE (Nebraska); Orlando, FL (Florida); Palm Desert, CA (California); Paramus, NJ (New Jersey); Parsippany, NJ (New Jersey); Philadelphia, PA (Pennsylvania); Phoenix, AZ (Arizona); Pittsburgh, PA (Pennsylvania); Plano, TX (Texas); Plymouth Meeting, PA (Pennsylvania); Portland, ME (Maine); Portland, OR (Oregon); Provo-Orem, UT (Utah); Radnor, PA (Pennsylvania); Raleigh, NC (North Carolina); Richmond, VA (Virginia); Rochester, NY (New York); Rockville, MD (Maryland); Rolling Meadows, IL (Illinois); Rye Brook, NY (New York); Sacramento, CA (California); Salt Lake City, UT (Utah); San Antonio, TX (Texas); San Antonio, TX (Texas); San Diego, CA (California); San Francisco, CA (California); San Ramon, CA (California); Schaumburg, IL (Illinois); Scottsdale, AZ (Arizona); Seattle, WA (Washington); Southfield, MI (Michigan); St. Louis, MO (Missouri); St. Petersburg, FL (Florida); Syosset, NY (New York); Tampa, FL (Florida); Toledo, OH (Ohio); Tucson, AZ (Arizona); Tupelo, MS (Mississippi); US All Regions; US Midwest; US Northeast; US Southeast; US Southwest; US West; Vienna, VA (Virginia); Virginia Beach, VA (Virginia); Walnut Creek, CA (California); Washington, DC (District of Columbia); Westlake Village, CA (California); White Plains, NY (New York); Windsor, CT (Connecticut); Woodmere, OH (Ohio)
Work Arrangement:
Remote : Work at home employee residing outside of a commutable distance to an office location.
Relocation assistance: is not available for this opportunity.
Requisition #: 72608
The Role at a Glance
As a Sr. Investment Product Developer/Designer, you will support organic the growth of individual Variable Annuity Products, both with and without Living Benefits. Primary responsibilities include the discover and design aspects of product development to identify actions that widen existing market opportunities or establish new market opportunities and determine how to enter. Expectations include assembling and driving cross-enterprise teams focused on creating a pipeline of product actions. You will be responsible for building and maintaining relationships both inside and outside of the company to enhance our product development process. You will work with investment managers (fund companies and other) and Investment banks to price options for Lincoln’s Product suite and engage these companies on pricing and other aspects needed to provide investment solutions. Other aspects of the product development process you may be engaged in includes the develop, deliver, investment, legal, distribution and finance. You will act as a primary liaison to the business, coordinating with key stakeholders and product heads regarding key initiatives that align with departmental needs and profitability. You will act as subject matter experts to meet both internal and external needs across the assigned product line(s).
\#LI-Remote
Remote consideration if not near a Lincoln key city location.
What you’ll be doing
- Maintaining knowledge on current and emerging developments/trends in the variable annuity market as well as tangent markets we may compete with or partner with (ETFs, Investment Companies, Structured Products, etc.), assessing the impact, and collaborating with senior management to incorporate new trends and developments in current and future solutions.
- Directing and enhancing organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives.
- Working with Investment companies and investment banks to discover, develop and implement new fund concepts for use in Variable Annuities
- Working with Investment companies and investment banks to discover, develop and implement new Index, ETF and other solutions for use in Structured Annuities
- Identifying and directing the implementation of process improvements that significantly improve quality across the team, department and/or business unit.
- Providing subject matter expertise to team members and applicable internal/external stakeholders on complex assignments/project.
- Providing direction on complex assignments, projects, and/or initiatives to build and enhance the capability of assigned area(s) of responsibility.
- Leading cross-enterprise teams and collaborating in partnership with all appropriate stakeholders to provide the targeted distribution and marketplace product/customer experience offerings and to position our product offerings with distinct competitive advantages.
- Ensuring areas of focus in the discover and design phase aligns with the strategy of our business.
- Uncovering new opportunities in partnership with others in the enterprise and outside of the enterprise (fund companies, investment banks, investment platforms, etc.).
- Carrying out duties in compliance with all state and federal regulations and guidelines. Complying with all company and site policies and procedures.
- Performing other duties as required.
What we’re looking for
Must-Haves:
- 8+ years of experience in the financial services industry including at least 5 years of annuity product development and management experience or Investment/fund/investment bank experience with tangent exposure to annuities that directly aligns with the specific responsibilities of this position. Consideration will be made to candidates who do not have annuity experience but have ancillary product development experience with a focus in idea/design generation.
- 4 Year/Bachelor’s degree or equivalent work experience
- Confident, comfortable communicator with strong written and verbal communication skills.
- Strong presentation skills with demonstrated ability to influence at all levels of management through clear, informed and logical discussions/presentations.
- Demonstrated experience in motivating others in a team-oriented, collaborative environment.
- Finds common ground and can gain collaboration among senior/executive management, colleagues, and peers; can influence outcomes without directing or commanding.
- Demonstrates strong project management leadership skills including, critical ability to coordinate and balance multiple projects in a time-sensitive environment,
