Date: Oct 18, 2024
Primary Location: Greensboro, NC, US
Company: Lincoln Financial
Alternate Locations: Greensboro, NC (North Carolina)
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 #: 73752
The Role at a Glance
The Sr. Life Product Analyst will deliver on complex assignments and initiatives for their assigned area. They will serve as a technical resource to develop complex spreadsheet models and rate files for insurance products. They will provide subject matter expertise and train end-users on use of models. This position will also lead complex issue resolution and advise IT to ensure calculations in administrative systems appropriately align to insurance products.
What you'll be doing
- Advises IT on proposed updates/changes to administrative systems to ensure systems accurately reflect calculations and how product performs per policy specifications.
- Directs and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives within assigned area(s) of responsibility.
- Identifies and directs the implementation of process improvements that significantly improve quality across the team, department and/or business unit for their assigned area(s) of responsibility.
- Leads initiatives to update or build new complex calculations and develop user-friendly models/spreadsheets which explain and illustrate policy performance of insurance products.
- Leads projects related to product development for applicable administrative systems.
- Maintains knowledge on current and emerging developments/trends for assigned area(s) of responsibility, assesses the impact, and collaborates with senior management to incorporate new trends and developments in current and future solutions.
- Provides direction on complex assignments, projects, and/or initiatives to build and enhance the capability of their assigned area(s) of responsibility.
- Provides subject matter expertise to internal teams; trains end-users on use of models and develops step-by-step instructions.
- Provides subject matter expertise to team members and applicable internal/external stakeholders on complex assignments/projects for their assigned area(s) of responsibility.
- Provides support on ad hoc reports/assignments as needed.
- Quality checks policy information and calculations in these same administrative systems.
- Recommends and implements improvements in processes and procedures within the department and other business areas.
- Reviews IRS code calculations prepared by internal/external stakeholders and codes calculations into Excel spreadsheets.
- Rigorously tests and protects models for accuracy and reliability.
- Serves as a technical resource to review and resolve complex issues; revises calculations/models as needed.
What we’re looking for
Must-Haves
- 5-7+ Years experience in the insurance industry that directly aligns to the specific responsibilities for this role.
- Bachelor's degree or equivalent work experience.
- Analytical skills and close attention to detail is necessary.
- Effective verbal and written communication skills.
- Ability to adapt quickly in a changing work environment.
Application Deadline
Applications for this position will be accepted through November 29, 2024, subject to earlier closure due to applicant volume.
What’s it like to work here?
At Lincoln Financial Group, 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:
- Clearly defined career tracks and job levels, along with associated behaviors for each Lincoln leadership Attribute.
- Leadership development and virtual training opportunities.
- PTO/parental leave.
- Competitive 401K and employee benefits.
- Free financial counseling, health coaching and employee assistance program.
- Tuition assistance program.
- A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations.
- Effective productivity/technology tools and training.
The pay range for this position is $90,300 - $164,700 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 Group helps people to plan, protect and retire with confidence. As of Dec. 31, 2023, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection and retirement plan services. As of December 31, 2023, the company had $295 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. Learn more at LincolnFinancial.com.
Lincoln is committed to creating a diverse and 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.
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