Lincoln Financial Group Consultant Life Inforce Management Providence, Rhode Island Apply Now
Alternate Locations: Greensboro, NC (North Carolina); Work from Home
Work Arrangement: Hybrid/Flexible: Work at home and use the office as appropriate for in-person collaboration.
Relocation assistance: is not available for this opportunity.
Requisition #: 73864
The Role at a Glance
Strong interpersonal and relationship management skills the Consultant Life Inforce Management will serve as a technical resource to develop and standardize spreadsheet calculations & models and train end-users on use of models for life and long-term care products. This position will also lead projects related to complex issue resolution and advise IT to ensure calculations in administrative systems appropriately align to inforce policies.
What you'll be doing
- Leads initiative to standardize calculations and develop user-friendly models/spreadsheets which explain and illustrate policy performance of inforce products
- Rigorously tests and protects models for accuracy and reliability
- Trains end-users on internal teams on use of models
- Serves as a technical resource to review and resolve more complex issues; revises calculations/models as needed
- Leads projects related to more complex Business Work Requests (BWR) for administrative systems, especially for issues with broader scope such as those impacting multiple products/lines
- Liaises with internal stakeholders and management in various business areas to ensure proposed changes to administrative systems and/or processes will have no negative impact
- Reviews process to quality check policy information and calculations in various administrative systems; recommends improvements to process as needed
- Advises IT on proposed updates/changes to administrative systems to ensure systems accurately reflect calculations and how product performs per policy specifications; may build models as examples for complex calculations
- Reviews IRS code calculations prepared by internal/external stakeholders, especially more complex calculations for legacy products which require additional research
- Consults with Legal and tax attorneys to ensure calculations are compliant with tax and state insurance regulations
- Recommends and implements improvements in processes and procedures within the department and other business areas
- Provides support on ad hoc reports/assignments as needed
What we’re looking for
Must-Haves
- 3-5+ Years experience in insurance that directly aligns to the specific responsibilities for this role
- Bachelor's degree or equivalent work experience
- Strong Excel Skills including working experience with VBA
- Effective verbal and written communication skills
- Analytical skills
- Strong attention to detail
- Ability to adapt quickly in a changing work environment
Nice-to Have:
- Experience working with policy administration systems including Lifecomm or Vantage
Application Deadline
Applications for this position will be accepted through November 30, 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
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.
#J-18808-Ljbffr
