VP, Group Products & Regional/Nat'l Markets

Lincoln Financial•Radnor, PA

18d•$161,000 - $292,800•Remote

About The Position

As the VP, Life, Disability, Absence and Regional/National Product Leader, in our Workplace Solutions Group Protection (GP) Product team, you will provide strategic leadership to drive effective market intelligence analysis, product strategy and development, and life-cycle management of non-medical insurance products, including Disability, Absence, Life, and Worksite products. You will be responsible for developing strategy and leading constant improvement in product innovation, business development and coordinating with Distribution and other senior leaders on expansion into existing, new, tangent or underdeveloped markets. You will bring a disciplined, data-driven approach and a proven ability to connect financial insights to product innovation, market positioning, and operational execution—delivering both top-line growth and sustained profitability.

Requirements

12+ Years of Group Benefits experience including product development and/or product management experience
5+ years of managerial, strategy, and influencing senior management/critical stakeholders experience
Proven experience building and executing upon product roadmaps
4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's)
Deep knowledge of Product Development and Management best practices
Deep knowledge of Group Protection Absence, PFML, and Statutory products
Deep understanding for best practices of other services providers within competitive benefits offerings
Proven ability to analyze and interpret key financial metrics such as loss ratios, expense ratios, margin contribution, and lifetime value to inform product and portfolio decisions
Demonstrated ability to successfully hire, retain, develop and coach staff via a culture of real-time performance feedback, with ability to build both technical and leadership skills
Demonstrated strong relationship management skills with internal clients (e.g. senior/executive management, peers and colleagues); proven ability to develop creative and collaborative approaches

Nice To Haves

Supplemental Health product development and/or management experience

Responsibilities

Provide strategic leadership, direction, and execution for all new product development and ongoing product management for non-medical insurance products, including Absence, Disability, Life & other Worksite products
Oversee the entire product life cycle, from strategic planning and prioritization to product launch and implementation, and post-implementation monitoring
Define and drive department strategy and roadmap and ensure it fits within the overall Product Solutions and GP strategy
Drive portfolio-level decision-making by integrating financial performance with customer needs, broker dynamics, and operational considerations
Partner with pricing and business line leaders to translate financial performance into insights and actions that enable balanced growth and sustainable margin achievement
Provide highly specialized expertise to internal stakeholders through an advanced understanding of enterprise-wide risk exposures and characteristics of new product development
Prepare compelling business rationales and presents recommendations to business executives to contribute to development of key business initiatives including new products, business ventures and/or innovative development efforts
Drive cross-enterprise collaboration with internal/external stakeholders to provide targeted distribution and competitively position products/services in the market
Partners with Portfolio Enablement, IT and other business operational areas to promote high quality development & implementation of technology solutions