[Hiring] VP, Group Benefit Product Management @Lincoln Financial

Role Description

As the VP, Life, Disability, Absence 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.

• 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 present 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.
• Partner with Portfolio Enablement, IT and other business operational areas to promote high quality development & implementation of technology solutions.

Qualifications

• 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.

Requirements

• Supplemental Health product development and/or management experience.

Benefits

• Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributes.
• 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.
• Work arrangements that work for you.
• Effective productivity/technology tools and training.