Lincoln Financial Groupposted 3 days ago
$69,000 - $124,600/Yr
Full-time • Mid Level
Hybrid • Hartford, CT
Insurance Carriers and Related Activities

About the position

The Consultant, Annuity Product Technical Support role will primarily be responsible for more complex development of benchmark test tools for our annuity illustration and administration systems. This position will provide more complex, forward-thinking analysis furnishing advice to various stakeholders, providing support for numerous functions of the Annuities group and delivering on routine assignments/projects while applying knowledge of his/her assigned area. The incumbent will act as a primary resource for annuity illustration & technical questions or issues. In addition, the incumbent will support other ad hoc annuity analytical initiatives.

Responsibilities

  • Develop and implement more complex Excel-based testing models for Variable, Fixed, Indexed, Immediate and Deferred Income Annuities to ensure the accuracy of our illustration system(s).
  • Analyze and prepare spreadsheets for the Illustration and technical system(s) with each release to verify product accuracy.
  • Lead in debugging the Illustration and technical system and determine the sources of differences from the benchmark tool.
  • Add new products and update existing products as needed in the NY Reg 60 spreadsheet.
  • Respond to queries from distribution regarding product illustrations and projections.
  • Clarify product design and calculations using benchmark test tools.
  • Maintain knowledge on current and emerging developments/trends for assigned area(s) of responsibility.
  • Promote and enhance organizational initiatives by positively influencing and supporting change management.
  • Perform and deliver on routine assignments/projects while leveraging knowledge of assigned area(s) of responsibility.
  • Serve as a resource for ad hoc annuity product pricing and risk analysis assignments as needed.

Requirements

  • 4 Year/Bachelor's Degree, preferably in mathematics, computer science or similar technical field.
  • 3-5+ Years of Experience in modeling or programming that directly aligns with the specific responsibilities for this position.
  • Advanced Spreadsheet and programming experience with VBA or other similar languages.
  • Demonstrated analytical and problem-solving skills, detail-oriented, independent, motivated, innovative.
  • Strong written and verbal communication skills.
  • Ability to read, analyze and interpret both internal and external documents.
  • Apply mathematical concepts such as probability, statistics, modeling, percentages, ratios, and proportions to practical solutions.
  • Ability to solve problems and deal with a variety of concrete variables in situations where only limited standardization exists.
  • Define problems, collect data, establish facts and draw valid conclusions.
  • Evaluate trends in data or information.
  • Deep understanding of annuity products and markets strongly preferred.
  • Ability to work with others in a collaborative team environment.
  • Demonstrated solid relationship management skills with internal clients.
  • Demonstrates excellent organizational skills with the ability to prioritize workload and multi-task while maintaining strict attention to detail.
  • Demonstrates solid project management skills, including critical ability to coordinate and balance multiple projects under pressure.

Benefits

  • Clearly defined career tracks and job levels.
  • 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.
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