Specialist, Stable Value Contracts
Lincoln National
- Location
- Fort Wayne, IN, US
- Work model
- On-Site
- Level
- Entry
Skills
About this role
Alternate Locations: Work from Home; Charlotte, NC (North Carolina); Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Omaha, NE (Nebraska); Radnor, PA (Pennsylvania) 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 #: 76304 The Role at a Glance The Specialist, Stable Value Contracts will apply knowledge and subject matter expertise to the effective administration of stable value contracts, as well as deliver on regular assignments and projects. Contract administration includes, but is not limited to, drafting contracts, researching and responding to issues with existing contracts, and ensuring compliance with regulatory guidelines. What you'll be doing Contract Review & Analysis Serves as key accountable party for independent review and analysis of new stable value contracts and contract amendments, ensuring specified terms and delivered services are accurately captured. Researches and responds to inquiries on new and existing contracts, making determinations and advising stakeholders on next steps. Collaborates with Product Management to assess how new product offerings involving stable value funds will affect current and future contract documentation. Database Management & Compliance Ensures the Stable Value database is fully leveraged to support end-to-end contract lifecycle management in compliance with applicable state filing restrictions. Partners with internal stakeholders to ensure accurate and compliant transfer of key information into the stable value database, including crediting rates and state regulatory requirements. Adheres to all applicable statutes, regulations, and company protocols; stays current with the state filing team and applicable filing restrictions. Issue Resolution & Stakeholder Collaboration Resolves issues by reviewing data and engaging appropriate internal/external stakeholders to identify root causes within the process. Provides information, education, and training on processes, procedures, products, and services within assigned area(s) of responsibility. Operational Execution Performs and delivers on routine assignments and projects, applying subject matter knowledge within assigned area(s) of responsibility. Provides input on the potential impact of proposed processes on current operational approach and compatibility with applicable systems. Continuous Improvement & Strategic Contribution Identifies and communicates process improvements to management that reduce workload or improve quality within assigned area(s) of responsibility. Maintains awareness of current and emerging trends within assigned area(s) of responsibility, assesses their impact, and collaborates with management to incorporate relevant developments into current and future solutions. Supports organizational initiatives by positively influencing and advancing change management efforts at the departmental and/or enterprise level. Participates in and contributes to projects related to Stable Value or Workplace Solutions, as needed. What we’re looking for 1 - 3 Years of experience in retirement plan operations and/or retirement plan/contract experience Strong analytical, problem solving, and data interpretation skills, including the ability to evaluate trends and apply mathematical concepts. Excellent judgment, discretion, and organizational skills with the ability to prioritize, multitask, and manage projects in a fast paced environment. Effective communicator and collaborator with strong interpersonal and relationship management skills; able to influence and build consensus. Proficiency with Excel and the rest of the Microsoft Office suite (Word, Outlook, PowerPoint), esp. handling and analyzing large datasets, use of pivot tables, and