AVP, Product Development - Registered Indexed Linked Annuities (RILA)

Lincoln Financial; Hartford (CT); Hybrid; USD 127,500 - 232,300; Full time

Job summary

Lincoln Financial invites an AVP, Product Development – Registered Indexed Linked Annuities (RILA) to lead the product strategy for RILA offerings in a hybrid work environment. The role focuses on shaping portfolio opportunities, market insights, and collaboration across Pricing, Distribution, Marketing, Legal, and State Filings.

Ideal candidates bring 10+ years in insurance product leadership, deep RILA knowledge, strong presentation and communication skills, and a track record of driving

Qualifications

• 4 Year Bachelor's degree or 4+ years of equivalent work experience.
• 10+ Years experience in a similar role in the insurance industry (Required)
• Strong presentation skills with demonstrated ability to influence at all levels of management through clear, informed and logical discussions/presentations
• Demonstrates ability to communicate knowledgeably and credibly with senior management and internal constituents
• Excellent written and verbal communication skills
• Ability to solve problems and deal with a variety of concrete variables in situations where only limited standardization exists
• Ability to think critically, analyze information and to evaluate the implications of a course of action or solution
• Demonstrated ability to identify, develop and implement process improvements
• Demonstrated strong relationship management skills with internal clients (e.g. senior management, peers and colleagues); proven ability to develop creative and collaborative approaches
• Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)

Responsibilities

• Lead the discovery, design, development, and delivery of RILA solutions that support growth and long-term strategy.
• Identify emerging market opportunities and consumer needs to expand into new markets.
• Influence product priorities and future growth opportunities.
• Assess annuity and adjacent markets to evaluate viability and competitiveness of concepts.
• Collaborate with Pricing, Distribution, Marketing, Legal, State Filings, Operations, and Implementation to bring concepts to market.
• Build relationships with external partners to gather market insights and inform product innovation.
• Evaluate product performance and portfolio optimization strategies.
• Contribute to risk management and governance processes for product design and pricing.

Skills

Presentation skills

Communication

Problem solving

Critical thinking

Relationship management

Analytical thinking

Education

Bachelor's degree

Tools

Microsoft Office Suite

Job description

Alternate Locations: Hartford, CT (Connecticut); Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Radnor, PA (Pennsylvania)

Work Arrangement

Hybrid : Employee will work 3 days a week in a Lincoln office

Relocation assistance

is not available for this opportunity.

Requisition #

76329

The Role at a Glance

We are excited to bring on an AVP, Product Development – Registered Indexed Linked Annuities (RILA) to support the Annuity business in a hybrid work environment. Preferred key cities include Hartford, CT, Greensboro, NC, Fort Wayne, IN or Radnor, PA.

Background Details

As the AVP, Product Development for RILA products, you will play a leadership role focused on shaping and executing the future of Lincoln's RILA product portfolio. This position is responsible for driving product opportunities and growth by identifying market opportunities, and developing differentiated solutions, for a rapidly evolving segment of the annuity marketplace.

Working across the organization and with external partners, you will leverage industry expertise, market insights, and strong relationships to influence product direction and enhance Lincoln's competitive position. Success in this role requires a deep understanding of RILA products, the broader annuity landscape, and emerging trends that impact customers, advisors, and the industry.

The ideal candidate brings a proven track record of developing and advancing RILA or similar insurance and investment products, along with the strategic vision to anticipate market needs and translate them into meaningful product solutions. This role is well-suited for a product leader who thrives at the intersection of market strategy, product innovation, and business growth. If this role is for you, please read on!

Please note: This is a product leadership role focused on product strategy and development, not a project management position.

What You'll Be Doing

• You will lead the discovery, design, development, and delivery of RILA solutions that support business growth, market differentiation, and long-term product strategy.
• You will identify emerging market opportunities, consumer needs, and industry trends to develop strategies that expand into new markets and diversify the product portfolio.
• You will assist business leaders by influencing product priorities and future growth opportunities.
• You will work alongside business partners to assess the annuity and adjacent markets to identify product concepts and evaluate their viability, competitiveness, and alignment with business objectives.
• You will collaborate with Pricing, Distribution, Marketing, Legal, State Filings, Operations, and Implementation teams to develop and bring product solutions from concept to market.
• You will build and leverage relationships with external partners, industry organizations, and third-party providers to gather market insights, identify opportunities, and inform product innovation efforts.
• You will play a key role in evaluating product performance, in-force management strategies, and market competitiveness to support portfolio optimization and business growth.
• You will contribute to risk management and product governance processes by assessing potential impacts to product design, pricing strategies, business mix, and overall portfolio performance.
• You will help define and execute short- and long-term product strategies by maintaining a deep understanding of market dynamics, competitor offerings, regulatory developments, and emerging industry trends.

What We’re Looking For

• 4 Year Bachelor's degree or 4+ years of experience of equivalent work experience
• 10+ Years experience in a similar role in the insurance industry (Required)
• Strong presentation skills with demonstrated ability to influence at all levels of management through clear, informed and logical discussions/presentations
• Demonstrates ability to communicate knowledgeably and credibly with senior management and internal constituents
• Excellent written and verbal communication skills
• Ability to solve problems and deal with a variety of concrete variables in situations where only limited standardization exists
• Ability to think critically, analyze information and to evaluate the implications of a course of action or solution
• Demonstrated ability to identify, develop and implement process improvements
• Demonstrated strong relationship management skills with internal clients (e.g. senior management, peers and colleagues); proven ability to develop creative and collaborative approaches
• Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)

Application Deadline

Applications for this position will be accepted through August 31, 2026, subject to earlier closure due to applicant volume.

What’s it like to work here?

At Lincoln Financial, 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 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

The pay range for this position is $127,500 - $232,300 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln’s total rewards package for employees. In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual. Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package.

About The Company

Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future. We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services.

With our 120-year track record of expertise and integrity, millions of customers trust our solutions and service to help put their goals in reach.

Lincoln Financial Distributors, a broker-dealer, is the wholesale distribution organization of Lincoln Financial. Lincoln Financial is the marketing name for Lincoln Financial Corporation and its affiliates including The Lincoln National Life Insurance Company, Fort Wayne, IN, and Lincoln Life & Annuity Company of New York, Syracuse, NY. Lincoln Financial affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice.

Lincoln is committed to creating an 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.

Additional Information

This position may be subject to Lincoln's Political Contribution Policy. An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincoln’s current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.

Any unsolicited resumes or candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial are considered property of Lincoln Financial and are not subject to payment of agency fees.

Lincoln Financial ("Lincoln" or "the Company") is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex, age, national origin or disability. Opportunities throughout Lincoln are available to employees and applicants are evaluated on the basis of job qualifications. If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/TDD assistance, contact us by calling [phone].

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