VP, State Relations

07 Jul, 2018

Jobs

VP, State Relations

Lincoln Financial
Washington, D.C.

Requisition #45282

About the Company

Lincoln Financial Group, a Fortune 250 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas — Life Insurance, Annuities, Retirement Plan Services and Group Protection — focus on supporting, preserving and enhancing over 17 million customer’s lifestyles and retirement outcomes.

Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $253 billion in assets under management as of December 31, 2017.

Ranked one of the Best Large Employers in America by Forbes magazine, Lincoln Financial Group makes a serious investment in our employees’ futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals.

The Role

This position provides senior leadership, consultative advice, and strategy development on state legislative and regulatory matters under the direction of the Head of Public Policy. As a member of the Public Policy team, s/he works collaboratively to ensure a coordinated, unified approach to promote and accomplish Lincoln Financial’s public policy goals and to ensure that the company is among the leading voices in public policy debates affecting its interests and businesses. This includes monitoring, analyzing, and recommending policy; advocating on issues affecting the company and the financial services industry; assisting in obtaining regulatory approvals and guidance; and crafting, implementing; and monitoring state regulatory and legislative strategies to successfully advance the company’s short term and long term objectives.

Responsibilities

Relationship Management

  • Build and maintain productive working relationships with state legislators, regulators, other public officials, and thought leaders, particularly in Indiana and New York as states of domicile, to ensure that the company’s priorities and positions are fully understood and that products and corporate transactions are approved in a timely manner.
  • Build and maintain productive working relationships with trade association staff, industry colleagues, and other stakeholders to identify, anticipate, influence, and manage key issues.

Issue Identification and Prioritization

  • Establish effective internal relationships with senior management and business leaders to ensure a thorough understanding of the company’s businesses and operations and its strategic direction and objectives.
  • Assist those business and senior management leaders in understanding the current state legislative and regulatory environment and the challenges/opportunities facing the company and industry.
  • Provide strategic insight on emerging trends.
  • Identify key state issues impacting the company and work with business and senior leaders to prioritize and lead the development of the management of those issues.
  • Keep management and other key leaders informed of state legislative and regulatory developments and progress.

Advocacy

  • Work to shape legislative and regulatory policy and agendas in ways that will better serve customer needs and expand the market place for our products and services, including educating policy makers and other stakeholders of the role mission of the insurance industry and our company.
  • Develop strategies to help shape favorable state regulatory and legislative outcomes and defeat proposals that are costly and detrimental to the company and that do not advance the interests of our customers.
  • Pursue state legislative and regulatory opportunities to improve the business climate for the company and advancing the interests of our customers, shareholders, and other key stakeholders.
  • Lobby, testify, and produce advocacy materials in support of the company’s positions.
  • Hire, retain, and effectively manage consultants as needed from time to time in support of the company’s advocacy.

Industry Leadership

  • Take leadership roles in industry associations and help manage and influence association policy and activities in support of the company’s priorities.
  • Build and maintain productive working relationships with trade association staff, industry colleagues, and other stakeholders to identify, anticipate, influence, and manage key issues.
  • Build, participate in, and effectively manage company participation in industry coalitions in support of or opposition to specific legislative or regulatory matters.

Professional and Ethical

  • Be respected as a trusted, knowledgeable representative of the company and the industry.
  • Represent the company at all times in a professional  and ethical manner in accordance with all corporate policies and all applicable ethics, lobbying, gift, and campaign finance laws.
  • Ensure compliance with all state lobbying registration and political contribution disclosure and reporting requirements.

Team Participation

  • Assist in the development of processes and procedures to ensure a high level of responsiveness to business needs as a part of the Public Policy team and the Legal Department.
  • Promote new ideas, new approaches, and new solutions to advance the public policy function.
  • Coordinate activities with all Public Policy team members.
  • Embrace diversity of thought, action, and deed in all undertakings.

Requirements

Education

  • 4 Year/Bachelor’s Degree or equivalent work experience
  • Law degree from an ABA-accredited law school is preferred

Experience

  • 5+ years of experience in public policy, government relations or related field, as exhibited by extensive experience working with state legislative and regulatory bodies, trade associations, and insurance/financial services industry coalitions to advance key issues, including developing, implementing, and monitoring state legislative/regulatory strategies.
  • Demonstrated knowledge and an understanding of insurance regulation, the National Association of Insurance Commissioners, and industry trade associations preferred.
  • Demonstrated ability to operate within the legislative and regulatory process, rules, and protocols governing those processes.
  • Competencies/Attributes
    • Strong written, verbal, and interpersonal communications skills.
    • Highly motivated, dependable, and well organized.
    • Ability to work independently, but also to work collaboratively.
    • Ability to work under pressure with the capacity to maintain composure.
    • Pragmatic.
    • Strong client orientation with the skills to navigate organizational complexities.
    • Superior relationship building skill adaptable to multiple environments, both internal and external.
    • Ability to manage multiple priorities with a sense of urgency.
    • The ability to get others to see and understand issues from the perspective of the company. #LI-CG1

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.

Lincoln Financial Group (“LFG”) 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 (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, veterans status, or genetic information.  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 260-455-2558.

Learn more here

Job posted: 2018-07-07