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Description: This position provides leadership, direction and functional expertise on complex projects/initiatives for his/her assigned area(s) of responsibility. S/he will provide legal guidance to the Lincoln Financial Group business segments that are responsible for providing Lincoln’s retirement plan products and services. His/her focus will primarily be product/solution development and administration and the regulatory and statutory requirements applicable to these offerings in qualified retirement plans, 403(b), 457 and other deferred compensation plans.  Products and solutions will often be insurance products, securities, or participant level experience focused solutions aim at improving their retirement outcomes.

What you’ll be doing

• Provides legal advice & support on: the development & maintenance of LFG’s retirement plan products & services; marketing, sales & distribution to new & existing clients; & the legal & compliance aspects of servicing clients & their retirement plans.
• Identifies and directs strategic process improvements that significantly improve quality across the team, department and/or business unit for assigned area(s) of responsibility.
• Drafts and negotiates:
• Service agreements with plan sponsors;
• Settlement agreements with plan sponsors or participants.
• Other contracts with service and distribution partners
• Negotiates, drafts and/or approves
• Dispute resolution
• Regulatory disputes
• Commercial claim disputes.
• Advocates RPS’s positions with third parties such as federal, state, and local regulatory bodies and agencies.
• Oversees the production of legal research including the use of electronic, hard copy, and Internet resources, as necessary.
• Directs/executes approved strategy decisions and contributes to strategy creation for assigned area(s) of responsibility.
• Analyzes and communicates changes/developments in the laws applicable to retirement plans (legislative, regulatory, case law).
• Identifies and communicates legal exposure and risk in a timely and proactive manner to internal key senior stakeholders.
• Reviews documents and communications prepared for distribution to and/or use by plan sponsor and participant clients.
• Reviews, advises, drafts, and negotiates contracts and ancillary documents within assigned area(s) of responsibility.
• Advocates RPS’s positions with third parties such as federal, state, and local regulatory bodies and agencies.
• Selects outside counsel and directs them on various legal projects, as appropriate
• Maintains knowledge on current and emerging developments/trends for assigned area(s) of responsibility, assesses the impact, and collaborates with senior management to incorporate new trends and developments in current and future strategies.
• Provides subject matter expertise to team members and applicable internal/external stakeholders on complex assignments/projects for his/her assigned area(s) of responsibility.
• Directs/executes approved strategy decisions and contributes to strategy creation for assigned area(s) of responsibility.
• Provides strategic direction to build and enhance the capability for his/her assigned area(s) of responsibility.
• Maintains current knowledge of legal developments and trends, assesses the impact, and ensures that new trends/developments are appropriately incorporated in current/future strategies.