Lincoln National: Selection and Interview process, Questions/Answers

Lincoln National Corporation (LNC) is a Fortune 200 American financial services company. Here’s a quick overview:

• Trusted Provider: With a history dating back to 1905, they offer a wide range of insurance and investment products to help individuals and businesses plan for the future.
• Diverse Solutions: Their products encompass life insurance, annuities, retirement plans, group benefits, and investment management services.
• Strength and Stability: Lincoln National is known for its financial strength and commitment to providing long-term value to its customers.

What are the selection and Interview process of Lincoln National?

The selection process at Lincoln National can vary depending on the specific role, location, and level of experience. Here’s a general breakdown of what you might encounter:

1. Application: Submit your resume and cover letter through Lincoln National’s career portal.

2. Screening and Review: Recruiters will carefully screen applications to assess your fit for the role based on the qualifications and experience outlined in the job description.

3. Interview Stages: If shortlisted, prepare for a series of interviews, potentially including:

• Phone Interview: An initial phone conversation with an HR representative or hiring manager to discuss your background, motivations, and interest in the financial services industry and Lincoln National specifically.
• Video Interview(s): Lincoln National may utilize video conferencing platforms for some interview stages.
• In-Person Interview(s): These may involve multiple rounds with hiring managers, team members from relevant departments (e.g., sales, underwriting, investment management), and potentially senior leadership depending on the role. Here, you might encounter:
  • Financial Services-Specific Questions: Be prepared for questions about your understanding of financial products (relevant to the role) like life insurance, annuities, or investment principles.
  • Sales-Oriented Questions (if applicable): For sales roles, expect questions about your customer service skills, sales techniques, and experience in the financial services industry.
  • Behavioral Interview Questions: Showcase your relevant skills and experiences through past situations using the STAR method (Situation, Task, Action, Result).

4. Additional Assessments: Some positions may involve online assessments to evaluate your financial knowledge (for finance-related roles), basic math skills, or cultural fit.

5. Offer and Background Check: Successful candidates will receive a job offer contingent on a background check.

Tips for Success:

• Research Lincoln National thoroughly, understanding their product offerings, commitment to customer service, and their focus on financial security solutions.
• Tailor your resume and cover letter to highlight relevant skills and experiences that demonstrate a strong fit for the specific role you’re applying to.
• Be prepared for questions about financial products or industry trends (depending on the role).
• Practice your behavioral interview skills using the STAR method.
• Show your passion for helping people achieve financial well-being, a strong work ethic, and an eagerness to learn within the financial services industry.

By understanding Lincoln National’s selection process and being well-prepared, you can increase your chances of landing a position and contributing to their mission of helping individuals and businesses navigate their financial futures.

How many rounds of interview conducted in Lincoln National?

The exact details about the interview process and salary for freshers at Lincoln National aren’t publicly available on their careers website [1]. However, based on information gathered from similar job postings and general trends, here’s what you can expect:

Number of Interview Rounds:

• Possible Range: One to three interview rounds after the initial application [2].

Here’s a possible breakdown of the interview stages:

• Initial Application: Submit your resume, cover letter, and you might encounter a web-based assessment about your skills or suitability for the role (often for scientific or technical roles).
• Phone Interview (possible): A recruiter might conduct a brief phone interview to discuss your experience and interest in Lincoln National [2].
• In-Person Interviews (one to two rounds): These could involve discussions with [2]:
  • Hiring Manager or Team Members: They will assess your qualifications, experience (if any), and fit for the specific role (e.g., laboratory skills for research positions, communication skills for all roles).
  • Scientists or Specialists (possible for some roles): For scientific or technical roles, you might meet with scientists or specialists to assess your technical knowledge and problem-solving abilities.

What is the salary for freshers in Lincoln National?

Publicly available information on exact salaries for freshers at Lincoln National isn’t advertised on their website [1]. Here are ways to get a better idea of the range for entry-level positions:

• Salary Websites: Explore salary websites like Glassdoor or Indeed. Search for “Lincoln National” and filter by “entry-level” or “freshers” positions in your target location to get a sense of the range for similar roles (e.g., research associate, quality control technician).
• Salary Negotiation: Be prepared to discuss salary during the offer stage, especially if you have relevant experience or a strong educational background in science, biotechnology, or a related field. Research salary ranges beforehand and highlight your skills and willingness to learn to justify your desired compensation.

Tips for Landing a Job at Lincoln National:

• Research Lincoln National: Learn about their areas of focus in financial services and insurance products, their commitment to customer satisfaction, and their community involvement. This demonstrates your genuine interest during the interview [1].
• Highlight Relevant Skills and Experience: Tailor your resume to showcase skills and experiences relevant to the specific role you’re applying for. This could include laboratory skills, research experience (if any), data analysis skills (for some roles), and a passion for the financial services industry.
• Prepare for Behavioral and Technical Questions (if applicable): Be prepared to answer questions using the STAR method (Situation, Task, Action, Result) to showcase your problem-solving skills and achievements. For scientific roles, be ready for questions related to your understanding of relevant scientific concepts or laboratory techniques.

By following these steps, you’ll gain a better understanding of the interview process and potential salary range for freshers at Lincoln National. Remember, your specific skills, experience, and performance during the interview rounds can also influence your starting salary.

Top questions Asked for freshers in Lincoln National

Lincoln National Corporation offers opportunities for recent graduates (freshers) in various departments, including:

• Finance: Financial analysts, actuaries (with specific qualifications)
• Business Operations: Project management, business analysts
• Information Technology (IT): Software developers, data analysts
• Human Resources (HR): HR generalist, benefits administration
• Sales & Marketing: Sales support, marketing associates

Here are some general questions you might encounter during an interview, along with some specific examples depending on the role:

General Skills and Insurance Industry (Basic Understanding is Okay):

• Tell me about yourself and your interest in Lincoln National. (Highlight relevant skills like communication, teamwork, problem-solving abilities, analytical thinking (if applicable to the role), and an interest in business, finance, technology, or a specific department (e.g., IT, HR) you’re interested in). Mention what interests you about Lincoln National’s financial strength, their focus on customer service, or a specific product line (if applicable)).
• Describe a situation where you demonstrated excellent problem-solving skills. (Focus on how you approached a complex problem and reached a solution).
• Explain a time you had to work effectively in a team on a project. (Showcase your teamwork abilities and communication skills).
• What are your strengths and weaknesses? (Be honest but highlight strengths relevant to Lincoln National or your desired role, like attention to detail, ability to learn quickly, and a strong work ethic).
• Why do you want to work at Lincoln National? (Express interest in learning about the insurance industry, a desire to gain experience in a stable and established company, or an interest in Lincoln National’s specific areas of focus like financial planning or retirement solutions (if applicable)).
• Do you have any questions for us? (Always have thoughtful questions about the role, company culture, or mentorship programs for freshers at Lincoln National).

Additional Questions (May Vary by Role):

• (For Finance Roles): Be prepared to discuss basic accounting principles (if applicable to your coursework).
• (For IT Roles): Describe your experience with relevant software or programming languages (if applicable to your coursework).
• (For HR Roles): Describe a situation where you demonstrated strong interpersonal skills (if applicable to your experience).
• (For Sales & Marketing Roles): How would you approach explaining a new insurance product to a customer (if applicable to your coursework).

Tips:

• Show your enthusiasm and willingness to learn, even if your insurance industry knowledge is basic. Lincoln National emphasizes integrity, teamwork, and a strong work ethic.
• Highlight your ability to work independently, follow instructions, and be a team player in a potentially fast-paced environment.
• Demonstrate a problem-solving mindset and an interest in learning about the insurance industry and Lincoln National’s contributions to financial security.

How to apply for job in Lincoln National?

Here’s a guide on applying for a job at Lincoln National:

1. Visit the Lincoln National Careers Website: Head over to Lincoln National Careers page .
2. Search for Jobs: Utilize keywords related to your field or browse job categories (consider “Entry Level” or “Associate” positions). Look for titles that align with your skills and interests (e.g., Financial Analyst, Project Management Associate, Software Developer, HR Generalist, Sales Support Associate).
3. Find the Perfect Fit: Carefully read job descriptions and identify roles that align with your qualifications and aspirations. Consider your strengths and what kind of work environment you prefer (office setting, data analysis (for some IT roles), customer interaction (for sales roles)).
4. Apply Online: Submit your application electronically for the chosen position. Tailor your resume and cover letter to the specific role, highlighting relevant coursework, any prior experience (if applicable), and your eagerness to learn and contribute to Lincoln National’s mission of helping people navigate life’s uncertainties.
5. Prepare for Interview: If shortlisted, research Lincoln National further, including their financial strength, their commitment to customer service, and their community involvement. Practice answering common interview questions and prepare thoughtful questions for the interviewer about the role, company culture, and development programs for freshers at Lincoln National. Demonstrate your professionalism, strong work ethic, and potential to excel in this important financial services industry.

By showcasing your relevant skills, interest in Lincoln National’s work, and willingness to learn, you can increase your chances of landing a job at Lincoln National.