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Lincoln Financial Adds Virtual Internship Program: Personnel Moves

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Lincoln Financial Group says it will be running this year’s summer internship program entirely online.

The Radnor, Pennsylvania-based life insurer has recruited 88 students and 50 recent graduates from 77 colleges and universities for the internship program.

(Related: Prudential Names Stable Value and Structured Settlements Heads: Personnel Moves)

The participants will get remote work assignments, online mentorships, an executive webinar series, career development webinars, and training on working remotely.

Lincoln will help the interns connect socially by offering virtual co-working spaces and game nights.

Dennis Glass, Lincoln’s chief executive officer, said in a statement that Lincoln hopes the program will help create the talent pool the United States needs to rebuild the economy.

“Our response to COVID-19 has been guided by three strategic principles: protect our employees, serve our customers without disruption, and help America get through this crisis,” Glass said. “Shifting our early career programs to a virtual environment hits on all three objectives.”

In other personnel moves news:

FBL Financial Group Inc., West Des Moines, Iowa, has hired Jeffrey Whitehead to be its chief investment officer.

Whitehead previously was head of insurance asset management at Aegon USA. He has been leading the team that manages the Transamerica unit’s general account portfolios. The portfolios hold about $85 billion.

Earlier, Whitehead was director, sales, marketing and insurance portfolio strategy, at PIMCO’s specialty markets unit. He has also been an insurance portfolio strategist at an arm of CNO Financial Group Inc.

Whitehead has a bachelor’s degree from the University of Massachusetts, Amherst. He holds the Chartered Financial Analyst professional designation.

American Financial Group Inc., Cincinnati, says Joseph Consolino, the company’s chief financial officer, is leaving the company to take another job in the insurance industry. The nature of the new job was not immediately available at press time.

American Financial is the parent of Great American Insurance Group, an annuity issuer.

Consolino began working for American Financial Group in 2013.

SmartPath Inc., Atlanta, has hired Christy DeFrain to be vice president of sales and business development.

SmartPath helps employers offer financial wellness programs.

DeFrain previously was vice president for account management at Purchasing Power, a voluntary benefits firm. She also has worked for Mercer Health & Benefits and for Ameritas.

She has a bachelor’s degree from the University of Missouri-Kansas City.

Transparent Health Marketplace Inc. Philadelphia, has hired Michael Dean to be senior vice president of technology and product development, and Carl Smith to be senior vice president of finance.

Transparent Health Marketplace is trying to replace traditional health plan provider networks with a digital exchange that insurers can use to connect with health care providers.

Dean previously was chief technology officer at C3i Solutions, a firm that helps companies connect with their customers. He has a bachelor’s degree from Penn State University and a master’s degree in business from Temple University.

Smith previously was chief financial officer at Halfpenny Technologies Inc. He has a bachelor’s degree in accounting from Penn State. He holds the Certified Public Accountant professional designation.

— Read New York State Department of Financial Services Hires a Chief Counsel: Personnel Moveson ThinkAdvisor.

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