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PLACEMENT
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Selected Placement Statistics
- Over 60% of post-program placements were in a division the candidate rotated through
- Nearly 40% of placements were in the division of the candidate’s last rotation
- Over half of program graduates have been promoted since initial placement (candidates placed more than a year after graduating from the LDP)
- Nearly half of candidates placed over one year have remained in the department of their initial placement
- Nearly 20% of candidates have moved to divisions in sites other than the primary LDP sites (Cedar Rapids and Louisville)
- 90% of placements have been in the Corporate, Financial Partners, Annuity Products and Services, and Investment divisions
- Examples of leadership roles for placed candidates
- Lead risk manager for joint venture in Japan
- Manager of $6.5 billion asset class portfolio
- Risk manager for $25+ billion fixed annuity block
- Site operations manager for large division
- IT operations manager for life distribution business unit
- Functional Breakdown:
- Operations – 31%
- Investment Finance – 24%
- Financial - 21%
- Technology – 14%
- Marketing/Product Management – 10%
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Placement is the process by which the LDP candidate secures a position after successful completion of the program. Primary ownership of placement rests with each candidate. Candidates, however, have a wide variety of resources that enable them to have tremendous influence on the post-program placement. Examples of resources assisting program participants are:
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- Rotational managers
- Senior divisional leaders
- LDP director
- Candidate mentors
- Human resources professionals
- Program steering committee members
- Other candidates
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DOUG
Rotations:
1. Business Unit Finance
2. Investments Finance
3. Business Unit Product Management/Distribution
Placement: Business Unit Product Management (final rotation)
Current Role: Investments Finance – Asset Class Manager
Click to read a testimonial from Doug.
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MONICA
Rotations:
1. Investments Operations
2. Business Unit Reengineering - Life Insurance
3. Financial Institutions
4. Distribution Operations
Placement: Corporate Internal Consulting
Current Role: Business Unit Operations and Relations Managment
Click to read a testimonial from Monica.
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RAMESH
Rotations:
1. Business Unit Product Analysis
2. Business Unit Management
3. Investments Research
4. Investments Asset Class Analysis
Placement & Current Role: Asset Class Analysis
Click to read a testimonial from Ramesh.
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