Lincoln Financial-posted 4 months ago
$125,800 - $229,100/Yr
Full-time • Senior
Radnor, PA

We are seeking an AVP & Actuary, Risk Management to join the Financial Risk oversight team, which is a part of the broader Enterprise Risk Management (ERM) function in the Office of the CRO. This team is focused on setting the parameters of risk management as they relate to the various financial risks, such as reinsurance and liquidity. This is a relatively new, dedicated oversight role at Lincoln, as ERM continues to grow! This position will play a pivotal role in building out the Reinsurance oversight function and partnering to support the liquidity risk oversight function that intersects multiple teams across the enterprise, spanning Lincoln’s product suite. You will work closely with risk managers to monitor risk exposures, assess risk mitigation strategies, and ensure compliance with regulatory requirements. The ideal candidate will have strong quantitative skills, experience with reinsurance and financial instruments, and a deep understanding of risk management practices.

  • Build out independent reinsurance risk reporting that captures risk profiles, monitors performance, various triggers, etc.
  • Support the development of liquidity risk frameworks through partnerships across the organization and thought leadership and expertise in risk management practices.
  • Evaluate and monitor risks associated with strategic initiatives and existing infrastructure, including captives, affiliate transactions, and financial engineering solutions.
  • Partner with reinsurance, finance, and business unit teams to ensure the implementation and effectiveness of risk management systems, tools, and models.
  • Collaborate with first line partners to design and continuously improve the risk appetite framework, including setting risk limits, thresholds, and reporting procedures.
  • Work with front-office teams to understand strategic initiatives, financial risks, and trading strategies, ensuring that risks are appropriately managed.
  • Provide effective challenge to strategic and tactical decisions.
  • Maintain knowledge on current and emerging developments/trends in areas of specialization, assessing potential impacts and risks to Lincoln, and providing insights to management.
  • Provide thought leadership on improvements to technological and operational efficiencies.
  • Bachelor’s degree in Finance, Mathematics, Actuarial Science, or a related field.
  • 8+ years of experience in market risk management, financial analysis, or a related field, preferably within the financial services or investment banking industry.
  • 8+ years of actuarial experience.
  • Solid understanding of reinsurance structures including but not limited to captives and offshore entities.
  • Excellent quantitative and analytical skills with the ability to translate complex data into actionable insights.
  • Strong written and verbal communication skills, with the ability to present complex risk information to senior stakeholders.
  • High level of attention to detail, with the ability to identify and assess risks accurately and promptly.
  • Strong programming skills (Python, VBA, SQL, etc.).
  • Working knowledge of visualization software such as Tableau, PowerBI, etc.
  • Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
  • Knowledge of insurance capital structures is a plus.
  • Ability to read, analyze and interpret both internal and external documents such as general media/publications, professional journals, technical procedures, governmental regulations, policies, proposals, and standard operating procedures.
  • Ability to work collaboratively in cross-functional teams and manage multiple priorities.
  • Master’s degree or relevant professional certifications (e.g., CFA, FRM, FSA, CQF) is a plus.
  • Fellow of the Society of Actuaries (FSA), or Career ASA with additional years of experience.
  • Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributes.
  • Leadership development and virtual training opportunities.
  • PTO/parental leave.
  • Competitive 401K and employee benefits.
  • Free financial counseling, health coaching and employee assistance program.
  • Tuition assistance program.
  • Work arrangements that work for you.
  • Effective productivity/technology tools and training.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service