Lead Risk Management Analyst - Market Risk
About The Position
The Lead Risk Management Analyst will join the Market Risk Governance team within Enterprise Financial Risk, part of Lincoln Financial’s Enterprise Risk Management organization in the Chief Risk and Actuarial Office. The team provides independent second-line oversight of market risk, including product-driven exposures from Variable Annuities, Registered Index-Linked Annuities, Fixed Indexed Annuities, Guaranteed Variable Universal Life, and Indexed Universal Life, as well as market risk arising from General Account investment strategy. Risk mitigation may involve hedging, reinsurance, or other risk-transfer approaches. The team evaluates whether mitigation is working as intended, challenges strategy and methodology, escalates concerns when results diverge from expectations, and leads enterprise scenario governance. The role partners with first-line hedging, actuarial, investments, and other risk teams. It requires quantitative expertise, hands-on familiarity with derivatives and financial instruments, and the ability to translate complex analyses into clear perspectives for senior stakeholders. The position is hybrid, with employees working three days a week in a Lincoln office. Alternate locations are Radnor, Pennsylvania; Charlotte and Greensboro, North Carolina; Fort Wayne, Indiana; Hartford, Connecticut; and Omaha, Nebraska. Relocation assistance is not available.
Requirements
- Bachelor’s degree in Finance, Mathematics, Actuarial Science, or a related field.
- 5–7+ years of experience in market risk management, financial analysis, or a related field.
- Solid understanding of capital markets, derivatives, and annuity and life insurance products.
- Excellent quantitative and analytical skills, including the ability to translate complex data into actionable insights.
- Strong written and verbal communication skills, including the ability to present complex risk information to senior stakeholders.
- High attention to detail and ability to identify and assess risks accurately and promptly.
- Strong programming skills, such as Python, VBA, or SQL.
- Working knowledge of visualization software such as Tableau or Power BI.
- Proficiency with Microsoft Office Suite, including Word, Excel, PowerPoint, and Outlook.
- Ability to read, analyze, and interpret internal and external documents, including publications, technical procedures, regulations, policies, proposals, and standard operating procedures.
- Ability to collaborate in cross-functional teams and manage multiple priorities.
Nice To Haves
- Master’s degree or relevant professional certification, such as CFA, FRM, FSA, or CQF.
- Experience in the financial services or investment banking industry.
- Experience working in a second-line market risk oversight role.
- Familiarity with statutory capital frameworks such as RBC or VM-21.
Responsibilities
- Build independent market risk reporting, including liability attribution, performance attribution of hedge programs and other risk mitigation, hedge trading activity, and risk profile.
- Review proposed changes to risk mitigation strategy, methodology, and parameters, including hedging, reinsurance, and other approaches.
- Help prepare risk opinions that provide leadership with an independent view before decisions are made.
- Analyze equity, interest rate, and volatility exposures, and provide management with insights on residual and emerging risks, performance metrics, and deviations from established risk limits.
- Help maintain market risk policy, limits, and governance documents.
- Prepare analysis and materials for market risk committees to support decision-making.
- Collaborate with other Enterprise Risk Management teams on issues involving market risk, liquidity, counterparty capacity, capital, and asset-liability management.
- Provide thought leadership on whether risk mitigation approaches remain appropriate as products, markets, and capital rules change.
Benefits
- Paid time off and parental leave.
- Competitive 401(k) and employee benefits.
- Free financial counseling, health coaching, and employee assistance program.
- Tuition assistance program.
- Work arrangements designed to accommodate employees.
- Effective productivity and technology tools and training.
- Potential eligibility for the discretionary Annual Incentive Program.
- Other rewards may include long-term incentives, sales incentives, and the company’s standard benefits package.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
