Lincoln Financial
AVP & Actuary, Asset Liability Management
Lincoln Financial, Broomall, Pennsylvania, United States, 19008
AVP & Actuary, Asset Liability Management
This is an exciting opportunity to join the Office of the Chief Actuary's expansion of first-line Asset Liability Management (ALM). As AVP, ALM Actuary, you will help oversee the team's ALM responsibilities with the goal of responsibly optimizing asset yield with a balanced risk profile aligned to liability cash flows. You will facilitate discussions across all functional areas, including Modeling, Investments, Pricing, Product Development, Corporate Finance, Treasury, Valuation, and ERM. Collaborate and partner with key functional areas across all business units - Individual Annuity, Life Insurance, Retirement Plan Services, Group Protection Produce reporting and analytics to support the optimization of returns through use of strategic asset allocation Influence outcomes by aligning ALM with corporate goals Influence strategic direction for ALM, interest rate risk, liquidity risk Use ALM to help optimize internal and external reinsurance Develop ALM metrics and analysis that support each of the business lines Make recommendations based on forward-looking analysis and strategy Translate results into actionable business decisions Implement improvements and efficiencies to analytics, tools and governance Manage small team of actuaries and/or actuarial students Encourage professionalism, collaboration, and transparency Balance multiple priorities with different players and competing priorities Experience with ALM principles and practices at an insurance company, particularly duration, cash flow matching, convexity, key rate duration, particularly with annuities (RILA, fixed, variable) Familiarity and experience with Bermuda regulatory environment Experience with RILA, fixed and variable annuities Familiarity with life insurance products; direct experience a plus Familiar with reinsurance concepts Minimum 8+ years of actuarial experience FSA required Understanding and knowledge of statutory and GAAP reporting, particularly for life and annuity insurance products Confident, comfortable communicator with strong written and verbal communication skills Project management skills and ability to meet firm deadlines Ability to adapt to shifting priorities Finds common ground and can gain collaboration among peers; can influence outcomes without directing or commanding Ability to work with others in a team environment Demonstrated ability to identify and recommend process improvements Define problems, collect data, establish facts and draw valid conclusions. Evaluate trends in data or information Demonstrates strong project management leadership skills including critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines Experience with actuarial modeling software (i.e. ALFA, AXIS) a plus Dataiku and Tableau desired but not required Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook) Applications for this position will be accepted through September, 1st 2025 subject to earlier closure due to applicant volume.
This is an exciting opportunity to join the Office of the Chief Actuary's expansion of first-line Asset Liability Management (ALM). As AVP, ALM Actuary, you will help oversee the team's ALM responsibilities with the goal of responsibly optimizing asset yield with a balanced risk profile aligned to liability cash flows. You will facilitate discussions across all functional areas, including Modeling, Investments, Pricing, Product Development, Corporate Finance, Treasury, Valuation, and ERM. Collaborate and partner with key functional areas across all business units - Individual Annuity, Life Insurance, Retirement Plan Services, Group Protection Produce reporting and analytics to support the optimization of returns through use of strategic asset allocation Influence outcomes by aligning ALM with corporate goals Influence strategic direction for ALM, interest rate risk, liquidity risk Use ALM to help optimize internal and external reinsurance Develop ALM metrics and analysis that support each of the business lines Make recommendations based on forward-looking analysis and strategy Translate results into actionable business decisions Implement improvements and efficiencies to analytics, tools and governance Manage small team of actuaries and/or actuarial students Encourage professionalism, collaboration, and transparency Balance multiple priorities with different players and competing priorities Experience with ALM principles and practices at an insurance company, particularly duration, cash flow matching, convexity, key rate duration, particularly with annuities (RILA, fixed, variable) Familiarity and experience with Bermuda regulatory environment Experience with RILA, fixed and variable annuities Familiarity with life insurance products; direct experience a plus Familiar with reinsurance concepts Minimum 8+ years of actuarial experience FSA required Understanding and knowledge of statutory and GAAP reporting, particularly for life and annuity insurance products Confident, comfortable communicator with strong written and verbal communication skills Project management skills and ability to meet firm deadlines Ability to adapt to shifting priorities Finds common ground and can gain collaboration among peers; can influence outcomes without directing or commanding Ability to work with others in a team environment Demonstrated ability to identify and recommend process improvements Define problems, collect data, establish facts and draw valid conclusions. Evaluate trends in data or information Demonstrates strong project management leadership skills including critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines Experience with actuarial modeling software (i.e. ALFA, AXIS) a plus Dataiku and Tableau desired but not required Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook) Applications for this position will be accepted through September, 1st 2025 subject to earlier closure due to applicant volume.