AVP & Actuary, Risk Management - Reinsurance Risk

Alternate Locations: Work from Home;
Charlotte, NC (North Carolina);
Fort Wayne, IN (Indiana);
Greensboro, NC (North Carolina);
Hartford, CT (Connecticut);
Omaha, NE (Nebraska);
Radnor, PA (Pennsylvania)

Work Arrangement:

Hybrid:
Employee will work 3 days a week in a Lincoln office

Relocation assistance: is not available for this opportunity.

Requisition #:74911

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 with an opportunity to support other risk oversight functions that intersect 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.

• Support the development of reinsurance risk frameworks through partnerships across the organization and thought leadership and expertise in risk management practices.
• Build out independent reinsurance risk reporting that captures risk profiles, monitors performance, various triggers, etc.
• Evaluate and monitor risks associated with strategic initiatives and existing infrastructure, including captives, affiliate transactions, and financial reinsurance 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 implement reinsurance considerations into the risk appetite framework, including setting risk limits, thresholds, and reporting procedures
• Work with front-office teams to understand strategic initiatives, financial risks, and residual risk trading strategies, ensuring that risks are appropriately managed
• Provide effective challenge to strategic and tactical decisions
• Maintaining 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.
• 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.

• 8+ years of experience in reinsurance, financial analysis, or a related field, preferably within the financial services industry. Experience working in a second line oversight role is a plus.
• Solid understanding of reinsurance structures including but not limited to financial reinsurance, 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, Power
  
  BI, 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 treaties, general media/publications, professional journals, technical procedures, governmental regulations, policies, proposals, and standard operating procedures.
• Ability to work…