Vice President, Investment Strategy & Portfolio Management Life Insurance

Alternate Locations:
Charlotte, NC (North Carolina);
Greensboro, NC (North Carolina);
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 #: 76137

The Role at a Glance

The Vice President, Investment Strategy & Portfolio Management will lead strategic portfolio construction and investment decision‑making for our Life Insurance products within our General Account. This role sits at the intersection of asset allocation, portfolio construction, ALM, capital management, and execution, translating business and liability objectives into actionable, resilient investment strategies.

This position offers the opportunity to shape how long‑dated insurance liabilities are transformed into durable, risk‑adjusted returns. The VP will play a central role in aligning investment strategy with business outcomes-balancing rigor, creativity, and prudence in a complex insurance environment. The VP will serve as a senior thought partner, bringing structure, rigor, and forward‑looking insight to portfolio positioning across market cycles.

This is a highly visible role with responsibility for shaping how capital is deployed, risks are managed, and returns are generated within the constraints of insurance accounting, capital, and regulatory frameworks.

Ideal Candidate

* Establish clear portfolio strategy aligned to liability and capital objectives

* Build strong credibility with CIO, Actuarial, and Finance partners

* Identify and implement 1-2 high-impact portfolio optimization opportunities

* Enhance transparency and decision quality through improved analytics and reporting

What you'll be doing

Investment Strategy & Portfolio Construction

* Lead the development and ongoing refinement of portfolio strategy for the Life Insurance General Account, aligned with liability profiles, product economics, liquidity needs, and capital objectives.

* Translate ALM, pricing, and business inputs into strategic and tactical portfolio decisions, including asset class mix, structure selection, reinvestment strategy, and risk positioning. Own and drive strategic and tactical portfolio decisions in partnership with CIO and senior leadership. Partner closely with the life insurance, actuarial, finance, and risk management teams to ensure alignment across assumptions, models, and outcomes.

Portfolio Oversight & Capital Efficiency

* Oversee portfolio positioning across public and private fixed income, alternatives, and structured assets, ensuring consistency with investment guidelines and regulatory constraints.

* Evaluate capital efficiency, yield enhancement opportunities, and risk trade‑offs within U.S. Statutory, Bermuda, and rating‑agency capital regimes.

* Provide proactive guidance on portfolio implications of new product initiatives, reinsurance structures, and balance‑sheet actions.

Market & Risk Leadership

* Develop and articulate views on capital markets, credit cycles, and relative value, connecting macro conditions to portfolio actions.

* Identify emerging risks, concentrations, and second‑order impacts; ensure a "no‑surprises" posture through clear communication to senior leadership.

* Partner with risk management to support stress testing, scenario analysis, and portfolio resilience assessment.

Execution & Cross‑Team Leadership

* Coordinate and collaborate with business unit portfolio managers and asset class teams on implementation, rebalancing, and cash deployment priorities.

* Drive consistency in portfolio analytics, performance attribution, and reporting, ensuring insights are decision‑useful and senior‑management ready.

* Mentor and develop investment professionals, fostering strong analytical standards, accountability, and collaboration.

* Foster collaboration across asset teams and enterprise partners, reinforcing a "one portfolio" mindset

Governance & Communication

* Prepare concise, board‑ready materials for Investment Committee, Finance Committee, and senior management discussions.

* Represent Investment Strategy & Portfolio Management in cross‑functional forums spanning Finance, Actuarial, Risk, and Business…