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AVP, Strategic Asset Allocation

AVP, Strategic Asset Allocation

Lincoln FinancialBroomall, PA, US
29 days ago
Job type
  • Full-time
Job description

AVP, Strategic Asset Allocation

As we expand our strategic capabilities to drive long term value, we are excited to bring on a highly analytical & motivated Assistant Vice President to our Strategic Asset Allocation (SAA) team. This role will focus on developing and enhancing methodologies and models that optimize asset-liability strategies, improve capital & risk-adjusted investment yield, and ultimately strengthen product profitability. This is an exciting opportunity to join a growing function that is shaping the future of yield generation and profitability across our insurance product portfolio. If you are passionate about applying advanced modeling techniques to solve real-world financial challenges, we invite you to be part of this journey.

Research, develop and improve the strategic asset allocation modeling :

  • Develop the framework for, and improve upon, the Investment team's Strategic Asset Allocation Model
  • Directly support key company strategic priorities, including internal, external, onshore, and offshore reinsurance arrangements
  • Ensure models are executed as designed, with clear attribution and interpretation of results
  • Investigate mathematical and portfolio optimization methodologies to improve accuracy and runtime.
  • Collaborate with other teams on assumption modeling and manage updates from both external and internal sources.
  • Stay apprised of new trends in industry techniques and applications of related quantitative modeling

Collaborate on research topics related to general account asset management :

  • Brainstorm with senior members to generate innovative ideas and solutions.
  • Build ad-hoc tools for research ideas and implement prototype models using Python, translating mathematical concepts into code within a limited timeframe.
  • Analyze results and provide conclusions and explanations.
  • Provide intuition on the impact to the overall portfolio of different asset classes and their placement in the different legal entity portfolios
  • Develop and execute other in-house models upon request :

  • Integrate macroeconomic and capital market assumptions into SAA models.
  • Support strategic insights that may inform future tactical asset allocation decisions.
  • Prototype and implement visualizations and communications :

  • Create visually interesting and intuitive displays of the most important results
  • Design reports, metrics, and communications that identify actionable investment insights
  • What we're looking for :

    Must have :

  • Ph.D. or Master's in a quantitative discipline (Financial Engineering, Mathematics, Physics, Engineering, or related fields)
  • Solid background in mathematics and statistics.
  • 10+ years of experience in a related field, at least 5 of which is directly building / maintaining SAA model
  • Experience with US and / or Bermudan life insurance capital regimes
  • Strong coding skills in Python and any other programming language.
  • Familiarity with databases, data visualization, and portfolio optimization techniques.
  • Strong communication skills.
  • Curiosity and passion for research.
  • Master's / Ph.D. degree, or equivalent.
  • Nice to have :

  • Previous experience in credit risk modeling.
  • Familiarity with capital market assumptions.
  • Prior experience with asset liability management, SAA optimization work for liability driven investment strategies, and / or asset modeling experience.
  • Applications for this position will be accepted through October, 31, 2025, subject to earlier closure due to applicant volume.

    What's it like to work here?

    At Lincoln Financial, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future.

    What's in it for you :

  • 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
  • The pay range for this position is $125,800 - $229,100 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln's total rewards package for employees. In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual. Other rewards may include long-term incentives, sales incentives and Lincoln's standard benefits package.

    Lincoln Financial (NYSE : LNC) helps people to confidently plan for their version of a successful future. We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services.

    With our 120-year track record of expertise and integrity, millions of customers trust our solutions and service to help put their goals in reach.

    Lincoln Financial Distributors, a broker-dealer, is the wholesale distribution organization of Lincoln Financial. Lincoln Financial is the marketing name for Lincoln Financial Corporation and its affiliates including The Lincoln National Life Insurance Company, Fort Wayne, IN, and Lincoln Life & Annuity Company of New York, Syracuse, NY. Lincoln Financial affiliates, their distributors, and their respective employees, representatives and / or insurance agents do not provide tax, accounting or legal advice.

    Lincoln is committed to creating an inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

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    Avp Strategic Asset Allocation • Broomall, PA, US