AVP, Strategic Asset Allocation

Alternate Locations: Radnor, PA (Pennsylvania)

 

 Work Arrangement:

Hybrid Preferred : Preferred employee will work 3 days a week in a Lincoln office

 

Relocation assistance:  is not available for this opportunity.

 

Requisition #: 75104

 

The Role at a Glance

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.

What you'll be doing

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.

Application Deadline

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 fu