AVP, Model Implementation

Lincoln Financial - Fort Wayne, IN

Alternate Locations: Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Hartford, CT (Connecticut); Radnor, PA (Pennsylvania)

Relocation assistance will be considered/provided for this opportunity within our company guidelines.

Requisition #61542

About the Company

Lincoln Financial Group, a Fortune 250 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas — Life Insurance, Annuities, Retirement Plan Services and Group Protection — focus on supporting, preserving and enhancing over 17 million customer’s lifestyles and retirement outcomes.

Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $238 billion in assets under management as of December 31, 2018.

Ranked one of the Best Large Employers in America by Forbes magazine, Lincoln Financial Group makes a serious investment in our employees’ futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals.

The Role:
This position will lead and direct the modeling strategy and team responsible for the development and implementation of complex models as part of the Annuity/Retirement Plan Services Valuation & Modeling team. Responsibilities include modeling for Asset Liability Management, Asset Adequacy Testing, GAAP/Stat/Tax reporting, Economic Capital, and strategic planning. S/He will provide comprehensive actuarial analysis and strategic recommendations to senior leadership on innovative approaches for the development of modeling capabilities that are strategically important to the enterprise’s competitiveness.

Maintains knowledge on current and emerging developments/trends for assigned area(s) of responsibility, assesses the impact, and collaborates with senior management to incorporate new trends and developments in current and future strategies.
Directs and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives within assigned area(s) of responsibility.
Identifies and directs strategic process improvements that significantly reduce workloads or improve quality across the team, department and/or business unit for assigned area(s) of responsibility.
Provides subject matter expertise to team members and internal/external stakeholders on complex assignments/projects for his/her assigned area(s) of responsibility.
Provides training and development opportunities, including stretch assignments, for team members and gives honest and open feedback to aid in the development of talent.
Directs, establishes and implements priorities, performance goals and objectives to ensure departmental results for his/her assigned area(s) of responsibility.
Directs and evaluates departmental performance and takes appropriate action to meet and/or exceed performance standards for assigned area(s) of responsibility.
Provides strategic leadership and direction to continually improve the capability and results for his/her assigned area(s) of responsibility.
Directs/executes approved strategy decisions and contributes to strategy creation for assigned area(s) of responsibility.
Ensures that top talent is hired and retained for his/her assigned area(s) of responsibility.
Builds organizational capability within his/her assigned area(s) of responsibility.
Leads the development of sophisticated modeling solutions that are strategically important to key stakeholders.
Partners with teams within the Annuity/RPS Valuation & Modeling to develop effective and efficient production systems that support the needs of the customers of the shared service.
Serves as a subject matter expert and partners with other functional units within the company, such as pricing team and Market Risk Management (MRM) team, to assess financial impacts and design methodologies to mitigate risks at enterprise level.
Serves as a subject matter expert and collaborates with external partners to understand industry trends and provide specialized expertise and guidance to senior management on modeling tactics.
Carries out duties in compliance with all state and federal regulations and guidelines. Complies with all company and site policies and procedures.
Remains current in profession and industry trends.
Makes a positive contribution as demonstrated by: - Making suggestions for improvement - Learning new skills, procedures and processes
Performs other duties as required.

Undergraduate degree in Actuarial Science, Applied Mathematics, Statistics, Economics, Computer Science, or other quantitative major (Minimum Required)
Upon Hire Certifications/Licensures:FSA designation or ASA designation with additional years actuarial experience

12+ years of risk or financial/actuarial experience within the financial services and capital market industry that directly aligns with the specific responsibilities for this position
3+ years managerial, supervisory, and/or demonstrated leadership experience. (Required)
FSA designation
In-depth knowledge of Annuities, particularly Variable Annuities with living benefit guarantees, including product design, reserves, capital requirements, and hedging.
Strong presentation skills with demonstrated ability to influence at all levels of management through clear, informed and logical discussions/presentations.
Demonstrates ability to communicate knowledgeably and credibly with senior management and internal constituents.
Excellent written and verbal communication skills.
Apply concepts such as probability, statistics, modeling, percentages, ratios, and proportions to practical solutions.
Works with mathematical concepts such as averages and/or variances.
Ability to apply advanced mathematical skills from such applied concepts and stochastic analysis, statistics, probably and advanced probability modeling for practical solutions.
Ability to interpret and apply common sense understanding to carry out a variety of instructions furnished in written, oral, or diagram form.
Ability to solve problems and deal with a variety of concrete variables in situations where only limited standardization exists.
Ability to think critically, analyze information and to evaluate the implications of a course of action or solution.
Define problems, collect data, establish facts and draw valid conclusions.
Evaluate trends in data or information.
Proficiency with ALFA or similar projection software systems
Proficiency with Triton or similar valuation software systems
Familiarity with Access, SAS, or other data management packages
Familiarity with Tableau or similar data visualization tools
Familiarity with Dataiku or similar straight-through processing tools
Familiarity with Python, R, and /or SQL
This position may be subject to Lincoln’s Political Contribution Policy. An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincoln’s current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.

Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial Group are considered property of Lincoln Financial Group and are not subject to payment of agency fees.

Lincoln Financial Group (“LFG”) is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, veterans status, or genetic information. Applicants are evaluated on the basis of job qualifications. If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/TDD assistance, contact us by calling 260-455-2558.


Nearest Major Market: Fort Wayne
Job Segment: Implementation Manager, Accounting, Developer, Risk Management, Computer Science, Technology, Finance