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Lincoln Financial · 3 hours ago

AVP & Actuary, Risk Management - Reinsurance Risk

Radnor, PA

Full-time

Hybrid

Senior Level, Lead/Staff

$126K/yr - $229K/yr

8+ years exp

Lincoln Financial is a company focused on helping people plan for their financial futures. They are seeking an AVP & Actuary for Risk Management to oversee and develop frameworks for managing financial risks, particularly in reinsurance. The role involves collaboration with various teams to assess and mitigate risks while ensuring compliance with regulatory standards.

AdviceFinanceFinancial ServicesInsurance

Responsibilities

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

Qualification

Reinsurance risk managementQuantitative analysisFinancial instruments knowledgeProgramming skillsRisk management practicesVisualization softwareMicrosoft Office SuiteInterpret documentsCommunication skillsAttention to detailCollaborative skills

Required

Bachelor's degree in Finance, Mathematics, Actuarial Science, or a related field

8+ years of experience in reinsurance, financial analysis, or a related field, preferably within the financial services industry

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, PowerBI, etc

Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)

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 collaboratively in cross-functional teams and manage multiple priorities