AVP, Capital Management

Date: Sep 20, 2022

Primary Location: Radnor, PA, US

Company: Lincoln Financial

 

Alternate Locations: Radnor, PA (Pennsylvania)

 

Work Arrangement: Hybrid/Home

 

Relocation assistance:: is not available for this opportunity.

 

Pay Range: $111,500 - $241,500 

 

Bonus Potential:  20% 

 

Requisition #: 70089

 

 

The Role at a Glance:

As the AVP of Capital Management, you will provide subject matter expertise and direction on complex projects/initiatives for your assigned area(s) of responsibility for Capital Planning & Reporting. In this role you will prepare, analyze and report on complex financial information and provide management with actionable insights and recommendations to help the company effectively manage its capital position under multiple frameworks, e.g. GAAP, Stat, and Rating Agency capital models, and allocate excess capital to the highest and best use.  Additionally, you will contribute to the development of the overall capital management strategy.

What you'll be doing:

  • Support the company’s efforts to effectively manage its capital position 
    • Work with multiple stakeholders to develop forecasts for capital generation and allocation under multiple views over a wide range of scenarios.
    • Compare actual results vs. expectations, highlighting key drivers of differences.
    • Support the company’s efforts to understand the potential impact of and respond to regulatory changes that may affect its capital position.
    • Research, analyze, recommend, lead and implement solutions to complex problems impacting the company’s capital position.
    • Support annual Financial Plan & quarterly earnings process.
    • Prepare exhibits and presentations on a variety of topics related to capital planning
    • Assist in evaluating the impact of departmental and/or enterprise initiatives on the company’s capital position
    • Conducting analyses to evaluate the effectiveness of capital management approaches and developing recommendations to strategically and continuously improve the enterprise's capital position
    • Anticipating and providing strategies/solutions to complex capital management challenges.
    • Identifying and monitoring capital & liquidity risks and developing mitigation plans as needed.
  • Drive innovation-related initiatives, including workflow automation and evaluating new reporting tools to improve functional effectiveness, capabilities, and efficiencies.
  • Directs and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives.
  • Evaluates financial information to develop and deliver complex, standard, and ad-hoc financial analysis on the company’s capital position
  • Identifies and directs the implementation of process improvements that significantly improve quality across the team, department and/or business unit 
  • Maintains knowledge on current and emerging developments/trends for, assesses the impact, and collaborates with senior management to incorporate new trends and developments in current and future solutions.
  • Provides management with a complex and comprehensive financial perspective, including potential mitigation solutions, for their assigned area(s) of responsibility.
  • Provides subject matter expertise and support to the Capital Planning team in the preparation and delivery of complex financial information for their assigned area(s) of responsibility
  • Provides subject matter expertise to team members and applicable internal/external stakeholders on complex assignments/projects for their assigned area(s) of responsibility.
  • Apply concepts such as probability, statistics, modeling, percentages, ratios, and proportions to practical solutions
  • Carries out duties in compliance with all state and federal regulations and guidelines. Complies with all company and site policies and procedures.
  • Makes a positive contribution as demonstrated by making suggestions for improvement and continuing to learn new skills, procedures, and processes.
  • Performs other duties as required.

 

#LI-HYBRID

What we're looking for:

Must-haves:

  • 10+ Years of experience in Finance, including 8+ years of capital management experience that directly relates to the specific responsibilities of this position.
  • Strong analytical, critical thinking, and problem-solving skills
  • High level of integrity and attention to detail 
  • Excellent interpersonal and communication skills
  • 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.
  • Demonstrates strong project management leadership skills including, critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines.
  • Demonstrated strong relationship management skills with internal clients (e.g. senior management, peers and colleagues); proven ability to develop creative and collaborative approaches.
  • Finds common ground and can gain collaboration among management, colleagues, and peers; can influence outcomes without directing or commanding.
  • Proactiveness to take on extra responsibilities in a fast-paced environment
  • Demonstrated strong relationship management skills with internal clients (e.g. senior management, peers and colleagues); proven ability to develop creative and collaborative approaches
  • Ability to work independently and as part of a team
  • Significant experience in Excel and Power Point
  • 4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's)

Nice-to-haves:

  • Life Insurance industry experience and/or understanding and knowledge of STAT and GAAP financials for life insurers is a plus 
  • CFA charter holder or progress towards CFA designation is preferred
  • Actuarial credentials (ASA or FSA) or progress towards ASA or FSA is a plus

What’s it like to work here?

At Lincoln Financial Group, 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:

  • A clearly defined career framework to help you successfully manage your career

  • 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

  • A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations

  • Effective productivity/technology tools and training

 

Work Arrangement

Hybrid/Home : Employees will work from home on average more days per week.

 

Lincoln will evaluate the following when setting the successful candidate's wage rate:
•    Prior work or industry experience.
•    Education level to the extent education is relevant to the position.
•    Unique skills

 

About The Company

Lincoln Financial Group, a Fortune 200 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 $324 billion in end-of-period account values as of June 30, 2021.

Ranked one of the Best Large Employers in America and Best Employers for Women by Forbes magazine as well as one of Newsweek’s Most Responsible Companies, 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.

 

Lincoln is committed to creating a diverse and 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. 

 

Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, we earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com

 

Be Aware of Fraudulent Recruiting Activities

If you are interested in a career at Lincoln, we encourage you to review our current openings and apply on our website. Lincoln values the privacy and security of every applicant and urges all applicants to diligently protect their sensitive personal information from scams targeting job seekers. These scams can take many forms including fake employment applications, bogus interviews and falsified offer letters.

Lincoln will not ask applicants to provide their social security numbers, date of birth, bank account information or other sensitive information in job applications. Additionally, our recruiters do not communicate with applicants through free e-mail accounts (Gmail, Yahoo, Hotmail) or conduct interviews utilizing video chat rooms. We will never ask applicants to provide payment during the hiring process or extend an offer without conducting a phone, live video or in-person interview.  Please contact Lincoln's fraud team at fraudhotline@lfg.com if you encounter a recruiter or see a job opportunity that seems suspicious.

 

Additional Information

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, Veteran 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.

 

This Employer Participates in E-Verify. See the E-Verify notices.

Este Empleador Participa en E-Verify. Ver el E-Verify avisos. 


Job Segment: Marketing Manager, Compliance, Manager, Accounting, CFA, Marketing, Legal, Management, Finance