AVP, Strategic Asset Allocation

Date: Sep 12, 2025

Primary Location: Radnor, PA, US

Company: Lincoln Financial

Alternate Locations: Greensboro, NC (North Carolina); Radnor, PA (Pennsylvania)

 

Work Arrangement:

Hybrid : Employee will work 3 days a week in a Lincoln office

 

Relocation assistance:  is not available for this opportunity.

 

Requisition #: 75164

 

The Role at a Glance

As the AVP of Strategic Asset Allocation, you will own and provide strategic direction for Asset Allocation in the either our Greensboro, NC or Radnor, PA offices.  

 

Background Details

As the AVP of Strategic Asset Allocation (SAA), you will lead the design and management of the Strategic Asset Allocation (SAA), ensuring alignment with the enterprise’s risk appetite across capital, liquidity, and regulatory frameworks. You will closely collaborate with the market risk management team, which owns the underlying model, as well as ongoing communication with the portfolio managers and product actuaries. The SAA will support both the enterprise-level objectives and individual product strategies.

What you'll be doing

  • You will complete advanced modeling and strategy work on SAA capabilities, building out other legal entities, line of business, and product capabilities.
  • You will serve as a liaison to asset specialists, liability teams (new business/valuation modeling teams), risk, and market risk management modeling experts. In addition, you will lead team members and applicable internal/external stakeholders on complex assignments/projects.
  • You will research and analyze complex investment and portfolio information from a variety of internal and external sources to improve portfolio management decisions.
  • You will maintain knowledge on current and emerging developments/trends, stay abreast of global capital market trends, regulatory changes, assess the impact, and collaborate with senior management to incorporate new trends and developments in current and future strategies.
  • You will direct and enhance organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives. In addition, you will identify and direct the implementation of process improvements that significantly improve quality across the team, department and/or business unit.
  • You will lead the design and management of SAA across capital, liquidity, and sustainability dimensions. In addition, you will co-develop models and tools to optimize portfolio allocations under various economic scenarios.
  • You will align asset allocation strategies with enterprise risk appetite, regulatory frameworks (e.g., Bermuda, US RBC), and long-term business goals.
  • You will collaborate with portfolio managers to translate strategic views into actionable investment decisions.
  • You will ensure alignment between macroeconomic outlook, asset class expectations, and adjust allocations in response to evolving market conditions and internal constraints.
  • You will collaborate with ALM, actuarial, treasury, and risk teams to ensure asset-liability matching and capital efficiency.
  • You will present strategic recommendations to senior leadership, investment committees, and boards.
  • You will apply expert judgment to interpret model outputs and guide strategic decisions.

What we’re looking for

Must-haves:

  • Advanced degree in finance, economics, actuarial science, or related field.
  • 10+ years of experience in investment strategy, asset allocation, and/or insurance portfolio management.
  • 3yr + experience with running a strategic asset allocation process for Life & Annuity companies.
  • Solid understanding of fixed income investments & Asset Liability Management (ALM).
  • Deep understanding of insurance balance sheets, liability structures, and regulatory capital frameworks.
  • Strong quantitative skills and familiarity with optimization models and scenario analysis tools.
  • Proven ability to communicate complex investment strategies to senior stakeholders.
  • Experience managing diverse, high-performing teams.
  • Ability to effectively communicate via writing/verbal while being able to also present and demonstrate ability to influence at all levels of management through clear, informed, and logical discussions/presentations.
  • Demonstrated strong relationship management skills with internal clients (e.g. senior management, peers and colleagues); proven ability to develop creative and collaborative approaches.

 

Nice-to-haves: 

  • Chartered Financial Analyst designation, Associate of Society of Actuaries or Fellow of Society of Actuaries or Chartered Enterprise Risk Analyst or progress towards any of these
  • Bermuda regulatory experience.
  • Python, MATLAB, Power Bi, and Power Point expertise.
  • Demonstrated experience thinking outside of the box to provide creative and effective solutions.
  • Proven ability to be adaptable, agile and flexible abilities to provide creative solutions.

 

Travel Requirements

  • Up to 10%

Application Deadline

Applications for this position will be accepted through Friday, October 3, 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.

 

About The Company

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. 

 

Follow us on Facebook, X, LinkedInInstagram, and YouTube. For the latest company news, visit our newsroom

 

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

 

Lincoln Financial ("Lincoln" or "the Company") 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, age, national origin or disability. Opportunities throughout Lincoln are available to employees and 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.

 

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