Sr. Hedging Analyst, Market Risk Management- Derivatives

Date: Sep 20, 2021

Location: Philadelphia, PA, US

Company: Lincoln Financial

Alternate Locations: Philadelphia, PA (Pennsylvania); Boston, MA (Massachusetts); Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Hartford, CT (Connecticut); Omaha, NE (Nebraska); Radnor, PA (Pennsylvania)


Work Arrangement: Hybrid/Office


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


Level: P4 


Requisition #: 65979


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.


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 if you encounter a recruiter or see a job opportunity that seems suspicious.




The Role


The  Senior Hedging  Analyst, Market Risk Management - Derivatives will perform and deliver on assignments utilized to mitigate market risks for Lincoln Financial by identifying and reporting on key risks for variable annuities, indexed variable annuities, and other insurance products. This position focuses on attribution,  performance,  reporting and analysis within the variable and indexed annuity hedge program.



Technical Knowledge

  • Develops and enhances operational processes including daily risk exposure validation, hedging performance and month – end valuation on MRM's sophisticated hedging program
  • Analyzes daily/weekly P/L and creates tools for generating performance attribution for the hedging performance and risk reports to senior management 
  • Tests and executes hedging strategies
  • Manages and interprets database-driven results to facilitate hedging and reporting  
  • Creates and provides hedge performance reporting that feeds hedging strategy and enables risk mitigation improvement


Organizational Effectiveness

  • Provides direction on complex assignments, projects, and/or initiatives to build and enhance the capability of his/her assigned area(s) of responsibility.
  • Identifies and directs the implementation of process improvements that significantly improve quality across the team, department and/or business unit for his/her assigned area(s) of responsibility


Change Management

  • Directs and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise.
  • Identifies and directs the implementation of process improvements that significantly reduce workloads or improve quality across the department for his/her assigned area(s) of responsibility



  • Demonstrates strong relationship management skills with internal clients and or senior management and finds common ground and can gain collaboration among senior management, colleagues and peers; can influence outcomes without directing or commanding. #LI-AE1






  • Undergraduate degree or 4+ years of comparable work experience; educational concentration in Mathematics, Statistics, Hard Science/engineering or Actuarial Science is required
  • Masters level or Advanced degree preferred but not required


  • 5+  years of increasing experience in variable annuity market risk management or related field Knowledge of capital markets and insurance products including but not limited to annuities Expert level knowledge of VBA, SQL, Python
  • Knowledge of linear algebra 
  • Understanding of derivatives and capital markets 
  • Ability to read, analyze and interpret both internal and external documents such as general media/publications, professional journals, technical procedures, governmental regulations, policies, proposals, and standard operating procedures.
  • Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).


Work Arrangement:

Hybrid/Office : Employees will work in a Lincoln office generally three days each week and work from home the remainder of the days, following any applicable in-office training period determined by their manager.  



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.




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