Hybrid SVP, Head of Fixed Income

at Lincoln Financial

• Job title: SVP, Head of Fixed Income
• Job type: Full Time
• Experience level: Lead
• Salary: $210,938 - $351,563 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Radnor, United States

About the role

• Head of Fixed Income overseeing investment strategies at Lincoln Financial. Leading a high-performing team and partnering across functions to optimize portfolios aligned with enterprise objectives.

Responsibilities

• Lead the design, enhancement, and execution of fixed income strategies across all insurance legal entities and business lines.
• Ensure alignment of fixed income portfolios with enterprise risk appetite, capital, liquidity, and asset–liability management objectives.
• Oversee integration of fixed income strategy into new business pricing and in-force portfolio optimization.
• Partner with asset teams to identify, evaluate, and approve new asset classes and fixed income strategies consistent with evolving business and regulatory needs (including U.S. and Bermuda frameworks).
• Lead selection, oversight, and performance management of internal and external fixed income managers.
• Develop and maintain performance benchmarks and frameworks to evaluate manager effectiveness.
• Drive co-investment sourcing and underwriting in partnership with asset managers.
• Oversee the development and enhancement of quantitative modeling, stress testing, and scenario analysis frameworks to optimize portfolio allocations.
• Monitor and report on portfolio performance, risk positioning, liquidity, concentrations, and investment activity to senior stakeholders.
• Ensure robust governance, documentation, and compliance consistent with regulatory and accounting standards.
• Serve as a key liaison to actuarial, ALM, finance, risk, treasury, and business unit leaders, fostering cross-functional alignment.
• Lead, mentor, and develop a high‑performing team, promoting innovation, analytical rigor, and continuous improvement.
• Communicate complex fixed income strategies and recommendations clearly and persuasively to senior stakeholders and external partners.
• Conduct investment due diligence on portfolios associated with reinsurance, M&A, or other strategic transactions.
• Provide analysis and recommendations to support enterprise strategic decisions.
• Drive process improvements to enhance quality and effectiveness of fixed income portfolio management.
• Stay current on regulatory developments, market trends, and emerging best practices, incorporating insights into strategy and execution.

Requirements

• Experienced leader who has deep expertise with fixed income insurance portfolios, new money deployment and in-force optimization, credit risk tolerances with capital optimization over time.
• 10 years of experience in insurance asset management, fixed income portfolio management, liability‑driven investing, or related fields.
• Deep understanding of insurance balance sheets, asset–liability management, US RBC and Bermuda regulatory regimes, and GAAP/statutory accounting.
• Proven ability to lead teams and build consensus across highly cross‑functional environments.
• Strong analytical capabilities and ability to synthesize large and complex data sets.
• Excellent written, verbal, and interpersonal communication skills, with the presence to influence senior executives.
• Bachelor’s degree in finance, economics, quantitative discipline, or related field; advanced degree preferred.
• CFA preferred but not required.

Benefits

• 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