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Lincoln National Corporation

Market Risk Systems Developer, Market Risk Management

Lincoln National Corporation - Philadelphia, PA

Alternate Locations: Philadelphia, PA (Pennsylvania)Relocation assistance is not available for this opportunity.Requisition #52269About The CompanyLincoln Financial Group provides advice and solutions that help empower Americans to take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, as well as to guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $222 billion in assets under management as of March 31, 2015.The RoleThis position is responsible for the development and improvement of the VA liability modeling, hedge system, and projection system which simulate both risk-neutral and real-world metrics. This position will also provide forward-looking analysis, research alternative hedging solutions, and play critical role in a wide-range of strategically important modeling initiatives.Technical KnowledgeAnalyzes, designs, codes and tests solutions for systems of moderate to high complexity, including distributed and grid computing platformsAnalyzes systems specifications of existing programs to determine requirements.Documents programs and procedures.Creates technical specifications from business requirements\/business specifications for moderate complexity projects.Participates in the requirements, design and coding walkthroughs to ensure the development of quality solutions. Provides input to appropriate project team members\/internal stakeholders regarding project plans, test plans and implementation plans. Defines detailed development tasks, task dependencies and estimates to complete work.Prepares and\/or generates test data. Test program changes thoroughly to ensure accuracy. Maintains and expands business knowledge of the financial services industry, along with technical knowledge and trends within information technology industryWorks with mathematical concepts such as averages and\/or variances and applies concepts such as probability, statistics, modeling, percentages, ratios, and proportions to practical solutions.Ability to evaluate information and the implications of a course of action or solution.Ability to interpret and apply common sense understanding to carry out a variety of instructions furnished in written, oral, or diagram form.Ability to solve problems and deal with a variety of concrete variables in situations where only limited standardization.Investigates and resolves problems including providing support for production systems in a timely manner. Proactively identifies problems and presents\/develops solutions.Communicates effectively with internal stakeholders and management.Ensures that system improvements are successfully implementedSupports, applies and adheres to LFG standards and processes, including change management and project management methodology.Organizational EffectivenessProvide direction on complex assignments, projects, and\/or initiatives to build and enhance the capability of his\/her assigned area(s) of responsibility.Identify and direct 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.Demonstrate strong relationship management skills with internal clients (e.g. senior management, colleagues and peers and can influence outcomes without directing or commanding. CollaborationConsult and collaborate to ensure project designs comply with the Enterprise Data Strategy while solving for business requirements. Consult and collaborate in engagements regarding new and existing applications, environments or processes.Demonstrates solid project management skills including, critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines. Education4 Year\/Bachelors Degree in a quantitative field (e.g. physics, mathematics, finance, computer science, statistics, actuarial science, engineering) or equivalent work experience (4 years of experience in lieu of Bachelors)ExperienceMinimum Experience (current used within last 5 years)Minimum 3 years of experience in C using object oriented programming, and design patterns.Minimum 2 years of experience in Python for OO and procedural solutions.Minimum 2 years of experience usingdata structures, implementing algorithms and multithreading.Knowledge of financial modeling and ability to translate advanced mathematics into C Proficiency with both Linux and Windows operating system.Good understanding of SDLC.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 proceduresProfessional experience working with fixed\/variable annuities risk management or related financial field is strongly preferred.Knowledge of relational databases, SOA solutions, GPU\/CUDA programming, MPI grid computing preferred.This position may be subject to Lincolns 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 Lincolns current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.

23 days 4 hours ago

Lincoln National Corporation


Market Risk Systems Developer, Market Risk Management Lincoln National Corporation - Philadelphia, PA, United States


Location: Philadelphia, PA

Company Profile:
Founded in 1905 with the endorsement of Abraham Lincoln’s son, Robert Todd Lincoln, Lincoln Financial Group is the first and only company to carry Abraham Lincoln’s name, image and ideals at the heart of our brand. For more than a century, we’ve advanced President Lincoln’s inclusive vision and values by building an honest, dependable financial services company. We're dedicated to helping Americans secure better, more optimistic futures for themselves and their loved ones.