Lincoln Nationwide (LNC) Appoints Andrew D. Rallis as Chief Threat Officer
Lincoln Monetary Group (LNC) at this time introduced that Andrew (Andy) Rallis will be a part of the corporate on Could 15, 2023 as Government Vice President, Chief Threat Officer.
Rallis could have impartial oversight of all types of danger throughout the corporate – together with market danger, asset-liability administration danger, funding and credit score danger, product and insurance coverage danger, operational danger and strategic danger. He might be a member of the corporate’s Senior Administration Committee and can report back to CEO Ellen Cooper.
Rallis brings greater than 40 years of expertise as a risk-management chief within the insurance coverage business. He most not too long ago served as Government Vice President, International Chief Actuary at MetLife, with accountability for actuarial practices in 40+ markets all through the corporate, together with actuarial facets of exterior monetary reporting and inside value-based metrics, oversight of pricing actions, asset legal responsibility administration and actuarial mannequin growth. In 2014 he was named America’s Insurance coverage Threat Supervisor of the Yr by GlobalCapital in recognition for his work on MetLife’s variable annuity hedging applications.
“We’re thrilled that Andy has determined to hitch Lincoln,” stated Ellen Cooper, President and CEO of Lincoln Monetary. “He’s a deeply seasoned and extremely completed chief with experience throughout all sides of danger administration for insurance coverage firms. We’ve an extremely proficient Threat staff right here at Lincoln, and we stay up for Andy’s management and the worth he’ll convey to our group.”
Rallis is a longstanding volunteer with the Society of Actuaries (SOA), notably as a speaker at quite a few conferences and occasions, and for serving as President of the SOA in 2019-20, and on the SOA Board of Administrators from 2015-2021. He was additionally a founder and the inaugural President of the Chief Actuaries Discussion board and has served on the company advisory council of the Worldwide Affiliation of Black Actuaries for the previous decade. He obtained Bachelor of Science levels in each Arithmetic and Physics from MIT, and is constant his schooling at MIT Skilled Training with a certificates program in Synthetic Intelligence and Machine Studying.
“Combining technical capabilities with clear and clear communication that empowers robust danger administration has been my ardour all through my profession, and I’m extremely excited to hitch Lincoln Monetary for my subsequent chapter,” stated Rallis. “I stay up for partnering with Lincoln’s proficient staff of danger administration professionals as all of us contribute to the collective mission of offering monetary safety and safety to our prospects and this nice firm for years to come back.”
About Lincoln Monetary Group
Lincoln Monetary Group gives recommendation and options that assist folks take cost of their monetary lives with confidence and optimism. At present, roughly 16 million prospects belief our retirement, insurance coverage and wealth safety experience to assist handle their life-style, financial savings and earnings objectives, and guard in opposition to long-term care bills. Headquartered in Radnor, Pennsylvania, Lincoln Monetary Group is the advertising title for Lincoln Nationwide Company (NYSE:) and its associates. The corporate had $290 billion in end-of-period account balances web of reinsurance as of March 31, 2023. Lincoln Monetary Group is a dedicated company citizen included on main sustainability indices together with the Dow Jones Sustainability Index North America and ranks amongst Newsweek’s Most Accountable Corporations. Devoted to variety, fairness and inclusion, we’re included on transparency benchmarking instruments such because the Company Equality Index, the Incapacity Equality Index and the Bloomberg Gender-Equality Index. Dedicated to offering our workers with versatile work preparations, we have been named to FlexJobs’ record of the Prime 100 Corporations to Look ahead to Distant Jobs in 2022. With a protracted and wealthy legacy of appearing ethically, telling the reality and talking up for what is correct, Lincoln was acknowledged as considered one of Ethisphere’s 2022 World’s Most Moral Corporations®. We create alternatives for early profession expertise by our intern growth program, which ranks amongst WayUp and Yello’s annual record of Prime 100 Internship Packages. Be taught extra at: www.LincolnFinancial.com. Observe us on Fb, Twitter, LinkedIn, and Instagram. Join electronic mail alerts at https://newsroom.lfg.com.
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Lincoln Monetary Group
Supply: Lincoln Monetary Group
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