Lincoln Financial Group announced that Andrew (Andy) Rallis will join the company on May 15, 2023 as Executive Vice President, Chief Risk Officer. Rallis will have independent oversight of all forms of risk across the company – including market risk, asset-liability management risk, investment and credit risk, product and insurance risk, operational risk and strategic risk. He will be a member of the company's Senior Management Committee and will report to CEO Ellen Cooper.

Rallis brings more than 40 years of experience as a risk-management leader in the insurance industry. He most recently served as Executive Vice President, Global Chief Actuary at MetLife, with responsibility for actuarial practices in 40+ markets throughout the company, including actuarial aspects of external financial reporting and internal value-based metrics, oversight of pricing activities, asset liability management and actuarial model development. In 2014 he was named America's Insurance Risk Manager of the Year by GlobalCapital in recognition for his work on MetLife's variable annuity hedging programs. Rallis is a longstanding volunteer with the Society of Actuaries (SOA), notably as a speaker at numerous conferences and events, and for serving as President of the SOA in 2019-20, and on the SOA Board of Directors from 2015-2021.

He was also a founder and the inaugural President of the Chief Actuaries Forum and has served on the corporate advisory council of the International Association of Black Actuaries for the past decade. He received Bachelor of Science degrees in both Mathematics and Physics from MIT, and is continuing his education at MIT Professional Education with a certificate program in Artificial Intelligence and Machine Learning.