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Associate Actuary

$79.6k - $145.1k

Lincoln Financial Services

Associate Actuary, Executive Benefits Pricing/Inforce ManagementThe Actuarial Development Program (ADP) at Lincoln Financial Group is an industry-leading program that demonstrates Lincoln Financial's commitment to creating highly qualified business leaders. As an ADP participant, you'll be able to explore your unique interests while developing the essential actuarial, technical, management, communication, and leadership skills you need to succeed. The Actuarial Development Program includes a series of rotations, typically every 18-24 months. For each rotation, roles are available in different business areas including Life and Annuities, Retirement and Group Protection. Experience gained will enable participants to become well-rounded actuaries with knowledge that may include Product Development, Pricing, Valuation, Modeling, Risk Management, Asset Liability Management, Investments, Data Analytics, and Internal Audit. ADP participants are expected to pass the Society of Actuaries' exams at a prescribed pace. The program is designed to support you as you work towards your FSA and provide the training and resources necessary to become a well-rounded actuarial leader.As an Associate Actuary in the Executive Benefits team, you will play a significant role in helping shape the future of the institutional product offerings for Lincoln. This visible role will help guide transformation efforts and lead special projects to enhance the overall pricing and reporting process.What you'll be doing:Inforce Management: Perform monthly and quarterly tasks to provide rates for executive benefit products including COLI/BOLI and PPLI productsPricing Analysis: Perform pricing analysis using model output and product illustration software (Andesa), analyze pricing results for EB Products, support in the development of appropriate assumptions and model maintenance. Begin to develop pricing strategies and provide consultation/clarification on actuarial models and risk issues. Engage with the product development team on product design to meet or exceed profitability and sales objectives. Present results to team members, working groups, key business partners, and management.Actuarial/Technical Support: Maintain existing actuarial pricing models and tools; proactively identify and implement improvements. Maintain relationship with brokers; review and run product illustrations to support case pricingSpecial Projects: Participate in ad hoc projects related to product development, implementation, and inforce managementPricing Documentation: Prepare reports summarizing crediting rates for EB products and complete ad hoc requestsWhat we're looking for:Must have:Undergraduate degree in Actuarial Science, Applied Mathematics, Statistics, Economics, Computer Science, Data Science, or other quantitative major3-6+ Years' experience that aligns with the responsibilities for this positionAt least 7 actuarial exams passed; typically has ASA designation, progressing towards FSA designation4 Year/Bachelor's degree (or equivalent) (Minimum Required)Strong analytical and problem-solving skillsStrong communication and interpersonal skillsNice to have:Experience working with artificial intelligence toolsHistory of innovation and process improvementAdvanced proficiency with Microsoft Office Suite (Excel, Word, PowerPoint) and Microsoft SQL ServerMG-ALFA Modeling ExperienceApplication Deadline: Applications for this position will be accepted through September 15th, 2026 subject to earlier closure due to applicant volume.What's it like to work here? At Lincoln Financial, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future.What's in it for you:Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributesLeadership development and virtual training opportunitiesPTO/parental leaveCompetitive 401K and employee benefitsFree financial counseling, health coaching and employee assistance programTuition assistance programWork arrangements that work for youEffective productivity/technology tools and trainingThe pay range for this position is $79,601 - $145,100 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln's total rewards package for employees. In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual. Other rewards may include long-term incentives, sales incentives and Lincoln's standard benefits package.About The Company: Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future. We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services. With our 120-year track record of expertise and integrity, millions of customers trust our solutions and service to help put their goals in reach.Lincoln Financial is the marketing name for Lincoln Financial Corporation and its affiliates including The Lincoln National Life Insurance Company, Fort Wayne, IN, and Lincoln Life & Annuity Company of New York, Syracuse, NY. Lincoln Financial affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice.Lincoln is committed to creating an inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Vacancy posted 2 days ago
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