Associate Actuary, Qualified Actuary Team

Alternate Locations: Radnor, PA (Pennsylvania);
Charlotte, NC (North Carolina);
Fort Wayne, IN (Indiana);
Greensboro, NC (North Carolina);
Hartford, CT (Connecticut);
Omaha, NE (Nebraska)

Work Arrangement:

Hybrid :
Employee will work 3 days a week in a Lincoln office

Relocation assistance: will be considered/provided for this opportunity within our company guidelines.

Requisition #:75525

The 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, Reinsurance, Inforce Management, Valuation, Financial Projections, Risk Management, Financial Planning & Analysis, Financial Strategy & Management, Appointed Actuary, Experience Studies, Modeling and Data Analytics & Actuarial Transformation.

• Highly competitive compensation package with salary increases and bonuses upon successful exam completion
• Social and training opportunities to enhance skills, network with ADP participants and build long‑lasting industry relationships
• Dedicated leaders and mentors to assist with career development
• Work with actuarial and data science software and technologies including MG‑ALFA, Axis, Prophet, Triton, Dataiku, R, and Tableau
• Generous study time allowances for each exam session
• Payment and/or reimbursement of actuarial exam fees, materials, review courses, and seminars taken during the program

As an Associate Actuary, Life Qualified Actuary Team, you will serve as a subject matter expert driving insights and delivering thoughtful analysis on Life quarterly valuation results, annual assumption updates, and new product and implementations for both GAAP and Statutory reporting. You will also be critical in supporting transformational efforts, helping to produce the annual VM‑31 report, and representing finance and valuation as a supporting member of new product pricing working groups.

The ideal candidate will have a Life Valuation background and love applying it to solve real world business problems.

• Provide specifications and design requirements for new model and data processes related to valuation
• Support review and validation efforts of new reporting processes
• Embrace a continuous improvement mindset to assess and improve analysis tools, processes, and modeling methods and assumptions.

• Provide review and analysis of quarterly Life valuation results for both GAAP and Statutory reporting.
• Improve analysis efficiency and provide insight to meet the elevated focus statutory financial results.
• Communicate and influence across the organization by sharing insights and analysis of valuation GAAP and Statutory results with multiple levels of management.

• Serve as an assumption subgroup member during the annual unlocking process, actively contributing to the setting of assumptions and compiling of documentation.
• Develop expertise in regulatory requirements for assumptions to support efforts to define assumption parameters appropriate for both GAAP and VM‑20 statutory reporting.

• Support preparation of the Life portion of the annual VM‑31 report by analyzing and summarizing results and updating report language to reflect current business structure, assumptions, methods, modeling, etc.
• Support implementation of new regulatory requirements, including cash‑flow testing for certain blocks of business and/or reinsurance and expanded requirements for the annual Actuarial Opinion and Memorandum.
• Provide analysis and documentation in…