Associate Actuary, Corporate Actuarial

Job title: Associate Actuary, Corporate Actuarial in Radnor, PA at Lincoln Financial Group

Company: Lincoln Financial Group

Job description: 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 Preferred : Preferred employee will work 3 days a week in a Lincoln officeRelocation assistance: is not available for this opportunity.Requisition #: 74619The Role at a GlanceThe ADP Program OverviewThe 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.Additional Program Highlights:

• 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, 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, you will support the Corporate Chief Actuary in managing key strategic and execution risks for the Office of the Chief Actuary. Key focus areas would include:Actuarial Controls

• Oversee and support the assembly of the policy level recalculation and validation packages.


• Review team dashboards of controls, identifying and coordinating support for any controls at risk.


• Track execution status and produce quarterly updates for senior management.

Strategic Initiatives

• Support actuarial leaders in developing Cost Benefit Analysis summaries for strategic initiatives requiring additional funding.


• Support the Corporate Chief Actuary in planning and managing the expenses of both the Chief Actuary budget as well as all actuarial and FP&A transformation workstreams.

Annual Statement

• Consolidate content produced by the valuation teams to produce key annual statement items, such as Exhibit 5 and the New York Supplement.

Data Management

• Serve as supplemental support for pre- and post-model processing of AAT and ALM data, using Dataiku and Tableau.

Special Projects

• Support the Corporate Chief Actuary with a wide range of special projects related to corporate finance, regulatory compliance, capital management, and actuarial talent development.

What you'll be doing

• Build relationships within finance and across different business units


• Collaborate with team members and other actuarial associates


• Receive coaching and mentorship from senior actuarial associates and leaders


• Support the group’s actuarial initiatives and on-going business needs


• Complete assigned projects and impactful outputs

What we’re looking for

• 3-6+ years of experience in actuarial science


• Typically ASA designation, progressing towards FSA designation


• Driven, motivated and resourceful problem-solvers with critical thinking skills who are eager to learn, are coachable and committed to meeting deadlines and working in a team environment.


• Experience in valuation or auditing is a plus.


• Knowledge of Dataiku or something similar (Alteryx) is a plus.

Application DeadlineApplications for this position will be accepted through July 15th, 2025 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 leaveFree 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 $69,000 - $124,600 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 CompanyLincoln 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 Distributors, a broker-dealer, is the wholesale distribution organization of Lincoln Financial. 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 a 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.Follow us on , , , , and . For the latest company news, visit our .Be Aware of Fraudulent Recruiting ActivitiesIf you are interested in a career at Lincoln, we encourage you to review our current openings and apply on our website. Lincoln values the privacy and security of every applicant and urges all applicants to diligently protect their sensitive personal information from scams targeting job seekers. These scams can take many forms including fake employment applications, bogus interviews and falsified offer letters.Lincoln will not ask applicants to provide their social security numbers, date of birth, bank account information or other sensitive information in job applications. Additionally, our recruiters do not communicate with applicants through free e-mail accounts (Gmail, Yahoo, Hotmail) or conduct interviews utilizing video chat rooms. We will never ask applicants to provide payment during the hiring process or extend an offer without conducting a phone, live video or in-person interview. Please contact Lincoln's fraud team at [email protected] if you encounter a recruiter or see a job opportunity that seems suspicious.Additional InformationThis position may be subject to Lincoln’s 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 Lincoln’s current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.Any unsolicited resumes or candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial are considered property of Lincoln Financial and are not subject to payment of agency fees.Lincoln Financial is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, Veteran status, or genetic information. Applicants are evaluated on the basis of job qualifications. If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/TDD assistance, contact us by calling 260-455-2558.This Employer Participates in E-Verify. See the notices.Este Empleador Participa en E-Verify. Ver el avisos.

Expected salary: $69000 - 124600 per year

Location: Radnor, PA

Apply for the job now!

[ad_2]

Apply for this job