Job Description

Date: Jan 4, 2025

Primary Location: Radnor, PA, US

Company: Lincoln Financial

Alternate Locations: Radnor, PA (Pennsylvania)

Work Arrangement:

Remote : Work at home employee residing outside of a commutable distance to an office location.

Relocation assistance: is not available for this opportunity.

Requisition #: 74011

The Role at a Glance

The Role at a Glance
As an Actuary of the Life Inforce Model Governance and Stewardship team, you will perform comprehensive reviews of various models used in the Life business unit for purposes of valuation, projections, financial planning, and strategic projects. The focus of this team is to deliver insightful, value-adding, actionable model risk analytics and governance to drive business results.


This position will also provide a great opportunity to positively impact decision making by refining the models used for long-term strategic plan. The individual will work with other teams to improve the understanding of the true shape of inforce capital generation to uncover key business insight for management.

What you'll be doing

What you'll be doing

• Working with cross-functional team to identify and understand required changes to ALFA life models
• Provide detailed checks of model validations performed by the model development team to ensure robust documentation of the reviews.
• Perform an independent comprehensive model validation for key model changes including key data inputs, assumptions, and model calculation by updating Microsoft Excel validation tools.
• Develop and implement automation strategies to enhance existing validation tools, creating efficient, repeatable and scalable processes.
• Engage with model developers and other stakeholders to communicate model review findings and develop appropriate solutions.
• Identify and recommend process improvements that significantly reduce workload or enhance quality across the team
• Review financial projection model used for long-term strategic plan, identify & research issues in models, and provide solutions.

What we’re looking for

What we’re looking for
Must have:

• 7+ years of actuarial experience with actuarial credentials (ASA or FSA)
• Experience in actuarial modeling and/or valuation experience in MG-ALFA
• Experience in reviewing and assessing the appropriateness of complex models
• Experience with VBA, Python, or other programming languages preferred
• Strong analytical and problem-solving skills
• Substantial life product knowledge and general insurance business knowledge
• Strong understanding of regulatory and accounting frameworks (Stat/GAAP/Tax/RBC)
• Strong communication and interpersonal skills
• History of innovation and process improvement

Nice to have:

• Experience working with business intelligence tools (e.g. Tableau)

Application Deadline

Applications for this position will be accepted through January 15th, 2025 subject to earlier closure due to applicant volume.

What’s it like to work here?

At Lincoln Financial Group, 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 Lincoln leadership Attribute.

• Leadership development and virtual training opportunities

• PTO/parental leave

• Competitive 401K and employee benefits

• Free financial counseling, health coaching and employee assistance program

• Tuition assistance program

• A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations

• Effective productivity/technology tools and training

The pay range for this position is $108,501 - $195,900 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 Group helps people to plan, protect and retire with confidence. As of Dec. 31, 2023, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection and retirement plan services. As of December 31, 2023, the company had $295 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. Learn more at LincolnFinancial.com.

Lincoln is committed to creating a diverse and 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.

Follow us on Facebook, X, LinkedIn, and Instagram. For the latest company news, visit our newsroom.

Be Aware of Fraudulent Recruiting Activities

If 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 fraudhotline@lfg.com if you encounter a recruiter or see a job opportunity that seems suspicious.

Additional Information

This 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 Group are considered property of Lincoln Financial Group and are not subject to payment of agency fees.

Lincoln Financial Group (“LFG”) 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.

Job Tags

Remote job, Full time, Work experience placement, Work from home, Relocation package, Flexible hours,

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