Company

Lincoln FinancialSee more

addressAddressPennsylvania, United States
type Form of workFull-Time
CategoryAccounting/Finance

Job description

Alternate Locations: Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Radnor, PA (Pennsylvania); Work from Home

 

 Work Arrangement:

Hybrid/Flexible : Work at home and use the office as appropriate for in-person collaboration.

 

Relocation assistance:  is not available for this opportunity.

 

Requisition #: 72568

 

The Role at a Glance

 

As the Sr. Associate Actuary, Life Financial Management and Strategy, you will serve as a subject matter expert driving insights and delivering thoughtful analysis on Life Valuation quarterly results, annual assumption updates, and new product and implementations for both GAAP and Statutory reporting. You will also be critical in the production of the annual VM-31 report and represent finance and valuation as a supporting member of new product pricing working groups.

 

The ideal candidate will have life valuation background and love applying it to solve real world business problems.

 

What you'll be doing

 

Valuation Results Review

  • Act as the primary reviewer for a product segment analyzing quarterly 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.  

 

Assumptions:

  • 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.

 

New Product Implementation and New Product Pricing Review:

  • Support new product pricing working groups and provide guidance on appropriate assumption and modeling methodologies from a valuation perspective throughout the pricing process
  • Provide guidance on appropriate assumptions and modeling methodologies to the new product implementation team
  • Expand and maintain validation tools such as external spreadsheets used to review model results
  • Assist in developing and executing model review controls and governance structures.

 

Embrace a continuous improvement mindset to assess and improve analysis tools, processes, and modeling methods and assumptions.

 

Collaborate across the organization to support strong relationships with Life Valuation and Modeling, Life Pricing, Life Model Governance, Corporate Actuarial, and others. 

 

What we’re looking for

 

Must-haves:

  • Strong analytical and problem solving skills
  • Effective verbal and written communication
  • Life product knowledge and general insurance business knowledge
  • 5+ years of actuarial experience, including valuation experience
  • FSA preferred; ASA required

 

Nice-to-haves:

  • VM-20 experience for ULSG and/or Term products
  • GAAP LDTI experience, specifically with Trad LFPB
  • Prior experience with actuarial modeling software, preferably MG-ALFA

 

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:

  • A clearly defined career framework to help you successfully manage your career

  • 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

 

Pay Range: $102,301 - $184,500 

 

Actual base pay could vary 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, 2022, approximately 16 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection and retirement plan services. As of September 30, 2023, the company had $290 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, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com

 

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/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.

 

This Employer Participates in E-Verify. See the E-Verify notices.

Este Empleador Participa en E-Verify. Ver el E-Verify avisos. 

Refer code: 7789356. Lincoln Financial - The previous day - 2024-01-10 05:27

Lincoln Financial

Pennsylvania, United States
Popular Associate Actuary jobs in top cities
Jobs feed

Therapist or Counselor - Remote

Guideline Health Care

Eugene, OR

$100,000 - $135,000 a year

O/O's can earn $270k+ driving with Driver Driven.

Kj Media

Cleveland, OH

$198,102 - $272,239 a year

Mortgage Originator Market Leader

Yourwayhome.com Llc

Springfield, OR

$75,000 - $565,000 a year

RV Transport Owner Operator

Pinnacle Transport Group

Cleveland, OH

$128K - $162K a year

Bar Bourbon Cocktail Server

Loews Hotels & Co.

Arlington, TX

$25.7K - $32.5K a year

Dishwasher

Creswell Bakery

Creswell, OR

From $16 an hour

$16.70*/HR - Crew Member - Jersey Mike's (32027)

Jck Subs Llc

Springfield, OR

$16.70 an hour

SERVER, HOST, BARTENDER, TOGO/DELIVERY

Saltgrass Steakhouse

Bedford, TX

$26.6K - $33.7K a year

Cast Member - Server

Regal

Eugene, OR

$27K - $33.1K a year

Visual Merchandiser

Target

Springfield, OR

$22.25 - $37.80 an hour

Share jobs with friends

Related jobs

Sr Associate Actuary, Life Financial Strategy & Management (*Remote Consideration)

Healthcare Financial/Actuarial Associate

Willis Towers Watson

New York, NY

2 days ago - seen

Healthcare Actuarial Associate Director

Willis Towers Watson

New York, NY

5 days ago - seen

Associate Actuary (Specialty Lines)

Usaa.

Lorida, FL

5 days ago - seen

Healthcare Financial/Actuarial Associate

Willis Towers Watson

Tennessee, United States

2 weeks ago - seen

Actuarial Associate

Longevity Holdings

$80.5K - $102K a year

Minneapolis, MN

2 weeks ago - seen

Actuarial Associate

Atlanta Life Insurance Company

$60.3K - $76.3K a year

Atlanta, GA

2 weeks ago - seen

Associate Actuary - P&C GL Knowledgeable

Iat Insurance Group, Inc.

$106K - $134K a year

Alpharetta, GA

2 weeks ago - seen

Associate Actuary

Amerihealth Caritas

United States

3 weeks ago - seen

Associate Pricing Actuary

Axis Insurance

New York, NY

a month ago - seen

Actuarial Associate III - Corporate Governance & Financial Reporting

Stancorp Financial Group, Inc.

Portland, OR

a month ago - seen

Healthcare Financial/Actuarial Associate Director

Willis Towers Watson

Lorida, FL

a month ago - seen

Healthcare Financial/Actuarial Senior Associate

Willis Towers Watson

Maryland, United States

a month ago - seen

Healthcare Financial/Actuarial Senior Associate

Willis Towers Watson

Lorida, FL

a month ago - seen

Associate Actuary

Usaa

Colorado, United States

a month ago - seen

Healthcare Financial/Actuarial Lead Associate

Willis Towers Watson

Tate, GA

a month ago - seen

Healthcare Financial/Actuarial Lead Associate

Willis Towers Watson

Illinois, United States

a month ago - seen

Healthcare Financial/Actuarial Lead Associate

Willis Towers Watson

Tennessee, United States

a month ago - seen

Healthcare Financial/Actuarial Lead Associate

Willis Towers Watson

Maryland, United States

a month ago - seen