FreshRemote.Work

Actuary, Life Pricing (Remote Consideration)

Radnor, PA, US

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

 

 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 #: 73146

 

The Role at a Glance

We’re excited to bring on a Senior Associate Actuary, Life Pricing to play an integral role in pricing & analyzing Lincoln’s IUL, VUL, and term products. You will direct, develop and perform complex actuarial analysis to drive pricing decisions that meet diverse sets of profitability, risk and sales goals.

 

What you'll be doing

  • Build & maintain pricing models in MG-ALFA to conduct pricing & financial analysis for Lincoln’s IUL, VUL, and term products
  • Provide pricing analysis for both existing products & to evaluate feasibility of new products or features to support market expansion
  • Analyze risk & summarize key findings for senior leaders to drive strategic pricing strategies
  • Collaborate with other areas including ERM, valuation, product & inforce management to ensure pricing strategies meet all profitability, risk, and sales targets
  • Partner with the Centralized Pricing Model (CPM) and Quality of New Business (QNB) teams to validate & improve upon pricing models

What we’re looking for

Must-haves:  

  • 5-7+ years of experience in actuarial science that aligns with the specific responsibilities for this position
  • FSA designation or ASA designation with additional years of actuarial experience
  • Excellent communication, collaboration, and analytical skills
  • Undergraduate degree or 4+ years of comparable work experience; educational concentration in Mathematics, Actuarial Science, Computer Science, or Statistics is preferred 

Nice-to-haves:

  • MG-ALFA experience
  • Strong Microsoft Excel background including VBA
  • Life insurance or annuity product knowledge including variable universal life and universal life

 

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 levels 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: $105,301 - $190,000 

 

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, 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/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. 

Apply

Job Profile

Regions

North America

Countries

United States

Restrictions

Must reside outside commutable distance Relocation assistance not available Work at home employee residing outside of a commutable distance to an office location

Benefits/Perks

401(k) 401K and employee benefits Career tracks Clearly defined career tracks Coaching Competitive 401K and employee benefits Defined career tracks Effective productivity/technology tools and training Employee Assistance Program Financial counseling Flexible work Flexible work hybrid situations Free financial counseling Health coaching Hybrid work Leadership development Leadership development and virtual training opportunities Productivity/technology tools and training PTO PTO/parental leave Remote work Remote work environment Remote work environment and flexible work hybrid situations Training opportunities Tuition Assistance Tuition assistance program

Tasks
  • Analyze risk
  • Build pricing models
  • Collaborate with teams
  • Conduct pricing analysis
  • Pricing analysis
  • Validate pricing models
Skills

Actuarial Actuarial Analysis Actuarial science ALFA Analytical Annuity products Communication Computer Science Excel Financial analysis Leadership Development Life Insurance Marketing Mathematics MG-ALFA Microsoft Excel Pricing Pricing Analysis Reinsurance Statistics Universal life Valuation Variable universal life VBA

Experience

5-7 years

Education

Actuarial science ASA Business Computer Science FSA Mathematics Statistics Undergraduate Degree

Certifications

ASA ASA designation FSA

Timezones

America/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9