Associate Actuary, Annuity Pricing (Remote Consideration)

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 #: 73413

The Role at a Glance

The ADP Program Overview

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, 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 pricing for Lincoln’s fixed, fixed indexed, and indexed variable annuities where you will be responsible for:

Pricing Analysis

• Perform pricing analysis using vendor or internally developed software, analyze pricing results for annuity contract and rider benefits, determine appropriate assumptions, and model product features.
• Collaborate with Product Development team on product design to meet or exceed profitability or sales objectives.
• Present results to team members, key business partners, and management.
…