Want Actuary, Advanced Analytics and Modeling Solutions, Annuity Solutions (Remote Consideration) in Hartford, CT

Job title: Actuary, Advanced Analytics and Modeling Solutions, Annuity Solutions (Remote Consideration)

Company: Lincoln Financial Group

Job description: Alternate Locations: Hartford, CT (Connecticut); Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Radnor, PA (Pennsylvania)



Work Arrangement:



Hybrid/Common Days+ : Work 2-3 days a week in a Lincoln office with a designated workspace.



Relocation assistance: is not available for this opportunity.



Requisition #: 71993



The Role at a Glance



This position will primarily support capital market analytics for index annuities (variable and fixed), and traditional variable annuities with guarantees, and will extend to life insurance with guarantees over time. You will design and implement innovative modeling solutions to evaluate key drivers and impacts to profitability and risk metrics for deeper insights. You will communicate results to stakeholders, serve as a subject matter expert and provide thought leadership. You will elevate analytics bench strength, drive efficiency, and minimize model risk through continuous improvement in our infrastructure and processes. You will lead analyses relating to changes in investment options, hedging strategies, regulatory/ accounting requirements, various assumptions, and more. This position offers high visibility to senior management, collaborating across Annuities, Life Insurance and Corporate Finance.



What you'll be doing

• Advance modeling infrastructure in projecting annuity earnings stochastically, with more robust reflection of evolving hedge strategy and capital management


• Analyze risk management strategies, such as hedging and reinsurance, and their impact on product risk and profitability.


• Lead R&D and analysis of new/ upgraded investment options and innovative product features, e.g., custom indices and index account payoffs/ crediting rate strategies, risk managed funds.


• Partner across teams to advance hedge strategies, especially with Indexed VA (or RILA).


• Design and implement customized modeling solutions to analyze complex actuarial issues and strategic initiatives


• Develop subject matter expertise in our pricing models, capital market and actuarial assumptions, and advise stakeholders on modeling and risk issues


• Provide thought leadership and insights on Distributable Earnings impact from product changes, regulatory changes, and different capital standards


• Provide ad hoc support towards modeling solutions initiatives, such as actuarial software conversion, computing grid infrastructure upgrades, and continuous improvement


• Support Life insurance capital market analytics and provide modeling subject matter expertise as opportunities arise


• Support enterprise long-term strategy of increasing distributable earnings and diversifying sources of earnings.


• Serve as a subject matter expert and leverage industrial trends to provide comprehensive and holistic guidance on risk management strategies and modeling innovations.


• Coach junior team members, influence business partners to think strategically and execute on assigned projects efficiently and effectively. Manage shifting priorities considering cost benefit trade-offs strategically.

What we're looking for



Must-have:

• 7+ years of actuarial experience (typically FSA designation)


• Substantial experience in actuarial modeling of annuity or life products


• Strong understanding of regulatory/accounting/capital frameworks (STAT/GAAP/Tax, RBC, EC)


• Solid foundation of capital markets and financial instruments (assets and derivatives)


• Demonstrated success in balancing and pivoting across projects with shifting priorities


• Strong relationship management skills and collaboration experience across functional areas


• Commitment to continuous learning

Nice-to-haves:

• Experience in advanced modeling/ analytics, financial engineering and market risk analysis


• Competency with R, Python, SQL, Excel VBA, Tableau


• Demonstrated ability to identify, develop and implement processes improvements.


• Demonstrated success in providing strategic and holistic thought leadership


• Demonstrated ability to promote continuous improvement practices and collaborations


• Find common ground and gain collaboration among management, colleagues and peers; influence outcomes without directing or commanding.

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



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, a Fortune 200 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas - Life Insurance, Annuities, Retirement Plan Services and Group Protection - focus on supporting, preserving and enhancing over 17 million customer's lifestyles and retirement outcomes.



Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $324 billion in end-of-period account values as of June 30, 2021.



Ranked one of the Best Large Employers in America and Best Employers for Women by Forbes magazine as well as one of Newsweek's Most Responsible Companies, Lincoln Financial Group makes a serious investment in our employees' futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals.



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.



Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, we earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index. Follow us on , , , and . Sign up for email alerts at



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 [email protected] 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.



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Expected salary: $102301 - 184500 per year

Location: Hartford, CT

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