Want Actuary - Life Inforce Management (Remote Consideration) in Radnor, PA

Job title: Actuary - Life Inforce Management (Remote Consideration)

Company: Lincoln Financial Group

Job description: Alternate Locations: Radnor, PA (Pennsylvania); Boston, MA (Massachusetts); Charlotte, NC (North Carolina); Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Hartford, CT (Connecticut); Philadelphia, PA (Pennsylvania); Work from Home



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 #: 71584



The Role at a Glance



We're excited to bring on a Senior Associate, Actuary - Life Inforce Management. In this role you will be responsible for supporting the review of the performance for all inforce blocks of Lincoln's Life Solutions business. In addition, the individual will support modeling and analysis of inforce blocks of the individual life insurance business by contributing to a long-term framework for assessing emerging product profitability drivers. The individual will contribute to a team that contemplates complex factors such as regulation, legal considerations, actuarial and financial implications, external messaging implications, and operational capabilities.



What you'll be doing

• Identify, analyze, and implement inforce projects such as non-guaranteed elements analysis and management to support the business objectives.


• Develop and analyze complex actuarial models/spreadsheets needed for managing the inforce business, including model validation and enhancement


• Identify and implement process improvements that enhance the quality of life inforce management.


• Provide subject matter expertise to Legal, Compliance and Claims on technical policy information and/or detailed policy calculations.


• Collaborate with cross functional teams on the design and implementation of inforce management projects.


• Monitor developments in actuarial techniques, research into laws and regulations applicable to company operations or actuarial science, ensuring Lincoln's life inforce management is in compliance.

What we're looking for



Must-have:

• 5-7 years of experience in actuarial science that directly aligns with the specific responsibilities for this position.


• FSA designation or ASA designation with additional years of actuarial experience.


• Ability to create, analyze, and audit actuarial and financial models. Sound understanding and knowledge of Statutory Accounting Principles (STAT), Generally Accepted Accounting Principles (GAAP), and Internal Revenue (IRS) regulations.


• Understanding of life insurance product mechanics, operations, administration, and distribution.


• Understanding of state life insurance regulations and life insurance related compliance issues.


• Undergraduate degree or 4+ years of comparable work experience. Education concentration in mathematics, actuarial science, business or science is preferred.

Nice-to-have:

• Understanding of Whole Life product design and mechanics, including dividend management


• MG-ALFA experience preferred

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.



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



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

Expected salary: $102301 - 184500 per year

Location: Radnor, PA

Apply Job!