Sr. Associate Actuary, Life Pricing (Remote Consideration)

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 #: 73145

 

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