Lead Actuary, Group Benefits Pricing Automation

Alternate Locations: Work from Home; Boston, MA (Massachusetts); Charlotte, NC (North Carolina); Dover, NH (New Hampshire); Omaha, NE (Nebraska); Phoenix, AZ (Arizona)

 

 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 #: 73532

 

The Role at a Glance

This position will lead a team that is responsible for a pricing and rating model for all the Gorup Benefits Products. They will provide subject matter expertise for the various technical systems used in pricing. They will develop and perform complex actuarial analysis and provide recommendations for leveraging the pricing model across the business unit. The model will directly feed pricing strategy decisions and support our organization's profit and growth goals.

What you'll be doing

• Leads development of robust rating model capabilities for all products and platforms to be leveraged in strategy setting, planning, small case renewals, and pricing analysis.
• Collaborates with stakeholders on recurring rating model deliverables as well as the buildout of long-term data, analysis, and reporting capabilities to help understand and manage our business.
• Analyzes and synthesizes information from multiple sources in varying degrees of completeness to support the accuracy of the rating model output. 
• Monitors and analyzes developments in pricing methodology changes and determines solutions to implement within the rating model process. 
• Identifies and directs the implementation of process improvements that significantly improve quality across the team, supporting the automation and production capabilities of the rating model. 
• Maintains knowledge on current and emerging developments of the various technical systems connected to the rating model. 
• Leads actuarial projects and proactively identifies challenges and resolutions. 
• Provides subject matter expertise on actuarial models and assumption development and suggests new ways of managing risk. 
• Supports the development of actuarial students/analysts through coaching. 
• Develops strong engagement within the team and the external stakeholders aligned with Lincolns core values and Lincolns Leadership attributes. 

What we’re looking for

• 4 Year/Bachelor's degree (or equivalent) in Actuarial Science, Applied Mathematics, Statistics, Economics, Computer Science, or other quantitative major (Required)
• 5 – 7+ Years actuarial experience directly aligned to the specific responsibilities for this position. (Required)
• Upon Hire Certifications/Licensures: (FSA) 
• 2+ years leadership experience
• Group Benefits Pricing Experience (Preferred) 
• Proficiency with SQL and Dataiku 
• Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)  
• Demonstrates strong interpersonal skills with a collaborative style.   
• Demonstrates strong project management leadership skills including, critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines.  

Application Deadline

Applications for this position will be accepted through Friday, November 8, 2024, subject to earlier closure due to applicant volume. 

 

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 job levels, along with associated behaviors for each Lincoln leadership Attribute.

• 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

 

The pay range for this position is $90,300 - $1