AVP & Actuary, Life Quality of New Business

Alternate Locations: Radnor, PA (Pennsylvania); Charlotte, NC (North Carolina); Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Hartford, CT (Connecticut); Omaha, NE (Nebraska)

 

 Work Arrangement:

Hybrid : Employee will work 3 days a week in a Lincoln office

 

Relocation assistance:  is not available for this opportunity.

 

Requisition #: 75853

 

The Role at a Glance

This role will be responsible for leading the profitability reporting for Lincoln’s Life business. They will direct a team in appropriately managing the various reporting deadlines, balancing accuracy with timeliness. This is a high visibility role that will communicate with senior management and will ensure that the deviations from expectations are appropriately quantified and attributed.

What you'll be doing

Provide accurate and timely reporting of metrics associated with Life profitability reporting, and continually look for ways to improve both speed and quality of the work, pivoting as necessary to meet changing business needs. 

Identifies and directs strategic process improvements that significantly reduce workloads or improve quality across the team, department and/or business unit for assigned areas(s) of responsibility. 
Directs, establishes, and implements priorities, performance goals and objectives to ensure departmental results for their assigned area(s) of responsibility. 
Directs/executes approved strategy decisions and contributes to strategy creation for assigned area(s) of responsibility. 

 

Clearly and concisely explain key drivers of deviations from prior expectations, varying exhibits and/or level of detail as appropriate 
Presents actuarial recommendations to various levels of management and other stakeholders serving as a subject matter expert.  
Proactively partners with senior management to develop and implement appropriate policies and practices to mitigate risk.  
Anticipates and provides strategies/solutions to complex actuarial problems and exhibits flexibility to provide answer to adhoc/mid-cycle questions.  
Partners effectively with various levels of management and other stakeholders to generate high-quality decisions. 

 
Communicate effectively with various stakeholders including Sales, ERM, Finance, Pricing, and Underwriting.  Leverage their individual expertise to provide quality information to make informed decisions.  
Builds organizational capability within their assigned area(s) of responsibility.  
Collaborates with internal/external stakeholders to position solutions in an open and easy-to-understand manner, consistent with enterprise goals 
 
Understand key drivers of profitability, anticipating and communicating how proposed changes may impact reported values 
 
Review modeling and other technical work completed by the team for accuracy, providing actionable feedback as necessary. 
Provides guidance on structure of actuarial models and assumption development and proper balance of precision and timeliness.  
 
Effectively manage a team of actuaries, ensuring appropriate development of both technical and softer skills.   
Provides training and development opportunities, including stretch assignments, for team members and gives honest and open feedback to aid in the development of talent.  
Ensures that top talent is hired and retained for their assigned area(s) of  responsibility. 
Builds organizational capability within their assigned area(s) of responsibility.  

What we’re looking for

Must-have:   

• 10+ years of increasing actuarial experience 
• FSA designation or ASA designation with additional years’ actuarial experience.   
• Analytical skills: ability to think critically, identify, and solve potential challenges.   

 

Nice-to-have:    

• Demonstrated strong relationship management skills with internal clients (e.g. senior management, peers and colleagues); proven ability to develop creative and collaborative approaches; can influence outcomes without directing or commanding.   
• Demonstrated strong project management leadership skills including, critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines.   
• Excellent oral and written communication skills, adaptable to a wide variety of audiences throughout Lincoln’s organizational structure   
• Undergraduate degree in Actuarial Science, Applied Mathematics, Statistics, Economics, Computer Scien