Actuary, Annuity Model Governance

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:  will be considered/provided for this opportunity within our company guidelines.

 

Requisition #: 75506

 

The Role at a Glance

As an Actuary of the Annuity Model Governance and Stewardship team, you will perform comprehensive reviews of models that support valuation, projections, pricing, financial planning, and strategic initiatives within the Annuity business. Our team ensures the integrity, efficiency, and compliance of actuarial models for annuity products, focusing on robust model validation, governance, and continuous improvement to support accurate financial reporting and effective risk management. 
 

What you'll be doing

•Working with cross-functional team to identify and understand required changes to GGY-AXIS Traditional Variable and Registered Index Linked Annuity models
•Develop and execute independent model validation tools to assess accuracy and reliability of the AXIS annuity models including key data inputs, assumptions, and model calculations
•Maintain and enhance the current Excel-based validation framework to ensure consistency and compliance
•Participate in the assessment of the transitio n to a Python-based validation platform, contributing to design, development, and implementation to improve scalability, automation, and efficiency
•Document processes, assumptions, and validation results to meet regulatory SOX control and internal audit standards
•Engage with model developers and stakeholders to communicate model review findings and develop appropriate solutions
•Identify and recommend process improvements that significantly reduce workload or enhance quality across the team

What we’re looking for

Must have:

•7+ years of actuarial experience with actuarial credentials (ASA or FSA)
•Experience in actuarial modeling and/or valuation experience in GGY-AXIS
•Experience in reviewing and assessing the appropriateness of complex models 
•Advanced proficiency in VBA, Python, or other programming languages (expert level preferred)
•Strong analytical and problem-solving skills
•Deep knowledge of annuity product and general insurance business knowledge
•Strong communication and interpersonal skills
•Strong understanding of regulatory and accounting frameworks (Stat/GAAP/Tax/RBC)
•History of innovation and process improvement
•Ability to manage multiple priorities and deliver high-quality results under deadlines.

 

Nice to have:

•Experience working with business intelligence tools (e.g. Tableau)

Application Deadline

Applications for this position will be accepted through February 15th, 2026 subject to earlier closure due to applicant volume.

 

What’s it like to work here?

At Lincoln Financial, 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 of Lincoln's core values and leadership attributes

• 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

• Work arrangements that work for you

• Effective productivity/technology tools and training

 

The pay range for this position is $108,501 - $195,900 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is 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