Sr. Associate Actuary, Group Product Risk & Reinsurance

Alternate Locations: Work from Home; Atlanta, GA (Georgia); 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 #: 73147

 

The Role at a Glance

We are excited to bring on a Sr. Associate Actuary, Reinsurance & Risk Management, to our Group Protection business line to work in our remote based office.
 

As the Sr. Associate Actuary, Reinsurance & Risk Management, you will be responsible for supporting the Enterprise Risk Management (ERM) activities within the Group Protection (GP)business unit. This role is responsible for assisting in the optimization of the Group Life and Health Disability reinsurance and risk management programs for GP. You will collaborate with business partners to provide insightful, value added, and actionable risk analysis and actuarial governance to drive business results.

What you'll be doing

• Analyze and provide direction on Group Life and Health Disability reinsurance programs to ensure that reinsurance arrangements offer competitive, industry leading solutions and are implemented appropriately
• Partner with internal and external business partners to support the development of reinsurance Requests for Proposals (RFP) and/or treaty changes, as needed
• Lead the development and completion of actuarial risk evaluations consistent with ERM standards and best practices
• Lead the oversight of various actuarial governance initiatives such as peer reviews and model governance
• Partner with leaders and peers within product development, pricing, underwriting, valuation, finance and Corporate ERM to help achieve business objectives
• Identify and direct the implementation of process and risk evaluation improvements that significantly improve the quality of risk management initiatives
• Provide subject matter expertise to team members and internal/external stakeholders for areas under your responsibility
• Organize findings in a clear, systematic fashion and present actuarial recommendations to various levels of management and other stakeholders
• Potential to work alongside and mentor a rotating student on the team

What we’re looking for

Must-haves:

• 5-7+ years of increasing experience in Actuarial positions that directly align with the specific responsibilities of the position
• Strong analytical and problem-solving skills
• Ability to think critically, identify potential challenges, discuss solutions, and validate results
• Work with a sense of urgency while maintaining appropriate attention to detail and accuracy
• Effective verbal and written communication skills
• FSA designation or ASA designation with additional years of experience

Nice-to-haves:

• Experience and/or proficiency in reinsurance or risk management is preferred
• Experience and/or proficiency with group insurance is 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:

• 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 el