Actuarial Analyst II - Life Chief Actuary

Lincoln Financial•Radnor, PA

39d•$61,501 - $112,000•Hybrid

About The Position

The Actuarial Development Program (ADP) at Lincoln Financial Group is an industry-leading program that demonstrates Lincoln Financial’s commitment to creating highly qualified business leaders. As an ADP participant, you’ll be able to explore your unique interests while developing the essential actuarial, technical, management, communication, and leadership skills you need to succeed. The Actuarial Development Program includes a series of rotations, typically every 18-24 months. For each rotation, roles are available in different business areas including Life and Annuities, Retirement and Group Protection. Experience gained will enable participants to become well-rounded actuaries with knowledge that may include Product Development, Pricing, Valuation, Modeling, Risk Management, Asset Liability Management, Investments, Data Analytics, and Internal Audit. ADP participants are expected to pass the Society of Actuaries’ exams at a prescribed pace. The program is designed to support you as you work towards your FSA and provide the training and resources necessary to become a well-rounded actuarial leader. Additional Program Highlights: Highly competitive compensation package with salary increases and bonuses upon successful exam completion, Social and training opportunities to enhance skills, network with ADP participants and build long-lasting industry relationships, Dedicated leaders and mentors to assist with career development, Work with actuarial and data science software and technologies including MG-ALFA, Axis, Prophet, Dataiku, R, and Tableau, Generous study time allowances for each exam session, Payment and/or reimbursement of actuarial exam fees, materials, review courses, and seminars taken during the program. As an Actuarial Analyst II on the Life Financial Projections team in the Life Chief Actuary department, you will play a significant role in helping shape the future of modeling the company’s life insurance products for a variety of purposes.

Requirements

Minimum of 4 actuarial exams passed
1 to 4+ years of actuarial experience
1 prior actuarial rotation
General life insurance product knowledge
Understanding of income statements, balance sheets, and financial projections
Ability to adapt to shifting priorities and meet firm deadlines
Strong technical and problem-solving skills, detail-oriented
Strong written and verbal communication skills

Nice To Haves

Experience with actuarial modeling software, particularly MG-ALFA/Integrate
Experience working with business intelligence tools (e.g., Dataiku, Tableau)
Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
Experience with artificial intelligence tools (e.g., Copilot, Claude)
History of innovation and process improvement

Responsibilities

Provide support producing cash flow model projections used for asset adequacy testing, asset liability management, duration targets, other ad hoc internal needs
Perform data analysis and calculations for consistency and reasonableness to support broader actuarial deliverables
Ensure model accuracy by performing static and dynamic validations
Support preparation of regulatory reports, such as the actuarial opinion and memorandum
Develop familiarity with Lincoln’s portfolio of life insurance products and reinsurance arrangements
Introduce and encourage innovation, improvements, and efficiencies in current processes where possible
Maintain and enhance model control and documentation processes
Collaborate with team members and peers across department functions to assist with problem solving and sharing ideas
Potential to manage a summer intern by providing guidance on projects and fostering professional development