Lincoln Financial Group-posted 20 days ago
Full-time • Mid Level
Hybrid • Radnor, PA
5,001-10,000 employees
Insurance Carriers and Related Activities

We have an exciting new role open for an Actuary for the centralized pricing models on the Annuity Solutions team. This individual will play an integral role in developing industry-leading model capabilities and collaborating with key stakeholders to ensure our AXIS pricing models are optimized to deliver on a broad array of critical business needs. These models project liability and asset cash flows and full income statements across the array of annuity products sold by Lincoln. The individual will work with stakeholders to identify and prioritize model enhancements and collaborate with the rest of the Annuity Centralized Pricing Model Development team to implement model enhancements appropriately and efficiently.

  • Develop and execute model updates including (but not limited to) regulatory changes, new products and new product features, assumption unlocking, and ad hoc model improvements as needed in primarily GGY-AXIS based annuity actuarial pricing models.
  • Communicate the timelines, the what and why, and the corresponding estimated financial impacts for model updates.
  • Collaborate on the development of end user pre/post processes and the overall model ease-of-use for the end user.
  • Ensure proper documentation, review, and validation of model developments and enhancements.
  • 5-7+ years of professional actuarial experience
  • Strong understanding/experience with GGY-AXIS software a must
  • Understanding of FIA, FA, RILA and/or VA annuity products
  • Enjoys problem-solving and has a drive to innovate
  • Works well in a team/collaborative environment, while also able to deliver on individual objectives
  • FSA or ASA designation
  • Good communication skills across varying audiences
  • Understanding of Annuity regulatory/accounting/capital frameworks
  • Understanding of capital markets and financial instruments (assets and derivatives) that support Annuity products
  • ALM or Governance experience a plus
  • 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
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