Actuary, Variable Annuity & RILA Valuation

Lincoln Financial•Radnor, PA

2d•Hybrid

About The Position

In this role, you will produce the quarterly and monthly valuations for Lincoln’s variable annuities and RILA blocks of business, and partner with internal stakeholders to analyze and gain insights into results. You will also provide support to various actuarial modernization and automation projects.

Requirements

4 Year/Bachelor’s degree (or equivalent) (Minimum Required)
7+ years of actuarial experience with actuarial credentials (FSA or ASA with additional years of experience)
AXIS modeling experience required
Substantial experience with annuity products
Demonstrated accountability
Strong execution and time management skills
Driven and motivated to produce high quality work and meet reporting deadlines
Self-starter with ability to work independently

Responsibilities

Produce statutory reserves and capital results under VM-21 for financial reporting and Lincoln’s variable annuity hedging program.
Develop modeling software expertise in GGY-AXIS for variable annuities and RILA products.
Build on existing automation efforts within Dataiku, Tableau and Appian to increase efficiency, reduce the potential for error and improve presentation of results.
Collaborate with the Capital Management and FP&A teams to build new tools and processes to gain further insights into VA capital.
Work cross-functionally with other teams, including Accounting, Financial Planning and Analysis (FP&A), Market Risk Management (MRM), Model Development, Pricing, Audit, ERM, Investments, Capital Management, and the Qualified Actuary team.