Associate Actuarial Analyst, Valuation
About The Position
The Actuarial Development Program (ADP) at Lincoln Financial Group is an industry-leading program designed to cultivate highly qualified business leaders. As an ADP participant, you will explore your interests while developing essential actuarial, technical, management, communication, and leadership skills. The program includes rotations in different business areas such as Life and Annuities, Retirement, and Group Protection, typically every 18-24 months. Experience gained will provide well-rounded actuarial knowledge in areas like Product Development, Pricing, Reinsurance, Inforce Management, Valuation, Financial Projections, Risk Management, Financial Planning & Analysis, Financial Strategy & Management, Appointed Actuary, Experience Studies, Modeling, Data Analytics & Actuarial Transformation. ADP participants are expected to pass Society of Actuaries’ exams at a prescribed pace, with the program offering support, training, and resources to become a well-rounded actuarial leader. This specific role is for an Associate Actuarial Analyst in Traditional Life Valuation.
Requirements
- Minimum of 1 actuarial exams passed
- 1-2 years of actuarial experience
- Strong technical skills
- Strong communication and problem-solving skills
- Ability to quickly learn and apply new skills and information
- Proficiency in Microsoft Office Suite Products
- Attention to detail and ability to check your own work.
- Organized, with a respect for deadlines (especially during Quarter End months)
- Strong in execution; with ability to follow procedures and update documentation where/when needed.
- Team player with strong relationship and communication skills
Nice To Haves
- Product knowledge is a plus
Responsibilities
- Financial Reporting: Quarter End & Year End financial reporting of Traditional Life reserves and analysis of the results.
- Process improvement: identify, implement, and document improvements to quarter end and year end processes.
- Documentation: Maintain and improve current process documentation, with the goal of training and passing off responsibilities to a successor upon rotation.
- Ad hoc Analysis: investigation into financial items requested by upper management.
- Development Opportunities: Exposure to actuarial software (i.e. Triton) and other useful programs (i.e. SQL Server, Tableau, Tableau Prep, etc.). Gain industry knowledge of financial reporting and regulations (i.e. LDTI, PBR, etc.). Participate in projects to develop various skills important to an actuary. This role offers increased exposure to the work of a Life Valuation Actuary, with different responsibilities in each of the two years on the team.
Benefits
- 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, Triton, 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
- 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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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
