Associate Actuary, Life Valuation

Lincoln Financial•Radnor, PA

19h•Hybrid

About The Position

As an Associate Actuary in the Life Valuation department of the Life Chief Actuary team, you will play a significant role in helping shape the future of life reserving and reporting. This visible role will help guide transformation efforts and lead special projects to enhance the overall financial reporting process.

Requirements

Undergraduate degree in Actuarial Science, Applied Mathematics, Statistics, Economics, Computer Science, Data Science, or other quantitative major
3-6+ Years’ experience that aligns with the responsibilities for this position
At least 7 actuarial exams passed; typically has ASA designation, progressing towards FSA designation
4 Year/Bachelor’s degree (or equivalent) (Minimum Required)
Understanding of income statements, balance sheets, and financial projections
Strong analytical and problem-solving skills
Strong communication and interpersonal skills

Nice To Haves

Proficiency with actuarial modeling software such as MG-ALFA/Integrate
Experience working with business intelligence tools (e.g. Tableau, Dataiku)
History of innovation and process improvement
Advanced proficiency with Microsoft Office Suite (Excel, Word, PowerPoint) and Microsoft SQL Server

Responsibilities

Support the production statutory valuation process for life products (Universal Life, Indexed UL, Variable UL, Combo products).
Lead and work with cross-functional teams to redesign and build new tools and processes which enable production valuation reporting.
Serve as a special project consultant on complex valuation projects related to reinsurance transactions, new product designs and features, and overall strategies.
Maintain knowledge on current and emerging developments/trends including regulatory changes for life valuation, assess the impact, and collaborate with management to incorporate the findings into current and future strategies.
Introduce and encourage innovation, improvements, and efficiencies where possible in the reserving/reporting process.
Collaborate and engage with key business/management stakeholders to provide specialized expertise needed for the development and adoption of key financial decisions and risk management techniques.