Lincoln Financial Group-posted 28 days ago
Full-time • Mid Level
Hybrid • Radnor, PA
5,001-10,000 employees
Insurance Carriers and Related Activities

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, Reinsurance, Inforce Management, Valuation, Financial Projections, Risk Management, Financial Planning & Analysis, Financial Strategy & Management, Appointed Actuary, Experience Studies, Modeling and Data Analytics & Actuarial Transformation. 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, 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 As an Associate Actuary on our Valuation Team, you could be responsible for a variety of tasks and learning opportunities such as: Valuation - Perform monthly, quarterly, and annual valuation tasks using ALFA/Triton valuation software. Analyze results for completeness and accuracy. Present results to team members, key business partners, and management. Actuarial/Technical Support - Maintain existing actuarial models and tools, and proactively identify and implement improvements. Develop tools and support product / relationship managers according to business needs. Special Projects - Participate in ad hoc projects related to valuation, such as automation initiatives, modeling updates, unlocking support, and analytic tool build outs. Improve efficiency of technological tools used for statutory reporting (Dataiku) Maintain existing actuarial models/tools, assist with mechanical and conceptual troubleshooting Work with actuarial and data science software and technologies including Dataiku, R, and Tableau Develop, expand, and maintain validation tools such as spreadsheets used to verify model results. Create and maintain proper documentation.

  • Support the group's actuarial initiatives and on-going business needs
  • Complete assigned projects with impactful outputs
  • Build relationships across different business units and actuarial functions
  • Collaborate with actuarial team members
  • Receive coaching and mentorship from senior actuarial team members and leaders
  • Provide coaching to other staff using actuarial knowledge
  • 3-6+ years of actuarial experience
  • At least 7 Actuarial Exams passed; preferably has ASA designation, progressing toward FSA designation
  • 4 Year/Bachelor's degree (or equivalent) in Actuarial Science or Mathematics
  • Strong analytical and problem-solving skills; Independent, motivated, and collaborative
  • Effective written and verbal communication skills
  • Demonstrated commitment to continuous learning and development
  • Familiarity with SQL, SAS, or other coding languages preferred, but not required
  • 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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