Lead Actuary, Life Strategic Model Development

Lincoln Financial • Radnor, PA

1d • $120,375 - $192,600 • Hybrid

About The Position

As a Lead Actuary, Life Strategic Modeling, you will support special modeling projects for Lincoln’s life insurance portfolio. The role focuses on developing and improving financial modeling processes, supporting strategic and reinsurance initiatives, and updating life insurance assumptions. The employee will work three days a week in a Lincoln office under a hybrid arrangement. Relocation assistance is not available.

Requirements

• 5–7 or more years of actuarial experience.
• Actuarial credentials: FSA, or ASA with additional years of experience.
• Prior knowledge of cashflow testing or modeling financial projections in Axis, MG-ALFA/Integrate, or similar projection software.
• Strong verbal and written communication skills.
• Excellent organization and documentation of work product.
• Ability to adapt and switch between projects as priorities change.
• Proficiency with Microsoft Office Suite, including Word, Excel, PowerPoint, and Outlook.
• Knowledge of life products.

Nice To Haves

• Complex model development experience within MG-ALFA/Integrate.
• Principles-Based Reserving and/or GAAP LDTI experience.

Responsibilities

• Work within MG-ALFA/Integrate to improve processes and financial projections.
• Design specialized solutions supporting valuation, projections, reinsurance, modeling efficiency, and strategic projects.
• Support complex reinsurance agreements to improve capital management and drive company strategy.
• Perform profitability analyses of inforce blocks at various levels of detail to identify capital management opportunities.
• Review complex model changes.
• Support annual updates to life insurance assumptions, including experience studies and dynamic model validation.
• Make process and documentation improvements.
• Communicate methodologies and results to stakeholders through presentations and documentation.

Benefits

• Paid time off and parental leave.
• Competitive 401(k) and employee benefits.
• Free financial counseling, health coaching, and employee assistance program.
• Tuition assistance program.
• Annual Incentive Program eligibility, which is discretionary and based on company, business unit, and individual performance.
• Other rewards may include long-term incentives and sales incentives.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed