Lead Actuary, Life Reinsurance
About The Position
The Lead Actuary on Lincoln Financial’s Life Reinsurance team supports traditional and complex reinsurance initiatives across Life Solutions. The role combines life product expertise with reinsurance structuring and analytics to manage existing inforce arrangements and execute and implement new reinsurance solutions. The Lead Actuary partners with external reinsurers and internal stakeholders to develop cost-effective reinsurance programs aligned with Lincoln’s reinsurance strategy. The position is hybrid, with the employee working three days a week in a Lincoln office. Listed locations are Radnor, Pennsylvania; Charlotte and Greensboro, North Carolina; Fort Wayne, Indiana; Hartford, Connecticut; and Omaha, Nebraska. Relocation assistance is not available.
Requirements
- 5–7+ years of actuarial science experience directly aligned with the responsibilities.
- Actuarial credentials: FSA, or ASA with additional years of experience.
- Bachelor’s degree or at least four years of comparable work experience.
- Proficiency in SAS, SQL, and Excel VBA.
- Life product knowledge and reinsurance business knowledge.
Nice To Haves
- Experience with Python, Tableau, Dataiku, and Oracle SQL databases.
- Familiarity with reinsurance-related regulatory, reserving, and capital frameworks.
Responsibilities
- Partner with Pricing and Product Development to understand new product features and changes and explain their reinsurance implications to reinsurers.
- Connect internal teams with reinsurer expertise on products emerging in the marketplace.
- Analyze reinsurance structures and retention usage to identify cost-effective solutions consistent with Lincoln’s reinsurance strategy.
- Develop and present recommendations to senior management and influence decisions on reinsurance solutions.
- Build and enhance reinsurance reporting and analytics using enterprise tools.
- Maintain actuarial models and analytical tools, ensuring accuracy, efficiency, and documentation consistent with model governance standards.
- Identify improvement opportunities and develop tools for business relationship managers and other stakeholders.
- Build and maintain trusted relationships with reinsurance partners for inforce arrangements and new business solutions.
- Respond to reinsurer inquiries and communicate product updates using product knowledge and an understanding of risk from the reinsurer’s perspective.
- Serve as the reinsurance subject matter expert for internal stakeholders, helping assess, select, and recommend solutions that meet business goals.
- Lead cross-department reinsurance projects, managing scope, timelines, and stakeholder communication.
- Review the work of and mentor other actuaries and analysts on the team.
Benefits
- PTO and parental leave.
- Competitive 401(k) and employee benefits.
- Free financial counseling, health coaching, and employee assistance program.
- Tuition assistance program.
- Leadership development and virtual training opportunities.
- Clearly defined career tracks and job levels, along with associated behaviors for Lincoln’s core values and leadership attributes.
- Work arrangements designed to accommodate employees.
- Productivity and technology tools and training.
- The role may be eligible for the discretionary Annual Incentive Program and other rewards, including long-term incentives and sales incentives.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
