Senior Associate Actuarial Analyst, Assumption Governance
About The Position
The Senior Associate Actuarial Analyst, Assumption Governance role owns the review and documentation of assumption proposals, approvals, implementations, and impacts. It provides visibility into the assumptions that drive profitability across the Life business and involves detailed review of model inputs, ad hoc projects, and collaboration across teams. The role is part of Lincoln Financial’s Actuarial Development Program, which offers rotations typically every 18–24 months across business areas such as Life and Annuities, Retirement, and Group Protection. Participants develop actuarial, technical, management, communication, and leadership skills while working toward their FSA. The program provides exam support, training, mentorship, and opportunities to work with actuarial and data science software.
Requirements
- At least four actuarial exams passed.
- 1 to 4+ years of actuarial experience.
- One prior actuarial rotation.
- Working knowledge of MG-ALFA.
- Strong technical skills, including the Microsoft Office suite.
- Self-motivation, high integrity, strong problem-solving skills, and ability to work independently.
- Ability to quickly learn and apply new skills and information.
- Collaborative approach and ability to build effective relationships across teams.
- Strong written and verbal communication skills.
Nice To Haves
- Experience with Tableau, SQL, and Python.
Responsibilities
- Manage and maintain documentation of Life new business assumptions, including regular updates, version control, and documentation of changes.
- Partner with the Pricing team to understand, review, and refine MG-ALFA model input assumptions.
- Coordinate assumption updates with cross-functional teams and confirm the latest approved assumptions are reflected in the assumptions.
- Develop tools and process improvements to make assumption maintenance and validation more efficient and controlled.
- Support ad hoc data analysis and projects as priorities evolve.
Benefits
- Competitive compensation package with salary increases and bonuses upon successful exam completion.
- Social and training opportunities to enhance skills and build industry relationships.
- Dedicated leaders and mentors to assist with career development.
- Generous study time allowances for each exam session.
- Payment and/or reimbursement of actuarial exam fees, materials, review courses, and seminars.
- PTO and parental leave.
- Competitive 401(k) and employee benefits.
- Free financial counseling, health coaching, and employee assistance program.
- Tuition assistance program.
- Work arrangements that work for employees.
- Productivity and technology tools and training.
- Potential eligibility for the 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
Education Level
No Education Listed
