Actuary - Annuity Model Development

March 11

🦌 Connecticut – Remote

Although this job is listed in Connecticut, this company may be open to hiring remote in other states.

🌾 Nebraska – Remote

Although this job is listed in Nebraska, this company may be open to hiring remote in other states.

+2 more states

🦌 Connecticut – Remote 🌾 Nebraska – Remote 🌲 North Carolina – Remote 🔔 Pennsylvania – Remote

💵 $93.3k - $169.7k / year

⏰ Full Time

🟠 Senior

🔴 Lead

📊 Actuary

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Lincoln Financial

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Lincoln Financial is an organization dedicated to protecting the privacy and security of its job applicants. It actively informs candidates about potential recruitment scams and outlines its robust hiring procedures, making clear that they do not request sensitive personal information during the application process. The company offers a diverse range of career opportunities across various fields including actuarial, finance, legal, and customer service, and is committed to maintaining equal employment opportunities.

Retirement Solutions • Life and Annuities • Group Protection

10,000+ employees

Founded 1905

💸 Finance

👥 HR Tech

📋 Description

• Help in leading the development of models to support critical business processes, including Stat, GAAP, and Tax Reserve reporting, Asset Adequacy Testing, Asset/Liability Management, Financial Plan and Economic Capital projections. • Gain a thorough understanding of existing models and their applications. • Make recommendations to improve future models and deliver on the execution of those improvements. • Collaborate on the development of end user tools to support model validation and analysis. • Ensure proper documentation, review, and validation of model developments and enhancements. • Assist with the process of the Annuity Model Development team taking ownership of Annuity models currently being converted from MG-ALFA to Moody’s AXIS

🎯 Requirements

• Actuarial modeling and/or valuation experience in GGY-AXIS • 7-10 years of actuarial experience • Substantial experience with annuity products • Strong understanding of regulatory/accounting/capital frameworks (STAT/GAAP/Tax, RBC, EC) • Understanding of capital markets and financial instruments (assets and derivatives) that support Annuity products • Excellent communication skills • Works well in a team environment • FSA designation (preferred) or ASA designation (required) • Competency with R, Python, SQL, and/or Excel VBA (nice to have) • Experience working with business intelligence tools (e.g. Tableau) (nice to have) • History of innovation and process improvement (nice to have) • Experience pricing annuity products and/or working on Cash Flow Testing, Financial Plan, and ALM projections (nice to have)

🏖️ Benefits

• Clearly defined career tracks and job levels, along with associated behaviors for each Lincoln leadership Attribute. • 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 • A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations • Effective productivity/technology tools and training