Associate Actuary, Actuarial Development Program (REMOTE)

Alternate Locations: Work from Home Work Arrangement: Work from Home Relocation assistance: is not available for this opportunity. Requisition #: 71028 The Actuarial Development Program 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, Valuation, Modeling, Risk Management, Asset Liability Management, Investments, Data Analytics, and Internal Audit. 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, 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 The Role at a Glance: The Role at a Glance As an Associate Actuary, you will be assigned to one of Lincoln's Actuary departments where you will play an integral role in the function of supporting the group's actuarial responsibilities across multiple lines of business, delivering insightful, value-add, actionable analytics and governance to drive business results. In any actuarial rotational role that you would be placed in, you could be responsible for a variety of tasks and learning opportunities to include: Valuation work + Develop, expand, and maintain validation tools such as external spreadsheets used to verify model results. Create and maintain proper documentation of model changes. + Perform dynamic validation and analyze actual against modeled assumptions Modeling & Assumptions + Developing and analyzing business models to analyze portfolio holdings + Work across the enterprise to gather, validate, and analyze statutory reserves and capital for all holding company entities as part of an emerging international capital framework Pricing & Profitability + Perform pricing analysis using internally developed software, and analyze the pricing results for new/redesigned annuity contract and rider benefits + Conducting asset adequacy and cash flow testing using actuarial software + Creating monthly, quarterly, and annual reserves and financial statements Process improvements + Improve efficiency of technological tools used for asset adequacy testing and statutory reporting (Dataiku) + Build on existing automation efforts with Dataiku and Tableau to increase efficiency, gain insight into the analysis of results, reduce the potential for error, and improve presentation of results Technical Support + Maintain existing actuarial models/tools, assist with mechanical and conceptual troubleshooting + Work with actuarial and data science software and technologies including MG-ALFA, Profit, Dataiku, R, and Tableau Product Development + Developing a new insurance product or re-pricing an existing product based on customer needs Risk Management/Analysis + Partnering with various teams to understand risks posed by new products and developing recommended approaches to reflect risk Reporting and Presentations + Presenting to actuarial and non-actuarial leaders within assumption review committee meetings What you'll be doing + Build relationships across different business units + Collaborate with team members and other actuarial associates + Receive coaching and mentorship from senior actuarial associates and leaders + Support the group's actuarial initiatives and on-going business needs + Complete assigned projects and impactful outputs What we're looking for + 3-6+ years of experience in actuarial science + At least 7 actuarial exams passed; typically has ASA designation, progressing towards FSA designation + Driven, motivated and resourceful problem-solvers with critical thinking skills who are eager to learn, are coachable and committed to the rotational program parameters laid out by Lincoln. What's it like to work here? At Lincoln Financial Group, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future. What's in it for YOU: + A clearly defined career framework to help you successfully manage your career + 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 Work Arrangement Work from Home : Employees will work from home and are not required to work in a Lincoln office on a regular basis. About The Company Lincoln Financial Group, a Fortune 200 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas - Life Insurance, Annuities, Retirement Plan Services and Group Protection - focus on supporting, preserving and enhancing over 17 million customer's lifestyles and retirement outcomes. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $324 billion in end-of-period account values as of June 30, 2021. Ranked one of the Best Large Employers in America and Best Employers for Women by _Forbes_ magazine as well as one of _Newsweek's_ Most Responsible Companies, Lincoln Financial Group makes a serious investment in our employees' futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals. Lincoln is committed to creating a diverse and inclusive (\_page\_id=) environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, we earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index. Follow us on Facebook () , Twitter () , LinkedIn (+financial%2Cidx%3A3-1-3&trk=tyah) , and Instagram () . Sign up for email alerts at Be Aware of Fraudulent Recruiting Activities If you are interested in a career at Lincoln, we encourage you to review our current openings and apply on our website. Lincoln values the privacy and security of every applicant and urges all applicants to diligently protect their sensitive personal information from scams targeting job seekers. These scams can take many forms including fake employment applications, bogus interviews and falsified offer letters. Lincoln will not ask applicants to provide their social security numbers, date of birth, bank account information or other sensitive information in job applications. Additionally, our recruiters do not communicate with applicants through free e-mail accounts (Gmail, Yahoo, Hotmail) or conduct interviews utilizing video chat rooms. We will never ask applicants to provide payment during the hiring process or extend an offer without conducting a phone, live video or in-person interview. Please contact Lincoln's fraud team at if you encounter a recruiter or see a job opportunity that seems suspicious. Additional Information This position may be subject to Lincoln's Political Contribution Policy. An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincoln's current or future business interests, misrepresentations were made . click apply for full job details