Demo

Actuary, Annuity Model Development (Remote Consideration)

Lincoln Financial Group
Hartford, CT Remote Full Time
POSTED ON 3/4/2025
AVAILABLE BEFORE 5/11/2025

What you'll be doing

  • 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

What we’re looking for

Must have :

  • 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)
  • Nice to have :

  • Competency with R, Python, SQL, and / or Excel VBA
  • Experience working with business intelligence tools ( Tableau)
  • History of innovation and process improvement
  • Experience pricing annuity products and / or working on Cash Flow Testing, Financial Plan, and ALM projections
  • Application Deadline

    Applications for this position will be accepted through April 1st, subject to earlier closure due to applicant volume.

    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 :

    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

    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

    The pay range for this position is $93,300 - $169,700 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln’s total rewards package for employees. In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual. Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package.

    Salary : $93,300 - $169,700

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