What are the responsibilities and job description for the Associate Actuary, Corporate Valuation Variable Annuities (Remote Consideration) position at Lincoln Financial Group?
What you'll be doing
In this role, you will produce the quarterly and monthly valuations for Lincoln’s variable annuity block of business and develop actuarial, regulatory and modeling expertise.
- Produce statutory reserves and capital results under VM-21 for reporting and Lincoln’s VA hedging program.
- Partner with Market Risk Management to report the VA MRB results under LDTI.
- Develop modeling software expertise in GGY-AXIS for variable annuities and RILA products.
- Build on existing automation efforts within Dataiku and Tableau to increase efficiency, reduce the potential for error and improve presentation of results.
- Collaborate with the Capital Management area to build new tools and processes to gain further insights into VA capital.
- Work cross-functionally with other teams, including Accounting, Financial Planning and Analysis (FP&A), Market Risk Management (MRM), Model Development, Pricing, Audit, ERM, Investments and Capital Management.
What we’re looking for
Application Deadline
Applications for this position will be accepted through March 14th, 2025 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 $103,200-$154,800 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 : $103,200 - $154,800
