Boston, MA, United States
Nov 16, 2022
Alternate Locations: Work from Home
Work Arrangement: Work from Home
Relocation assistance: : is not available for this opportunity.
Pay Range: $111,500 - $241,500
Bonus Potential: 20%
Requisition #: 70766
The Role at a Glance:
In this position you will provide leadership, direction, and functional expertise on Annuity Valuation as part of the Annuity Valuation & Modeling team. You will play an integral role in providing annuity reserving and reporting leadership to support key business objectives. In this role you will also oversee the monitoring of trends in actuarial techniques and transformation, research into laws and regulations applicable to company operations, and partner with management to develop strategies to incorporate them into business solutions.
What you'll be doing:
Reserving & Reporting Leadership:
Provides specialized expertise and thought leadership to internal/external stakeholders for annuity reserve requirements. Maintains knowledge on current and emerging developments/trends including regulatory changes, assesses the impact, and collaborates with management to incorporate new trends and development in current and future strategies.
Collaborates with internal/external stakeholders to identify strategic process improvements that significantly reduce workloads or improve quality. Directs and enhances organizational initiatives by positively influencing and supporting change management.
Partners with a team of professionals regarding analysis of industry evolving topics, including GAAP long duration targeted improvements and principles based reserves/capital. Participates or leads workgroups by evaluating issues and problems of strategic significance.
Collaborates with individuals across key stakeholder groups including Business Unit Finance and Actuarial teams, Market Risk Management, Pricing, and Enterprise Risk Management to develop insights into critical areas of focus in variety of market environments and other drivers of interest.
What we’re looking for:
12 years of actuarial experience
3 years of management or demonstrated leadership experience
Substantial experience with Annuity products (Variable Annuity with/without living benefits, Indexed Variable Annuity, Fixed Indexed Annuity, Fixed Annuity, and Payout Annuity)
Strong understanding of regulatory/accounting/capital frameworks (STAT/GAAP/Tax, RBC, EC)
Understanding of capital markets and financial instruments (assets and derivatives) that support the products we sell
Works well in a team environment
Ability to think critically, identify and solve potential challenges
Excellent oral and written communication skills
Self-starter with ability to work independently
Actuarial modeling and/or valuation experience, preferably in MG-ALFA and GGY AXIS (or comparable actuarial modeling software)
Competency with R, Python, SQL, and/or Excel VBA
Experience working with business intelligence tools (e.g. Tableau)
Familiarity with modern data science approaches
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
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 from Home : Employees will work from home and are not required to work in a Lincoln office on a regular basis.
Lincoln will evaluate the following when setting the successful candidate's wage rate:
• Prior work or industry experience.
• Education level to the extent education is relevant to the position.
• Unique skills
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 **MEMBERS ONLY**SIGN UP NOW***. (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 (**** 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,idx:3-1-3&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.
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, or for failure to fully disclose applicable political contributions and or fundraising activities.
Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial Group are considered property of Lincoln Financial Group and are not subject to payment of agency fees.
Lincoln Financial Group (“LFG”) is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, Veteran status, or genetic information. Applicants are evaluated on the basis of job qualifications. If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/****.
This Employer Participates in E-Verify. See the E-Verify (**** notices.
Este Empleador Participa en E-Verify. Ver el E-Verify (**** avisos.
Lincoln Financial Group (LFG) is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, veterans status, or genetic information. Opportunities throughout LFG are available to employees and applicants and are evaluated on the basis of job qualifications. We have a drug free work environment and we perform pre-employment substance abuse testing.