
Actuary, Annuity Model Development
Lincoln Financial
full-time
Posted on:
Location Type: Hybrid
Location: Radnor • Connecticut • New York • United States
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Salary
💰 $108,501 - $195,900 per year
About the role
- Gain a thorough understanding of the existing AXIS payout annuity model and its applications.
- Take ownership of the payout annuity model, ensuring the accuracy, consistency, and efficiency of model operations and results.
- Help in leading the development of the payout annuity model to support critical business processes, including Stat, GAAP, and Tax Reserve reporting, Asset Adequacy Testing, Asset/Liability Management, Financial Plan and Economic Capital projections.
- 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.
Requirements
- Actuarial modeling and/or valuation experience in GGY-AXIS
- 7-10 years of actuarial experience
- Substantial experience with annuity products
- Significant exposure to regulatory/accounting/capital frameworks (STAT/GAAP/Tax, RBC, EC)
- Understanding of capital markets and financial instruments (assets and derivatives) that support Annuity products
- 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 of Lincoln's core values and leadership attributes
- 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
- Work arrangements that work for you
- Effective productivity/technology tools and training
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
actuarial modelingvaluationannuity productsregulatory frameworksaccounting frameworkscapital frameworkscapital marketsfinancial instrumentsRPython
Soft Skills
ownershipcollaborationinnovationprocess improvement
Certifications
FSAASA