Lincoln Financial

Actuary, Annuity Model Development

Lincoln Financial

full-time

Posted on:

Location Type: Hybrid

Location: RadnorConnecticutNew YorkUnited States

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Salary

💰 $108,501 - $195,900 per year

Job Level

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