Actuary, Life Inforce Model Governance Job at Lincoln Financial, Radnor, PA

L2QzVm56NjB5Ui9acFNEMXVlM3NmRi9uaHc9PQ==
  • Lincoln Financial
  • Radnor, PA

Job Description

Alternate Locations: Radnor, PA (Pennsylvania); Charlotte, NC (North Carolina); Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Hartford, CT (Connecticut); Omaha, NE (Nebraska)

 

Work Arrangement:

Hybrid Preferred : Preferred employee will work 3 days a week in a Lincoln office

 

Relocation assistance:  is not available for this opportunity.

 

Requisition #:  74740

 

The Role at a Glance

As an Actuary of the Life Inforce Model Governance and Stewardship team, you will perform comprehensive reviews of various models used in the Life business unit for purposes of valuation, projections, financial planning, and strategic projects. The focus of this team is to deliver insightful, value-adding, actionable model risk analytics and governance to drive business results.

 

This position will also provide a great opportunity to positively impact decision making by refining the models used for long-term strategic plan. The individual will work with other teams to improve the understanding of the true shape of inforce capital generation to uncover key business insight for management.

What you'll be doing

  • Working with cross-functional team to identify and understand required changes to ALFA life models
  • Provide detailed checks of model validations performed by the model development team to ensure robust documentation of the reviews.
  • Perform an independent comprehensive model validation for key model changes including key data inputs, assumptions, and model calculation by updating Microsoft Excel model validation tools.
  • Develop and implement automation strategies to enhance existing validation tools, creating efficient, repeatable and scalable processes.
  • Engage with model developers and other stakeholders to communicate model review findings and develop appropriate solutions.
  • Identify and recommend process improvements that significantly reduce workload or enhance quality across the team
  • Review financial projection model used for long-term strategic plan, identify & research issues in models, and provide solutions.

What we’re looking for

Must have:

  • 7+ years of actuarial experience with actuarial credentials (ASA or FSA)
  • Experience in actuarial modeling and/or valuation experience in MG-ALFA
  • Experience in reviewing and assessing the appropriateness of complex models 
  • Experience with VBA, Python, or other programming languages preferred
  • Strong analytical and problem-solving skills
  • Substantial life product knowledge and general insurance business knowledge
  • Strong understanding of regulatory and accounting frameworks (Stat/GAAP/Tax/RBC)
  • Strong communication and interpersonal skills
  • History of innovation and process improvement

 

Nice to have:

  • Experience working with business intelligence tools (e.g. Tableau)

Application Deadline

Applications for this position will be accepted through September 1st, 2025 subject to earlier closure due to applicant volume.

 

What’s it like to work here?

At Lincoln Financial, 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 of Lincoln's core values and leadership attributes

  • Leadership development and virtual training opportunities

  • PTO/parental leave

  • Free financial counseling, health coaching and employee assistance program

  • Tuition assistance program

  • Work arrangements that work for you

  • Effective productivity/technology tools and training

 

The pay range for this position is $108,501 - $195,900 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.

 

About The Company

Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future. We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services. 

 

With our 120-year track record of expertise and integrity, millions of customers trust our solutions and service to help put their goals in reach. 

 

Lincoln Financial Distributors, a broker-dealer, is the wholesale distribution organization of Lincoln Financial. Lincoln Financial is the marketing name for Lincoln Financial Corporation and its affiliates including The Lincoln National Life Insurance Company, Fort Wayne, IN, and Lincoln Life & Annuity Company of New York, Syracuse, NY. Lincoln Financial affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice. 

 

Lincoln is committed to creating an 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. 

 

Follow us on Facebook , X , LinkedIn ,  Instagram , and YouTube . For the latest company news, visit our newsroom . 

 

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 fraudhotline@lfg.com if you encounter a recruiter or see a job opportunity that seems suspicious.

 

Additional Information

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 or candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial are considered property of Lincoln Financial and are not subject to payment of agency fees.

 

Lincoln Financial ("Lincoln" or "the Company") 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, age, national origin or disability. Opportunities throughout Lincoln are available to employees and 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/TDD assistance, contact us by calling 260-455-2558.

 

This Employer Participates in E-Verify. See the E-Verify notices.

Este Empleador Participa en E-Verify. Ver el E-Verify avisos. 

Job Tags

Work experience placement, Remote job, Relocation package, 3 days per week,

Similar Jobs

University of California, Irvine

Clinical Research Coordinator Assistant Job at University of California, Irvine

 ...known for its academic achievement, premier research, innovation and anteater mascot. Led by...  ...research, providing the highest quality clinical education and delivering state-of-the-...  ...staff. Your Role on the Team The Assistant Clinical Coordinator works in the Intelligent... 

Winona Foods

Machine Operator - 3rd Shift Job at Winona Foods

 ...Job Details: ~ Full-time ~ Competitive pay - NEW WAGES!~3rd Shift available(Monday through Friday with occasional overtime on Saturdays)~ Department: Production ~ Job Location: Green Bay, WI ~ Work/Life Balance ~ Newly created machine operator levels... 

Consultative Search Group

Senior Internal Auditor Job at Consultative Search Group

 ...Job description: A prestigious investment management firm seeks a Senior Internal Auditor to join their dynamic team. In this position you will be responsible for conducting operational, financial, and regulatory internal audits (no SOX testing). The following statements... 

Hyundai Autoever America

10827 - Intern - Software Engineer Job at Hyundai Autoever America

 ...Costa Mesa, depending on business unit) will be running a 12-week internship program from 06/24/2025 to 09/12/2025. Interns will be...  ...deployment. Basic Requirements : ~ Basic knowledge of software development lifecycle~ Willingness to learn and take on new... 

Jobot

TLL Certified Heavy Equipment Operator Job at Jobot

 ...preparing students for careers in heavy equipment operation and safety. Through hands-on instruction and industry-aligned programs,...  ...the practical skills and certifications needed to succeed in construction and related fields. Why join us? Becoming an adjunct...