Experienced Actuary, Advanced Analytics and Modeling Solutions Specialist - Annuity and Life Insurance Products Development and Risk Management

Introduction to Lincoln Financial Group

Lincoln Financial Group, a Fortune 200 company, is a leading provider of financial services and solutions that empower Americans to take charge of their financial lives with confidence. With a rich history and a strong commitment to its customers, Lincoln Financial Group has established itself as a trusted name in the industry. Our core business areas - Life Insurance, Annuities, Retirement Plan Services, and Group Protection - focus on supporting, preserving, and enhancing over 17 million customers' lifestyles and retirement outcomes.

Job Overview

We are seeking an experienced Actuary, Advanced Analytics and Modeling Solutions Specialist to join our team in Hartford, CT. As a key member of our Annuity Solutions team, you will play a critical role in driving the success of our business by providing advanced analytics and modeling solutions to support our annuity and life insurance products. This is an exceptional opportunity for a talented and motivated individual to join a dynamic team and contribute to the development of innovative solutions that meet the evolving needs of our customers.

Key Responsibilities

• Design and implement innovative modeling solutions to evaluate key drivers and impacts to profitability and risk metrics for deeper insights
• Communicate results to stakeholders, serve as a subject matter expert, and provide thought leadership on actuarial and risk management issues
• Elevate analytics bench strength, drive efficiency, and minimize model risk through continuous improvement in our infrastructure and processes
• Lead analyses relating to changes in investment options, hedging strategies, regulatory/accounting requirements, various assumptions, and more
• Partner across teams to advance hedge strategies, especially with Indexed VA (or RILA)
• Develop subject matter expertise in our pricing models, capital market and actuarial assumptions, and advise stakeholders on modeling and risk issues
• Provide thought leadership and insights on Distributable Earnings impact from product changes, regulatory changes, and different capital standards
• Support Life insurance capital market analytics and provide modeling subject matter expertise as opportunities arise
• Support enterprise long-term strategy of increasing distributable earnings and diversifying sources of earnings

Essential Qualifications

• 7+ years of actuarial experience (typically FSA designation)
• Substantial experience in actuarial modeling of annuity or life products
• Strong understanding of regulatory/accounting/capital frameworks (STAT/GAAP/Tax, RBC, EC)
• Solid foundation of capital markets and financial instruments (assets and derivatives)
• Demonstrated success in balancing and pivoting across projects with shifting priorities
• Strong relationship management skills and collaboration experience across functional areas
• Commitment to continuous learning

Preferred Qualifications

• Experience in advanced modeling/analytics, financial engineering, and market risk analysis
• Competency with R, Python, SQL, Excel VBA, Tableau
• Demonstrated ability to identify, develop, and implement process improvements
• Demonstrated success in providing strategic and holistic thought leadership
• Demonstrated ability to promote continuous improvement practices and collaborations

Career Growth Opportunities and Learning Benefits

At Lincoln Financial Group, we are committed to helping our employees grow and develop in their careers. As an Actuary, Advanced Analytics and Modeling Solutions Specialist, you will have access to a range of learning and development opportunities, including:

• A clearly defined career framework to help you successfully manage your career
• Leadership development and virtual training opportunities
• Tuition assistance program
• Opportunities to work on high-visibility projects and collaborate with senior management

Work Environment and Company Culture

At Lincoln Financial Group, we value our employees and are committed to creating a positive and inclusive work environment. Our company culture is built on a foundation of respect, integrity, and teamwork, and we strive to create an environment where everyone feels valued and supported. As an employee, you can expect:

• A dynamic and collaborative work environment
• A range of employee benefits, including PTO, parental leave, and free financial counseling
• A leadership team that prioritizes your health and well-being
• Opportunities to get involved in community service and volunteer work

Compensation, Perks, and Benefits

We offer a competitive salary and benefits package, including:

• A salary range of $102,301 - $184,500 per year
• A range of employee benefits, including health insurance, retirement savings, and paid time off
• Opportunities for professional development and career advancement
• A dynamic and collaborative work environment

Conclusion

If you are a motivated and talented individual with a passion for actuarial science and advanced analytics, we encourage you to apply for this exciting opportunity. As an Actuary, Advanced Analytics and Modeling Solutions Specialist at Lincoln Financial Group, you will have the chance to work on challenging projects, collaborate with experienced professionals, and contribute to the success of our business. Don't miss out on this opportunity to take your career to the next level and apply today!

How to Apply

To apply for this role, please submit your application through our website. We look forward to hearing from you!