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What you'll be doing
LF
Lincoln Financial
Lead Actuary, Variable Annuity & RILA Valuation
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Based on Pennsylvania data
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What they do
An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.
$127,871 / year median in Pennsylvania
-4% projected decline
Job Description
Alternate Locations:
Work from Home; Charlotte, NC (North Carolina); Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Hartford, CT (Connecticut); Omaha, NE (Nebraska); Radnor, PA (Pennsylvania)Work Arrangement:
Hybrid :
Employee will work 3 days a week in a Lincoln office Relocation assistance: is not available for this opportunity. Requisition #: 76034 The Role at a Glance In this role, you will produce the quarterly and monthly valuations for Lincoln's variable annuities and RILA blocks of business, and partner with internal stakeholders to analyze and gain insights into results. You will also provide support to various actuarial modernization and automation projects.What you'll be doing
- Produce statutory reserves and capital results under VM-21 for financial reporting and Lincoln's variable annuity hedging program.
- Develop modeling software expertise in
GGY-AXIS
for variable annuities and RILA products.- Build on existing automation efforts within Dataiku, Tableau and Appian to increase efficiency, reduce the potential for error and improve presentation of results.
- Collaborate with the Capital Management and FP&A teams to build new tools and processes to gain further insights into VA capital.
- Work cross-functionally with other teams, including Accounting, Financial Planning and Analysis (FP&A), Market Risk Management (MRM), Model Development, Pricing, Audit, ERM, Investments, Capital Management, and the Qualified Actuary team.
- 4 Year/Bachelor's degree (or equivalent) (Minimum Required)
- 7+ years of actuarial experience with actuarial credentials (FSA or ASA with additional years of experience)
- AXIS modeling experience required
- Substantial experience with annuity products
- Demonstrated accountability
- Strong execution and time management skills
- Driven and motivated to produce high quality work and meet reporting deadlines
- Self-starter with ability to work independentlyApplication Deadline Applications for this position will be accepted through October 20th, 2026 subject to earlier closure due to applicant volume.