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Associate Actuary, Annuity Model Development

Lincoln Financial

Associate Actuary, Annuity Model Development

Radnor, Pennsylvania, United States · Hybrid · 2w ago

Salary
$95k - $152k
Experience
3+ Years

Role Summary

Role type

Model-building individual contributor

Closer to a modelling-heavy IC role than a student programme—the immediate assignment is a defined model-development seat, despite the broader ADP rotations.

Associate-level Life actuarial model development role for individual annuities, based in Radnor, Pennsylvania, with hybrid work. You’ll develop and test AXIS fixed and fixed index annuity models supporting valuation, ALM, capital, and financial projections. The role sits within Lincoln’s Actuarial Development Program, which includes rotations, structured exam support, and exposure to several actuarial functions.

Requirements

Must have

  • 3-6+ years of actuarial experience
  • Experience with Life and/or Annuity products
  • Actuarial modeling and/or valuation experience
  • Effective communication skills
  • Works well in a team environment

Strongly preferred

  • Preferably in GGY-AXIS or comparable actuarial modeling software
  • Expected to pass SOA exams at a prescribed pace

Nice to have

  • ASA designation from Society of Actuaries
  • Familiarity with regulatory/accounting/capital frameworks (STAT/GAAP/Tax, CFT/ALM/RBC, Bermuda BEL)
  • Experience pricing annuity products and/or working on Cash Flow Testing, Financial Plan, and ALM projections
  • Competency with Python, SQL, and/or Excel VBA
  • Experience working with business intelligence tools (e.g. Tableau)
  • History of innovation and process improvement

Skills & Domain

ToolsExcelTableau
DomainLife and/or Annuity productsActuarial modeling and/or valuationGGY-AXIS or comparable modeling software

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