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Actuary, Life Inforce Model Development
Lincoln Financial
Oklahoma City (OK)
Remote
USD 108,000 - 196,000
Full time
Today
Be an early applicant

Job summary

A financial services company is seeking an experienced Actuary for its Life Inforce Model Development team. This remote role involves enhancing actuarial models, collaborating with various teams, and ensuring compliance with regulations. Candidates should have 8+ years of experience and actuarial credentials (FSA). Competitive pay and benefits are offered.

Benefits

Competitive 401K
Leadership development opportunities
PTO/parental leave
Tuition assistance program
Free financial counseling

Qualifications

  • 8+ years of actuarial experience with actuarial credentials (FSA).
  • Experience in actuarial modeling and/or valuation.
  • Strong understanding of regulatory and accounting frameworks.

Responsibilities

  • Develop and maintain Life inforce model for various projects.
  • Collaborate to ensure modeling alignment and support assumption review process.
  • Perform model validation, testing, and documentation.

Skills

Actuarial modeling
Strong analytical skills
Problem-solving skills
Strong communication skills
Process optimization

Education

Fellow of the Society of Actuaries (FSA)

Tools

MG-ALFA
VBA
Python
Tableau
Job description
Overview

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:

Remote: Work at home employee residing outside of a commutable distance to an office location.

Relocation assistance: is not available for this opportunity.

Requisition #: 74686

The Role at a Glance

As an Actuary of the Life Inforce Model Development team, you will be involved in various model development projects to enhance and refine the inforce model that is used in the Life business unit for purposes of valuation, projections, financial planning, and strategic projects. The team plays a critical role in ensuring model accuracy, regulatory compliance, and alignment with company strategy. This position will also provide a great opportunity to optimize modeling process to improve efficiency, accuracy and scalability across the life business. 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.

Responsibilities
  • Develop, enhance, and maintain Life inforce model for valuation, projections, financial planning and strategic projects
  • Collaborate with pricing, valuation, and inforce management to ensure modeling alignment on the new product implementation across functions.
  • Support the annual assumption review process, including assumption development and implementation in life inforce model, and conducting sensitivity and impact testing.
  • Perform model validation, testing, and documentation in accordance with model governance policies.
  • Contribute to the automation of model runs and reporting processes.
  • Support model implementation in production systems and ensure proper handover to relevant teams.
  • Communicate modeling results and insights to both actuarial and non-actuarial stakeholders.
Qualifications

Must have: 8+ years of actuarial experience with actuarial credentials (FSA)

  • Experience in actuarial modeling and/or valuation experience in MG-ALFA
  • Experience with VBA, Python, or other programming languages preferred
  • Experience in process optimization within actuarial modeling is a plus
  • Strong understanding of regulatory and accounting frameworks (Stat/GAAP/Tax/RBC)
  • Substantial life product knowledge and general insurance business knowledge
  • Strong analytical and problem-solving skills
  • 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 October 31st, 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
  • Competitive 401K and employee benefits (https://www.lincolnfinancial.com/public/aboutus/careers/lifeatlincoln#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

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 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 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.

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* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.

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