Actuarial Process Steward (Remote Consideration)

Lincoln Financial Group; Radnor (Delaware County); Remote; USD 108,000 - 196,000; Full time

Job summary

An established industry player is seeking an Actuarial Process Steward to enhance technology solutions for valuation. This role involves collaborating with various teams to improve financial reporting and data warehousing while ensuring compliance with regulatory standards. The ideal candidate will possess a strong analytical background and experience in actuarial science, with a focus on automation and efficiency. Join a company that values innovation and offers a supportive work environment, where you can grow your career while making a meaningful impact on customers' lives.

Benefits

Tuition assistance program

Free financial counseling

Health coaching

Employee assistance program

Leadership development opportunities

Flexible work hybrid situations

Effective productivity tools

Qualifications

• 5-7 years of relevant experience in actuarial roles.
• Strong analytical skills and ability to learn new concepts quickly.

Responsibilities

• Assist in design and maintenance of technology solutions for valuation.
• Collaborate with stakeholders to implement efficient data solutions.

Skills

Interpersonal Skills

Curiosity

Analytical Skills

Education

Undergraduate degree in Actuarial Science

Degree in Applied Mathematics

Degree in Statistics

Degree in Economics

Degree in Computer Science

Degree in Data Science

Degree in Data Analytics

Tools

SQL Server

Dataiku

Tableau

SAS

MS Access

MS Excel

ALFA/Integrate

Job description

Be Aware of Fraudulent Recruiting Activities: 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 [e-mail] if you encounter a recruiter or see a job opportunity that seems suspicious.

Actuarial Process Steward (Remote Consideration)

Alternate Locations: Radnor, PA; Charlotte, NC; Fort Wayne, IN; Greensboro, NC; Hartford, CT; Omaha, NE; Work from Home

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 #: 74457

The Role at a Glance

This position will assist in the design, implementation and maintenance of new and existing technology solutions for the life production valuation team. S/he will aid in developing data & analytics requirements for solutions to improve data warehousing, financial reporting, reserve analytics, and various automation efforts. S/he will also develop a detailed understanding of the various administration systems, modelling systems and reporting tools to help design a long-term solution for all valuation data needs. This position provides a broad range of experiences and responsibilities, allowing for growth.

What you'll be doing

Actuarial Process Steward

• Gain in-depth knowledge of monthly, quarterly and annual valuation production duties for GAAP, Stat and Tax for all Life products, including business valued under PBR Stat requirements and LDTI GAAP accounting standards.
• Assist in maintaining and improving financial reporting controls and governance structures.
• Participate in requests with auditors, consultants, and other external audiences on the topics of reserving and financial reporting methods.
• Maintain existing reporting processes as new requirements arise due to financial transactions, reinsurance deals or changes in regulatory requirements.
• Review existing processes looking for improvements or corrections and evaluate efficient remediation.
• Demonstrate new capabilities for improvements with proof-of-concept builds.
• Partner with stakeholders including valuation and modeling actuaries and developers including IT and consulting resources to implement more efficient/robust data solutions.
• Help reduce manual deliverables by transitioning to more automated solutions.
• Increase transparency, efficiency, and governance of processes by maintaining robust process and production documentation.
• Upskill team members with emerging technology tools.

What we’re looking for

Must-haves:

• Undergraduate degree in Actuarial Science, Applied Mathematics, Statistics, Economics, Computer Science, Data Science or Data Analytics or other quantitative major.
• 5-7+ Years’ experience that aligns with the specific responsibilities for this position.

Nice-to-haves:

• FSA designation or ASA designation with additional years of actuarial experience.
• Demonstrates strong interpersonal skills with a collaborative style.
• Curiosity and demonstrated capability to quickly learn new concepts.
• Experience with SQL Server, Dataiku, Tableau, SAS, MSAccess, MSExcel, ALFA/Integrate.

Application Deadline

Applications for this position will be accepted through June 15th, 2025 subject to earlier closure due to applicant volume.

What’s it like to work here?

At Lincoln Financial Group, 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 Lincoln leadership Attribute.
• Leadership development and virtual training opportunities.
• Free financial counseling, health coaching and employee assistance program.
• Tuition assistance program.
• A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations.
• 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.

About The Company

Lincoln Financial Group helps people to plan, protect and retire with confidence. As of Dec. 31, 2023, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection and retirement plan services. As of December 31, 2023, the company had $295 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. Learn more at LincolnFinancial.com.

Lincoln is committed to creating a diverse and 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.