Lead Actuary, Life Strategic Model Development

Lincoln Financial Group

Radnor (Delaware County)

Hybrid

USD 120,000 - 193,000

Full time

14 hours ago
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Job summary

Lincoln Financial Group is seeking an experienced actuary for a hybrid role. You will develop models within MG-ALFA/Integrate, support valuation and projections, and drive strategic initiatives in reinsurance and capital management. You will update assumptions, review complex model changes, and communicate methodology to stakeholders.

Relocation assistance is not offered. The ideal candidate has 5-7+ years actuarial experience, FSA or ASA, and proficiency with Axis or MG-ALFA/Integrate, Excel,

Qualifications

  • 5-7+ years actuarial experience.
  • Actuarial credentials: FSA or ASA.
  • Experience with cashflow testing or modeling in Axis, MG-ALFA/Integrate or similar software.

Responsibilities

  • Model Development: within MG-ALFA/Integrate to improve processes and financial projections.
  • Strategic Initiatives: support reinsurance agreements and profitability analysis to identify capital management opportunities.
  • Assumption Updates: support annual life insurance assumption updates and communicate methods to stakeholders.

Skills

Actuarial experience
Strong communication
Organizational skills
Flexibility
MG-ALFA/Integrate modeling
Excel proficiency
Life products knowledge
GAAP LDTI knowledge

Education

FSA or ASA with experience

Tools

MG-ALFA/Integrate
Axis
Excel
PowerPoint
Word

Job description

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  • Radnor, PA (Pennsylvania)

  • Charlotte, NC (North Carolina)

  • Fort Wayne, IN (Indiana)

  • Greensboro, NC (North Carolina)

  • Hartford, CT (Connecticut)

  • Omaha, NE (Nebraska)


Work Arrangement:


Hybrid : Employee will work 3 days a week in a Lincoln office


Relocation assistance: is not available for this opportunity.


What you'll be doing



  • Model Development

    • Work within MG-ALFA/Integrate to improve processes and financial projections

    • Design specialized solutions to support valuation, projections, reinsurance, modeling efficiency, and strategic projects




  • Strategic Initiatives

    • Support complex reinsurance agreements to improve capital management and drive company strategy

    • Perform profitability analysis of inforce blocks at various levels of detail to identify capital management opportunities

    • Review complex model changes




  • Assumption Updates

    • Supporting annual assumption updates to life insurance assumptions including experience studies and dynamic model validation

    • Make innovative improvements to processes and documentation as needed

    • Communicate methodology and results to stakeholders through presentations and documentation




What we’re looking for


  • 5-7+ years of actuarial experience

  • Actuarial credentials (FSA or ASA with additional years of experience)

  • Prior knowledge of cashflow testing or modeling of financial projections in Axis, MG-ALFA/Integrate, or other similar projections software

  • Strong communication skills, both verbal and written

  • Excellent organization and documentation of work product

  • Nimble and flexible, able to quickly switch between projects as priorities change

  • Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)

  • Knowledge of life products

  • Complex model development experience within MG-ALFA/Integrate

  • Principles Based Reserving and/or GAAP LDTI experience


Application Deadline

Applications for this position will be accepted through December 17th, 2026 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 andleadership attributes


Leadership development and virtual training opportunities


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$120,375 - $192,600with 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.


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 (\"Lincoln\" or \"the Company\") is an Equal Opportunity employer and, as such, is commited 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 (866) 922-6543.


Lincoln Financial is an Equal Opportunity employer and 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.


This Employer Participates in E-Verify. See the E-Verify notices.

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