Sr. Associate Actuary, Group Product Risk & Reinsurance

Date: Feb 10, 2024

Primary Location: Omaha, NE, US

Company: Lincoln Financial

Alternate Locations: Work from Home; Boston, MA (Massachusetts); Charlotte, NC (North Carolina); Dover, NH (New Hampshire); Fort Wayne, IN (Indiana); Hartford, CT (Connecticut); Omaha, NE (Nebraska)

 

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 #: 72670

 

The Role at a Glance

We are excited to bring on a Sr. Associate Actuary, Reinsurance & Risk Management, to our Group Protection business line to work in our remote based office.

As the Sr. Associate Actuary, Reinsurance & Risk Management, you will be responsible for supporting the Enterprise Risk Management (ERM) activities within the Group Protection (GP)business unit. This role is responsible for assisting in the optimization of the Group Life and Health reinsurance and risk management programs for GP. You will collaborate with business partners to provide insightful, value added, and actionable risk analysis and actuarial governance to drive business results.

What you'll be doing

  • Lead the development and completion of actuarial risk evaluations consistent with ERM standards and best practices
  • Lead the oversight of various actuarial governance initiatives such as peer reviews and model governance
  • Partner with leaders and peers within product development, pricing, underwriting, valuation, finance and Corporate ERM to help achieve business objectives
  • Identify and direct the implementation of process and risk evaluation improvements that significantly improve the quality of risk management initiatives
  • Analyze and provide direction on Group Life and Health reinsurance programs to ensure that reinsurance arrangements offer competitive, industry leading solutions and are implemented appropriately
  • Partner with internal and external business partners to support the development of reinsurance Requests for Proposals (RFP) and/or treaty changes, as needed
  • Provide subject matter expertise to team members and internal/external stakeholders for areas under your responsibility
  • Organize findings in a clear, systematic fashion and present actuarial recommendations to various levels of management and other stakeholders
  • Potential to work alongside and mentor a rotating student on the team

What we’re looking for

Must-haves:

  • 5-7+ years of increasing experience in Actuarial positions that directly align with the specific responsibilities of the position
  • Strong analytical and problem-solving skills
  • Ability to think critically, identify potential challenges, discuss solutions, and validateresults
  • Work with a sense of urgency while maintaining appropriate attention to detail andaccuracy
  • Effective verbal and written communication skills
  • FSA designation or ASA designation with additional years of experience

Nice-to-haves:

  • Experience and/or proficiency in reinsurance or risk management is preferred
  • Experience and/or proficiency with group insurance is preferred

 

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:

  • A clearly defined career framework to help you successfully manage your career

  • Leadership development and virtual training opportunities

  • PTO/parental leave

  • Competitive 401K and employee benefits

  • 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

 

Pay Range: $102,301 - $184,500 

 

Actual base pay could vary 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 Group helps people to plan, protect and retire with confidence. As of Dec. 31, 2022, approximately 16 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection and retirement plan services. As of September 30, 2023, the company had $290 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. 

 

Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com

 

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 (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 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/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial Group are considered property of Lincoln Financial Group and are not subject to payment of agency fees.

 

Lincoln Financial Group (“LFG”) 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 (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, Veteran status, or genetic information.  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.

Este Empleador Participa en E-Verify. Ver el E-Verify avisos. 


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Nearest Secondary Market: Council Bluffs

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