AVP, Annuity Model Development - AXIS (Remote Consideration)

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Date: Mar 31, 2025

Primary Location: Radnor, PA, US

Company: Lincoln Financial

Alternate Locations: Radnor, PA (Pennsylvania); Charlotte, NC (North Carolina); Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Hartford, CT (Connecticut); Omaha, NE (Nebraska); 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 #: 74238

 

The Role at a Glance

We’re excited to bring on an AVP, Annuity Model Development. In this role you will be responsible for leading a team of actuaries to improve and maintain our Annuity and Retirement models used for a variety of purposes including US GAAP, US Statutory and Bermuda reporting, ALM/CFT projections, Pricing, Financial Planning, and financial analysis for enterprise strategic projects.  The individual will be responsible for development and maintenance of AXIS models as well as the planning, execution, and communication of modeling impacts to stakeholders across the company. 

What you'll be doing

  • Lead a team to develop and enhance Annuity product modeling and surrounding processes, and utilize advanced modeling techniques in AXIS
  • Partner with external stakeholder groups including: Valuation Actuary, Appointed Actuary, Qualified Actuary, Finance, Accounting, Audit, Product Development, and Risk Management to implement model changes corresponding to new product features and releases, regulatory requirements, assumption, and model logic updates, etc.
  • Provide technical expertise and leadership overseeing changes to the Centralized Annuity actuarial models
  • Ensure rigorous governance, documentation, and validation/review standards are executed and model changes are appropriately checked and approved
  • Communicate effectively on complex modeling topics to audiences of various levels
  • Influence strategic decision making by providing modeling expertise and thought leadership to senior leadership and peer level stakeholders across the company
  • Introduce and encourage innovation, improvements, and efficiencies in the models and surrounding processes
     

What we’re looking for

Must-have:

  • 12+ years of increasing actuarial experience, including 5+ years of demonstrated leadership experience influencing senior management/critical stakeholders
  • FSA designation or ASA designation with additional years’ actuarial experience
  • Extensive experience with modeling Annuity products (Variable Annuity with/without living benefits, Registered Indexed Linked Variable Annuity (RILA), Fixed Indexed Annuity, Fixed Annuity, and Payout Annuity)
  • Strong understanding of regulatory/accounting/capital frameworks (STAT/GAAP/Tax, LDTI, RBC, EC, etc.) and general insurance business knowledge 
  • Understanding of capital markets and financial instruments (assets and derivatives) that support Annuity products
  • Modeling skills: expert level proficiency in AXIS
  • Demonstrated strong relationship management skills with internal clients (e.g. senior management, peers and colleagues); proven ability to develop creative and collaborative approaches; can influence outcomes without directing or commanding.
  • Demonstrated strong project management leadership skills including, critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines.
  • Analytical skills: ability to think critically, identify, and solve potential challenges
  • Excellent oral and written communication skills, adaptable to a wide variety of audiences throughout Lincoln’s organizational structure 
  • Undergraduate degree in Actuarial Science, Applied Mathematics, Statistics, Economics, Computer Science, or other quantitative major is required.

Nice-to-have: 

  • Technical and programming skills in database, analytical, and business intelligence tools, such as SQL, Dataiku, Tableau, etc.
  • Demonstrated history of innovation and process improvement 
     

 

Application Deadline

Applications for this position will be accepted through May 31st, 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

  • 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

 

The pay range for this position is $125,800 - $229,100 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 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. 

 

Follow us on Facebook, X, LinkedIn, and Instagram. 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 (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 or 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.

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