Actuary, Annuity Valuation (Remote Consideration)

Date: May 10, 2023

Primary Location: Radnor, PA, US

Company: Lincoln Financial

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


Work Arrangement:

Hybrid/Flexible : Work at home and use the office as appropriate for in-person collaboration.


Relocation assistance:  is not available for this opportunity.


Requisition #: 71544


The Role at a Glance

Lincoln has an exciting role open for an Annuity Valuation Actuary where you will provide annuity reserving and reporting leadership to support key business objectives. This role will be directly involved in providing thought leadership to create valuation frameworks for new business as well as for changes in regulation and partnering with key business stakeholders on implementation of these frameworks. Additionally, you will partner with our corporate valuation team as well as market risk management to support the valuation of annuities and retirement businesses.    

What you'll be doing

Reserving and Reporting Leadership

  • Provides specialized expertise and thought leadership to internal/external stakeholders for annuity valuation
  • Ensures actuarial models and assumptions for his/her assigned area(s) comply with all company, financial and industry laws, rules, and regulations
  • Maintains knowledge on current and emerging developments/trends including regulatory changes for annuity valuation, assesses the impact, and collaborates with management to incorporate new trends and developments in current and future strategies
  • Reviews quarterly GAAP and Statutory results and communicates key drivers of results
  • Ensures that risks, exposure, and key business issues are identified, properly accounted for and resolved
  • Collaborates with key business/management stakeholders to drive the development and adoption of key financial decisions and risk management techniques for the enterprise
  • Supports Finance by providing information and exhibits needed for financial reporting
  • Meets all deadlines and provides accurate information consistent with Stat, GAAP, and other professional requirements  and standards
  • Lead regulator, internal and external auditor, and survey inquiries; promptly drives resolution
  • May oversee preparation of operational and risk management metric reports for analysis and presentations to management
  • Introduces and encourages innovation, improvements, and efficiencies where possible in the reserving/reporting processes
  • Collaborates heavily with financial and pricing leadership to effectively manage the Annuities product lines
  • May be involved with review of annuity assumption development work
  • Establishes business partnerships and alliances across the organization and industry; finds common interests and mutually beneficial grounds to help achieve business objectives

What we’re looking for

  • 10+ years of increasing financial, product and management actuarial experience, including 3+ years of demonstrated leadership experience including influencing senior management/critical stakeholders experience
  • Advanced proficiency with Excel, Word, PowerPoint
  • Proficiency with ALFA, AXIS, or similar projection software systems is a plus
  • Proficiency with Triton or similar valuation software systems is a plus
  • Experience with Tableau and Dataiku is a plus
  • Undergraduate degree and 4+ years of comparable work experience required
  • FSA designation or ASA designation with substantial additional years actuarial experience


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, a Fortune 200 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas — Life Insurance, Annuities, Retirement Plan Services and Group Protection — focus on supporting, preserving and enhancing over 17 million customer’s lifestyles and retirement outcomes.

Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $324 billion in end-of-period account values as of June 30, 2021.

Ranked one of the Best Large Employers in America and Best Employers for Women by Forbes magazine as well as one of Newsweek’s Most Responsible Companies, Lincoln Financial Group makes a serious investment in our employees’ futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals.


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. 


Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, we earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at


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 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.

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