Actuary, Life Complex Reinsurance Administration & Monitoring
Date: May 22, 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 Arrangement:
Hybrid Preferred : Preferred employee will work 3 days a week in a Lincoln office
Relocation assistance: is not available for this opportunity.
Requisition #: 74633
The Role at a Glance
The Life Reinsurance team at Lincoln is responsible for coordinating reinsurance administration, execution, and monitoring efforts across Lincoln’s Life Solutions organization. This expanding team is looking to onboard a data-driven actuary, accountant, accounting systems, or financial reporting expert to develop and maintain strategic reinsurance administration and monitoring processes. This person will play a leadership role in developing monitoring infrastructure on a backlog of transactions, and build infrastructure to administer new & existing life strategic reinsurance transactions. This person will work with deal leads to onboard new transactions into administration & monitoring systems and provide a key feedback loop to finance, reinsurance accounting, and deal leads on business performance and expectations of each transaction.
What you'll be doing
·Develops and maintains administration and monitoring infrastructure for strategic reinsurance transactions within the Individual Life line of business.
·Surveys upstream data providers and downstream data customers to develop understanding of how reinsurance data is used throughout Lincoln’s information ecosystem.
·Leads development of data processes and reconciliation reports that are efficient, tractable, and instill confidence in the integrity of results for downstream stakeholders and auditors.
·Compiles historical information relating to deal implementation, intention, and performance expectations.
·Captures intentions and risks of strategic reinsurance transactions by understanding analysis performed at the time of deal inception and putting self in the shoes of the individuals/teams who executed the transaction.
·Leads actuaries to transform prior models or develop new models as needed to allow for side-by-side comparison of settlement line items, financial indicators, and deal performance drivers.
·Creates historical reviews on strategic reinsurance transactions, presenting findings to key stakeholders, and setting expectations of key drivers specific to subject transactions.
·Provides feedback to all parties involved in the reinsurance data ecosystem and uses expertise to recognize, probe, and remediate/explain when results are misaligned with expectation.
·Researches problems and questions from stakeholders across the organization, including but not limited to, Accounting, Finance, Life Solutions, M&A.
What we’re looking for
•4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's) (Minimum Required)
•5-7+ Years experience in actuarial science, accounting, accounting systems, or financial reporting that directly aligns with the specific responsibilities for this position
•FSA, ASA with additional years of experience, CPA with additional years of experience, or advanced accounting degree with additional years of experience
•Proficiency and proven ability in model development, process development, or accounting system development.
•Ability to analyze complex information and to evaluate the implications of a course of action or solution.
•Ability to interpret and apply common sense understanding to carry out a variety of instructions furnished in written, oral, or diagram form.
•Ability to solve problems and deal with a variety of concrete variables in situations where only limited standardization exists.
•Define problems, collect data, establish facts and draw valid conclusions.
•Evaluate trends in data or information.
Application Deadline
Applications for this position will be accepted through July 15th, 2025 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:
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Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributes
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Leadership development and virtual training opportunities
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PTO/parental leave
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Free financial counseling, health coaching and employee assistance program
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Tuition assistance program
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Work arrangements that work for you
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Effective productivity/technology tools and training
The pay range for this position is $93,300 - $169,700 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 (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 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, Instagram, and YouTube. 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 are considered property of Lincoln Financial and are not subject to payment of agency fees.
Lincoln Financial 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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