Lead Actuary, Internal Audit

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Date: Nov 13, 2026

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

Relocation assistance: is not available for this opportunity.

Requisition #: 76906

The Role at a Glance

We are seeking a Lead Actuary, Internal Audit to apply actuarial expertise in support of Internal Audit engagements involving actuarial subject matter, including market risk, product development, pricing, reserving, and other actuarial functions. The role partners closely with audit leaders and business stakeholders to evaluate risks, controls, methodologies, and processes and contributes to audit conclusions and recommendation.

This position is designed for a Fellow of the Society of Actuaries who is interested in leveraging actuarial expertise to contribute to complex Internal Audit engagements. Prior Internal Audit experience is not required. Working under established audit methodologies and in partnership with experienced auditors, you will evaluate actuarial risks, assumptions, models, and controls while developing Internal Audit knowledge and contributing to audit conclusions and recommendations.

What you'll be doing

•Apply actuarial knowledge and professional judgment to assess the reasonableness of methodologies, assumptions, models, and results as part of audit engagements involving actuarial activities.
•Support audit planning activities by identifying actuarial risks and control objectives, and recommend the scope, nature, and extent of actuarial testing procedures for complex and higher-risk audit topics.
•Design and perform technical actuarial testing, including independent recalculation, benchmarking, sensitivity and reasonableness analysis, and evaluation of model governance, validation, and change management practices.
•Evaluate assumption-setting processes, experience studies, and the use of expert judgment, and challenge conclusions where support is insufficient or inconsistent with actuarial standards of practice, regulatory requirements, or financial reporting requirements.
•Evaluate actuarial processes and controls, including data inputs, model and end-user computing controls, peer review, and the governance and reporting of actuarial results to management.
•Develop and document technical conclusions and contribute to the preparation of audit observations and recommendations related to actuarial risks and controls.
•Communicate complex actuarial concepts clearly to Internal Audit colleagues, business partners, and senior stakeholders, including in client meetings and closing discussions.
•Share actuarial knowledge and provide peer support to team members and co-source partners, as appropriate.
•Remain informed of emerging actuarial risks, regulatory developments, and industry trends and incorporate relevant considerations into audit activities.
•Learn and apply audit methodology, including risk assessment, audit execution, documentation, and reporting, in accordance with department policies and standards. Prepare work papers that clearly document actuarial testing performed, sources, results, and conclusions.
•Support monitoring and validation of remediation activities for actuarial-related issues, as directed by the audit lead.
•Partner with Actuarial, Risk Management, Finance, and other first and second line partners to establish strong working relationships, while maintaining independence and objectivity.
•Stay current on actuarial standards of practice, industry regulations, and best practices, while continuing to expand knowledge of the company's products, operations, and regulatory obligations.
•Apply the Committee of Sponsoring Organizations of the Treadway Commission framework and carry out duties in compliance with the Institute of Internal Auditors' Global Internal Audit Standards, state and federal regulations, and company policies and procedures.

What we’re looking for

Must-haves:
•Fellow of the Society of Actuaries (FSA) designation.
•Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, or a related field.
•5+ years of experience in the insurance or financial services industry, including hands-on experience in one or more areas such as market risk, asset-liability management, product development, pricing, valuation, or reserving.
•Strong working knowledge of actuarial methodologies, models, and assumptions, and of applicable actuarial standards of practice, statutory and GAAP reporting, and regulatory requirements.
•Demonstrated ability to analyze complex actuarial issues, apply sound professional judgment, and effectively communicate findings and recommendations.
•Strong written and oral communication skills, including the ability to explain technical actuarial concepts to non-actuarial audiences.
•Ability to work independently, manage multiple priorities, and deliver quality work in a deadline-driven environment.
•Willingness to learn Internal Audit methodology and apply it in conjunction with actuarial expertise. Prior Internal Audit experience and audit certifications are not required.
•Proficiency with Microsoft Office suite (Word, Excel, PowerPoint, Outlook).

Nice-to-haves:
•Experience with independent review, model validation, peer review, or actuarial governance and controls.
•Experience with data analytics and programming tools and with actuarial modeling and valuation platforms.
•Familiarity with internal control frameworks, risk assessment, or audit concepts.
•Interest in emerging technologies, including AI, and how they may impact actuarial and business risk.

Application Deadline

Applications for this position will be accepted through January 16th, 2027 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 and leadership attributes
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
Work arrangements that work for you
Effective productivity/technology tools and training

The pay range for this position is $120,375 - $192,600 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 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.

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 ("Lincoln" or "the Company") 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, 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.

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