Actuary, Risk Management

Date: May 7, 2024

Primary Location: Radnor, PA, US

Company: Lincoln Financial

Alternate Locations: Work from Home; Charlotte, NC (North Carolina); Dover, NH (New Hampshire); 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 #: 72993


The Role at a Glance

We are excited to add an Actuary to our Retirement Plan Services (RPS) Risk Management team to work remotely to help us develop a new pricing model. In this role, you will help build, enhance, and maintain a retirement pricing system from first principles. We are seeking a retirement pricing actuary who can help create transformative change by merging the latest technology with the timeless principles of finance. You will also be responsible for managing smaller projects as part of a larger collaborative master plan.

What you'll be doing

  • Project Execution: Responsible for end-to-end project execution, from understanding the business challenge to model prototyping and deployment, while effectively communicating with stakeholders and cross-functional partners 
  • Coding: Responsible for building out components of code, verifying accuracy and compliance with best practices, and thoroughly documenting the work
  • Collaborating: Heart of a teacher willing to share knowledge to help educate others while also being an autonomous individual contributor
  • Assumption Setting: Leading the development of new predictive and dynamic assumptions, documenting the approach taken, and presenting the results to stakeholders for review and approval
  • Communicating: Effectively communicates with internal stakeholders and management with the ability to deep dive in technical conversations while also able to relate information to non-technical audiences 
  • Innovating: Research existing and emerging best practices in computer science to apply to our processes 

What you will be using:

  • Python: Basis for pricing model, specifically utilizing pyspark package
  • Visual Studio: For developing and reviewing code.
  • Excel: for testing and development (building out sample calculations).
  • Dataiku: hosting the production version of the model, the user interface, and the upstream/downstream connections.

What we’re looking for


  • 5+ years of experience in work that aligns with the specific responsibilities for this position 
  • FSA or career ASA
  • Pricing model creation and governance
  • 4 Year/bachelor’s degree in a quantitative field (ex. physics, mathematics, finance, computer science, statistics, actuarial science, and engineering)


  • Comfortable working with and building functional, dynamic code for reusability and scalability within interconnected systems
  • Strong object-oriented programming skills (Python preferred) and Git (branching, committing, pull requests, etc.
  • Comfortable working independently or collaboratively on a variety of projects and requests
  • Open and willing to accept feedback from other team members and apply it to their daily work
  • Passion for problem-solving and a willingness to be persistent
  • Retirement product and general insurance knowledge



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 levels 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: $90,300 - $164,700 


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, 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


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. 


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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.


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