Actuary, Life Valuation - Radnor, United States - Lincoln Financial

Lincoln Financial

Verified Company

Radnor, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Date:
Apr 11, 2024

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 #: 72828

The Role at a Glance

Lincoln Financial Group has an exciting role open for an Actuary, Life Valuation where you will play a significant role in the Corporate valuation team.

This is a visible role which will interact with key business partners. You will play an integral role in providing life reserving and reporting leadership to support key business objectives.

What you'll be doing

Perform valuation production process for life products (Universal Life, Combo products, Variable Life, Indexed UL)
Meet all deadlines and provides accurate information consistent with Stat, GAAP, and other professional requirements and standards
Provide specialized expertise and thought leadership to internal/external stakeholders for life valuation
Maintain knowledge on current and emerging developments/trends including regulatory changes for life valuation, assesses the impact, and collaborates with management to incorporate new trends and developments in current and future strategies
Ensure that risks, exposure, and key business issues are identified, properly accounted for and resolved
Collaborate with key business/management stakeholders to drive the development and adoption of key financial decisions and risk management techniques for the enterprise
Support Finance by providing information and exhibits needed for financial reporting.
Lead regulator, internal and external auditor, and survey inquiries; promptly drives resolution
Participate in preparation of operational and risk management metric reports for analysis and presentations to management
Introduce and encourages innovation, improvements, and efficiencies where possible in the reserving/reporting processes
Collaborate heavily with financial and pricing leadership to effectively manage the Life product lines
Participate in review of life assumption development work
Establish 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

8+ years of increasing actuarial experience
FSA designation or ASA designation with substantial additional years of actuarial experience
Experience with Life products
Strong understanding of regulatory/accounting/capital frameworks (STAT/GAAP/Tax, RBC, EC)
Strong understanding of balance sheets, income statements, and financial projections
Confident, comfortable communicator with excellent written and verbal communication skills
Strong presentation skills with demonstrated ability to influence at all levels of management through clear, informed, and logical discussions/presentations.
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.
Demonstrates strong project management leadership skills including, critical ability to coordinate and balance multiple projects in a timesensitive environment, under pressure, and meeting deadlines.
Proficiency with ALFA/AXIS or similar projection software systems is a plus
Advanced proficiency with Excel, Word, PowerPoint Undergraduate degree is required
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 wellbeing; offering a remote work environment and flexible work hybrid situations
Effective productivity/technology tools and training
Pay Range: $105,301 $190,000

Actual base pay could vary based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, profic