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Actuarial Analyst II

Lincoln Financial Group Greensboro, NC
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Job Description

Alternate Locations:Greensboro, NC (North Carolina); Hartford, CT (Connecticut)


Relocation assistance is not available for this opportunity.



Requisition #56687


About the Company

Lincoln Financial Group, a Fortune 250 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 customers 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 $253 billion in assets under management as of December 31, 2017.

Ranked one of the Best Large Employers in America by Forbes magazine, 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.

The Role

The primary purpose of the new role is to support the analysis and modeling needs for Quality of New Business, Rate Setting and optimization projects across the team. The ADP participant will support the modeling and analysis Fixed Annuity profitability, inforce actions and rate setting. The participant will have the opportunity to work with Annuity Pricing, Product development, Risk Analytics, FP&A and several other areas.

Responsibilities

  • Quality of New Business: Understand key drivers for Fixed annuity profitability and explain results to Annuity Solutions leadership. Work with pricing teams on implementing new products into the Quality of Business reporting process.
  • Inforce Actions: Use the Annuity pricing models to evaluate potential actions on inforce business to optimize FA business. Understand key drivers for earnings, sales, and policyholder behavior.
  • FIA/SPIA/DIA Rate Setting: Develop an in-depth understanding of our current and past FA and VA products and how rates are managed on new business and inforce. Understand the Annuity product suite and the impacts from changing interest rates and product features on our products.
  • Actuarial/ Technical Support Work with Pricing teams to maintain existing actuarial models and tools, and proactively identify improvements.

Requirements

Education

  • 4 Year/Bachelors Degree or equivalent work experience (4 years of experience in lieu of Bachelors)
  • 3+ Society of Actuary exams passed

Experience

  • 1+ years of actuarial experience
  • Strong analytical and problem solving skills
  • Effective written and verbal communication skills
  • Ability to analyze and recognize trends.
  • Motivation to gain understanding of the processes
  • Independent, motivated, and collaborative


This position may be subject to Lincolns 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 Lincolns 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, veterans 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.






Job Details

Date Posted October 30, 2018
Date Closes November 29, 2018
Requisition 56687-en_US
Located In Greensboro, NC
Department Actuarial
SOC Category 00-0000.00
Location