Associate Actuary - Variable Annuity Production (Remote)

Company: Lincoln Financial Group
Location: Salem
Posted on: September 21, 2022

Job Description:

**Alternate Locations:** Work from Home**Work Arrangement:** Work from Home**Relocation assistance:** : is not available for this opportunity.**Pay Range:** $63,100 - $137,900**Bonus Potential:** 10%**Requisition #:** 70148**Role at a Glance**This position is a modeling role utilizing the MG-ALFA platform within a Principle-Based environment. It plays an integral role in the statutory modeling and reporting of Variable Annuity business for VM-21, VA Hedging, LDTI, Capital and Rating Agencies. This role is involved in the build and validation of Variable Annuity models performing various runs from these models. The role will also be responsible for analyzing results and communicating their findings to the team and other key stakeholders. The position leverages data tools (including Dataiku and Tableau) to streamline processes and utilize data visualization techniques. The modeling is in a Principle-Based environment and the individual will understand how the modeling conforms to the statutory regulation.**What you'll be doing:**+ Actuarial Modeling: Understand the Variable Annuity MG-ALFA models and identify areas where modeling can be improved. Maintain and expand knowledge of MG-ALFA and other software to recognize model and process improvement opportunities.+ Production Reporting: Function in a production environment with tight audit controls and orderly documentation. Maintain a strong emphasis on attention to detail, accuracy, and timeliness of reporting. Understand drivers of change from the models and improve methods to effectively communicate results. Balance priorities of various ad hoc requests.+ Quality Improvements: Build on existing automation efforts with Dataiku and Tableau to increase efficiency, gain insight into the analysis of results, reduce the potential for error, and improve presentation of results. Embrace a continuous improvement mindset to constantly innovate and enhance all aspects of the production processes.+ Team Environment: Work with a team of professionals on a variety of projects including the production, analysis, and communication of results from the actuarial models.+ Relationship Building: Deliver informative analysis and results from the actuarial models by partnering and collaborating with other functional areas across the company including Accounting Close, FP, MRM, Pricing, Audit, ERM, Investments and Corporate Actuarial.+ Regulation: Maintain and expand knowledge of Variable Annuity statutory regulations and best practices. Stay current on potential regulation changes within the industry.**What we're looking for:**_Must-haves:_+ Ability to think critically, identify and solve potential challenges+ Excellent oral and written communication skills+ Priority setting, time management and organizational skills+ Technical, programming, and problem-solving skills+ Self-starter with ability to work independently_Nice-to-haves:_+ Annuity product knowledge is preferred but not required+ MG-ALFA, GGY AXIS, Dataiku and Tableau experience is preferred but not 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 (https://hrdirectdocs.lfg.com/misc/HR/Recruiting/BenefitsResourcesGuide.pdf)+ 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**Work Arrangement**Work from Home : Employees will work from home and are not required to work in a Lincoln office on a regular basis.**Lincoln will evaluate the following when setting the successful candidate's wage rate:**--- Prior work or industry experience.--- Education level to the extent education is relevant to the position.--- Unique skills**About The Company**Lincoln Financial Group, a Fortune 200 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 customer's 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 $324 billion in end-of-period account values as of June 30, 2021.Ranked one of the Best Large Employers in America and Best Employers for Women by _Forbes_ magazine as well as one of _Newsweek's_ Most Responsible Companies, 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.Lincoln is committed to creating a diverse and inclusive (https://www.lfg.com/public/aboutus/companyoverview/diversityinclusion?audience\_page\_id=1422918942386) 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.Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, we earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index. Follow us on Facebook (http://www.facebook.com/lincolnfinancialgroup) , Twitter (https://mobile.twitter.com/lincolnfingroup) , LinkedIn (https://www.linkedin.com/company/4307?trkInfo=tas%3Alincoln+financial%2Cidx%3A3-1-3=tyah) , and Instagram (https://www.instagram.com/lincolnfingroup/) . Sign up for email alerts at http://newsroom.lfg.com**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/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.This Employer Participates in E-Verify. See the E-Verify (https://www.e-verify.gov) notices.Este Empleador Participa en E-Verify. Ver el E-Verify (https://www.e-verify.gov/es) avisos.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. Opportunities throughout LFG are available to employees and applicants and are evaluated on the basis of job qualifications. We have a drug free work environment and we perform pre-employment substance abuse testing.

Keywords: Lincoln Financial Group, Salem , Associate Actuary - Variable Annuity Production (Remote), Accounting, Auditing , Salem, Oregon