**Alternate Locations:** Work from Home; Charlotte, NC (North Carolina); 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 #:** 72946

The Actuarial Development Program (ADP) at Lincoln Financial Group is an industry-leading program that demonstrates Lincoln Financial’ s commitment to creating technically proficient, well-rounded actuaries capable of leadership, technical and managerial roles throughout the company. As an ADP participant, you’ll be able to explore your unique interests while developing the essential actuarial, technical, management, communication, and leadership skills you need to succeed. The Actuarial Development Program includes a series of rotations, typically every 18-24 months. Rotational roles are available in different business areas including Life and Annuities, Retirement and Group Protection. Rotational roles also span all actuarial functions including Product Development, Pricing, Reinsurance, Inforce Management, Valuation, Financial Projections, Risk Management, Financial Planning & Analysis, Financial Strategy & Management, Appointed Actuary, Experience Studies, Modeling and Data Analytics & Actuarial Transformation.

ADP participants are required to pass the Society of Actuaries’ exams at a prescribed pace. The program is designed to support you as you work towards your FSA and provide the training and resources necessary to pass the exams.

Additional Program Highlights:

• Highly competitive compensation package with salary increases and bonuses upon successful exam completion

• Long-term incentive benefits for program graduates meeting minimum requirements

• Generous study time allowances for each exam session

• Payment and/or reimbursement of actuarial exam fees, materials, review courses, and seminars taken during the program

• Social and training opportunities to enhance skills, network with ADP participants and build long-lasting industry relationships

• Dedicated leaders and mentors to assist with career development

• Work with actuarial and data science software and technologies including MG-ALFA, AXIS, Prophet, Dataiku, R, and Tableau

The Role at a Glance

As an Associate Actuary, you will be assigned to one of Lincoln’s Actuarial departments where you will play an integral role in the function of supporting the company’s actuarial responsibilities across multiple lines of business, delivering insightful, value-add, actionable analytics and governance to drive business results. Throughout the rotational process, participants are strategically rotated to a wide range of positions, providing experience in three key areas: Product & Pricing, Financial, and Technical. In addition, participants are provided opportunities to gain exposure to multiple lines of business, as well as both group and individual insurance. Participants are placed into positions based upon what skills they can offer the position as well as what experiences the position can offer them. It is a collaborative process between the program leaders (actuaries), managers, and participants. Lincoln’s actuarial leadership plays an active role in developing the ADP participants.

In any actuarial rotational role that you would be placed in, you could be responsible for a variety of tasks and learning opportunities such as:

• Developing a new insurance product or re-pricing an existing product based on customer needs

• Perform pricing analysis using internally developed software, and analyze the pricing results for new/redesigned annuity contract and rider benefits

• Conducting asset adequacy and cash flow testing using actuarial software

• Creating monthly, quarterly, and annual reserves and financial statements

• Developing and analyzing business models to analyze portfolio holdings

• Work across the enterprise to gather, validate, and analyze statutory reserves and capital for all holding company entities as part of an emerging international capital framework

• Improve efficiency of technological tools used for asset adequacy testing and statutory reporting (Dataiku)

• 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

• Maintain existing actuarial models/tools, assist with mechanical and conceptual troubleshooting

• Work with actuarial and data science software and technologies including MG-ALFA, Prophet, Dataiku, R, and Tableau

• Develop, expand, and maintain validation tools such as external spreadsheets used to verify model results. Create and maintain proper documentation of model changes.

• Perform dynamic validation and analyze actual against modeled assumptions

• Partnering with various teams to understand risks posed by new products and developing recommended approaches to reflect risk

• Presenting to actuarial and non-actuarial leaders within assumption review committee meetings

What you'll be doing

• Support the group’s actuarial initiatives and on-going business needs

• Complete assigned projects with impactful outputs

• Build relationships across different business units and actuarial functions

• Collaborate with actuarial team members

• Receive coaching and mentorship from senior actuarial team members and leaders

\What we’re looking for

• 3-6+ years of experience in actuarial science

• At least 7 actuarial exams passed; typically has ASA designation, progressing towards FSA designation

• Driven, motivated and resourceful problem-solvers with critical thinking skills who are eager to learn, are coachable and committed to the rotational and exam progress parameters laid out by Lincoln.

**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 (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

**Pay Range:**

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 LincolnFinancial.com.

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.

Follow us on Facebook (http://www.facebook.com/lincolnfinancialgroup) , X (https://mobile.twitter.com/lincolnfingroup) , LinkedIn (https://www.linkedin.com/company/4307?trkInfo=tas%3Alincoln+financial%2Cidx%3A3-1-3&trk=tyah) , and Instagram (https://www.instagram.com/lincolnfingroup/) . For the latest company news, visit our newsroom (https://www.lincolnfinancial.com/public/aboutus/newsroom) .

**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 [email protected] 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.