Jobs · Connecticut

Associate Actuary, Executive Benefits Pricing/Inforce Management

Lincoln Financial · Hartford, CT · 1 mo ago
$80k–$145k/yrFull-time

The Role at a Glance

The ADP Program Overview
The Actuarial Development Program (ADP) at Lincoln Financial Group is an industry-leading program that demonstrates Lincoln Financial’s commitment to creating highly qualified business leaders. 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.

What You'll Be Doing

  • Inforce Management
    Perform monthly and quarterly tasks to provide rates for executive benefit products including COLI/BOLI and PPLI products
  • Pricing Analysis
    Perform pricing analysis using model output and product illustration software (Andesa), analyze pricing results for EB Products, support in the development of appropriate assumptions and model maintenance.
  • Engage with the product development team on product design to meet or exceed profitability and sales objectives.
  • Present results to team members, working groups, key business partners, and management.
  • Actuarial/Technical Support
    Maintain existing actuarial pricing models and tools; proactively identify and implement improvements. Maintain relationship with brokers; review and run product illustrations to support case pricing
  • Special Projects
    Participate in ad hoc projects related to product development, implementation, and inforce management
  • Pricing Documentation
    Prepare reports summarizing crediting rates for EB products and complete ad hoc requests

What We’re Looking For

  • Must have:
    • Undergraduate degree in Actuarial Science, Applied Mathematics, Statistics, Economics, Computer Science, Data Science, or other quantitative major
    • 3-6+ Years’ experience that aligns with the responsibilities for this position
    • At least 7 actuarial exams passed; typically has ASA designation, progressing towards FSA designation
  • Additional Qualifications:
    • Strong analytical and problem-solving skills
    • Strong communication and interpersonal skills
    • Nice to have:
      • Experience working with artificial intelligence tools
      • History of innovation and process improvement
      • Advanced proficiency with Microsoft Office Suite (Excel, Word, PowerPoint) and Microsoft SQL Server
      • MG-ALFA Modeling Experience

    Additional Information

    • Pay Range: $79,601 - $145,100 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law.
    • Application Deadline: Applications for this position will be accepted through September 15th, 2026 subject to earlier closure due to applicant volume.

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