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Lincoln Financial

Lincoln Financial

AVP, Actuarial (Retirement Plan Services)

AVP, Actuarial (Retirement Plan Services)

Job Details
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Uploaded On
September 6, 2024
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Location
Radnor, United States
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Remote?
No
Company Overview
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Headquarters
Radnor, PA
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Number of Employees
10966
Estimated Number of Actuaries
271
Salary
$
141
k-$
256
k
Glassdoor Ratings
""
Recommend to a Friend
60%
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Overall Score
3.6 / 5
Alternate Locations: Work from Home; Fort Wayne, IN (Indiana); Hartford, CT (Connecticut); Radnor, PA (Pennsylvania)

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 #: 73581

The Role at a Glance

This position provides leadership, direction and functional expertise to ensure departmental results for our Retirement Plan Services team. You will direct and provide subject matter expertise on the design and execution of actuarial models and analysis. In addition, you will contribute to the development of Actuarial strategy and ensure the design and execution of actuarial models and associated analysis to enable and support fact-based decision making by management.

What you'll be doing

  • Oversees Assumption Governance, Rate Setting, and Risk Management functions
  • Contributes to the strategy development for actuarial trends, issues and/or concerns.
  • Anticipates and provides strategies/solutions to complex actuarial problems or trends.
  • Directs actuarial projects with broad impact to the enterprise, delegating work and providing appropriate levels of support and responsibility to employees.
  • Partners effectively with various levels of management and other stakeholders to generate high-quality decisions.
  • Provides guidance on structure of actuarial models and assumption development and proper balance of precision and timeliness.
  • Monitors developments in actuarial industry and translates this information to business solutions.
  • Leads the research, design and implementation of actuarial modeling techniques and tools to support current/future business needs.
  • Directs and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives.
  • Identifies and directs strategic process improvements that significantly reduce workloads or improve quality across the team, department and/or business unit.
  • Provides subject matter expertise to team members and internal/external stakeholders on complex assignments/projects.
  • Provides training and development opportunities, including stretch assignments, for team members and gives honest and open feedback to aid in the development of talent.
  • Provides strategic leadership and direction to continually improve the capability and results.
  • Directs/executes approved strategy decisions and contributes to strategy creation.
  • Ensures that top talent is hired and retained.


What we're looking for

Must-Haves:
  • 4 Year/Bachelor's degree (or equivalent)
  • 10+ Years of experience years in actuarial science that directly aligns with the specific responsibilities for this position, including 3+ years of managerial, supervisory, and/or demonstrated leadership experience including influencing senior management/critical stakeholders experience
  • Upon Hire Certifications/Licensures: (FSA designation or ASA designation with additional years actuarial experience)

Nice-to-Haves:
  • 2+ years Retirement Plan Services experience


Application Deadline

Applications for this position will be accepted through September 27th, 2024, subject to earlier closure due to applicant volume.

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 job levels, along with associated behaviors for each Lincoln leadership Attribute.
  • 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 well-being; offering a remote work environment and flexible work hybrid situations
  • Effective productivity/technology tools and training


The pay range for this position is $140,701 - $256,200 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. Pay is 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 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, X, LinkedIn, and Instagram. For the latest company news, visit our 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 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 or 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 notices.

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Lincoln Financial