Lead Actuary, Pricing - Executive Benefits
- Location
- Radnor, PA
- Work model
- Hybrid
- Level
- Senior
- H-1B history
- 22 approvals (FY2023)
About this role
Alternate Locations: Radnor, PA (Pennsylvania); Charlotte, NC (North Carolina); Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Hartford, CT (Connecticut); Omaha, NE (Nebraska) Work Arrangement: Hybrid : Employee will work 3 days a week in a Lincoln office Relocation assistance: is not available for this opportunity. Requisition #: 76642 The Role at a Glance
The primary purpose of this role is pricing support for Lincoln's Executive Benefits (EB) products, including COLI/BOLI and PPLI. You will contribute to the design, modeling, assumption setting, analysis, and state filing/regulatory compliance for new products, as well as regular rate-setting (crediting rates) and profitability analysis for existing, inforce products. You will have the opportunity to present your work to various stakeholders, including product management, pricing review, risk management, and senior leadership. You will work on products developed in partnership with the EB distribution team and will work across business units and functions, including finance and enterprise risk management. What you'll be doing
Pricing Analysis
Perform pricing analysis for new/redesigned Executive Benefits contracts and rider benefits, including COLI/BOLI and PPLI products. Determine appropriate assumptions and how to model new product features. Develop pricing strategies and provide consultation/clarification on actuarial models and risk issues. Collaborate with the product development and distribution teams on product design to meet or exceed profitability and sales objectives. Direct, develop, and/or run complex pricing models and analysis using MG-ALFA and product illustration software (Andesa) for EB contracts and rider benefits. Present results of analysis to team members, key business partners, and management.
Risk Analysis
Analyze risk management strategies, and various reserve and capital requirements. Evaluate the impact of potential product design changes on the reserve and/or capital requirement, profitability, and tail risks.
Actuarial/ Technical Support
Maintain existing actuarial pricing models and tools, and proactively identify and implement improvements. Develop tools and support product/relationship managers according to business needs. Provide actuarial support for state filing, tax qualification, and regulatory compliance for EB products.
Pricing Documentation
Prepare reports and presentations summarizing pricing analysis and results, including crediting rates, and documentation of assumptions and methodology.
Special Projects
Participate in ad hoc projects related to product development, implementation, inforce management, and corporate risk management initiatives. What we’re looking for
6+ years of experience in Actuarial positions Preferred to have FSA credential MG-ALFA modeling experience preferred; experience with product illustration software (e.g., Andesa) a plus Strong technical skills Comfort working with and communicating across various teams and levels of seniority Capability to be productive in a dynamic environment with changing priorities and responsibilities Application Deadline
Applications for this position will be accepted through November 25th, 2026 subject to earlier closure due to applicant volume. What’s it like to work here? At Lincoln Financial, 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 of Lincoln's core values and leadership