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Lincoln Financial

Insurance, retirement, and financial services provider

Sr. Associate - Actuarial Product Specifications

Actuarial & Risk ModellingPosted on Nov 13
Full-time

About the Job

Requirements

  • A four-year bachelor's degree or equivalent work experience, with four years of experience accepted in lieu of the bachelor's degree.
  • At least one year of actuarial experience or passage of three actuarial exams.
  • Ability to prioritize workload and multitask while maintaining attention to detail.
  • Ability to stay current on profession and industry trends, including regulations.
  • Ability to evaluate information and data trends, solve challenging but non-complex problems, apply sound judgment to draw conclusions, and act effectively in situations with limited standardization.
  • Ability to use artificial intelligence tools responsibly in daily work, validate AI-generated outputs, and identify opportunities to improve productivity, decision-making, and outcomes.
  • Proficiency in Microsoft Office Suite, including Word, Excel, PowerPoint, and Outlook.

Responsibilities

  • Provide technical and actuarial support to pricing and product actuaries during product development and implementation initiatives.
  • Develop and maintain product specifications using established standards and guidelines for new products and changes to existing products.
  • Review product specifications for completeness, consistency, accuracy, and alignment with actuarial intent, and identify issues requiring further review or resolution.
  • Advise stakeholders on product design decisions, calculation methodologies, and downstream impacts.
  • Provide actuarial input for developing product specifications, contract language, and related product documentation.
  • Develop an understanding of applicable regulatory requirements, including IRC Section 7702, and interpret and apply them to life insurance product features and specifications.
  • Apply established guidelines to address challenging but non-complex specification issues and escalate matters requiring additional expertise.
  • Collaborate with actuarial, legal, compliance, operations, administration, and technology partners to support consistent interpretation of product requirements.
  • Translate actuarial and business requirements into clear product specifications for implementation by internal and external stakeholders.
  • Assist with product development and implementation activities for life insurance products, riders, and product enhancements.
  • Explain product specifications, requirements, and established practices to stakeholders to support understanding and consistent execution.

About the Company

Lincoln Financial

Insurance, retirement, and financial services provider

Lincoln Financial Group offers life insurance, annuities, and retirement income products through its network of affiliated companies, and also provides securities and investment advisory services via affiliated broker-dealers. Its products combine insurance coverage or retirement-focused contracts with investment options, where customers fund premiums, choose subaccounts or riders, and receive benefits such as death benefits, living benefits, or guaranteed income in retirement. The company differentiates itself with a family of affiliated brands and distributors that coordinate life, annuity, and advisory products under one umbrella. Its goal is to help individuals and families protect loved ones, plan for retirement, and achieve financial security through integrated protection and investment solutions.

Company size
Not listed
Company stage
Not listed
Total funding
$128.8M
Headquarters
Radnor Township, Pennsylvania
Founded
1905

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