Actuarial Director

1 week ago


Wayne, Pennsylvania, United States Lincoln Financial Group Full time
Job Summary

We are seeking an experienced Actuarial Director to join our team at Lincoln Financial Group. As a key member of our leadership team, you will be responsible for overseeing the actuarial functions and contributing to the development of our actuarial strategy.

Key Responsibilities
  • Oversee the actuarial governance, rate setting, and risk management functions to ensure accurate and timely decision-making.
  • Contribute to the development of our actuarial strategy, identifying trends, issues, and opportunities for growth and improvement.
  • Anticipate and provide solutions to complex actuarial problems, leveraging your expertise and experience to drive business results.
  • Direct actuarial projects with broad impact to the enterprise, delegating work and providing guidance and support to employees.
  • Partner with various levels of management and stakeholders to generate high-quality decisions and drive business outcomes.
  • Provide guidance on the structure of actuarial models and assumption development, ensuring a balance between precision and timeliness.
  • Monitor industry developments and translate this information into business solutions that drive growth and improvement.
  • Lead the research, design, and implementation of actuarial modeling techniques and tools to support current and future business needs.
  • Direct and enhance organizational initiatives, positively influencing and supporting change management and departmental/enterprise initiatives.
  • Identify and direct strategic process improvements that significantly reduce workloads or improve quality across the team, department, and business unit.
  • Provide subject matter expertise to team members and internal/external stakeholders on complex assignments and projects.
  • Provide training and development opportunities, including stretch assignments, for team members and give honest and open feedback to aid in their development.
  • Provide strategic leadership and direction to continually improve the capability and results of the team.
  • Direct and execute approved strategy decisions and contribute to strategy creation.
  • Ensure that top talent is hired and retained, contributing to the growth and success of the organization.
Requirements
  • 4-year Bachelor's degree (or equivalent) in Actuarial Science or a related field.
  • 10+ years of experience in actuarial science, with 3+ years of managerial, supervisory, and/or demonstrated leadership experience, including influencing senior management and critical stakeholders.
  • Upon hire, certifications/licensures: FSA designation or ASA designation with additional years of actuarial experience.
  • Nice-to-haves: 2+ years of experience in Retirement Plan Services.
What We Offer
  • 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.
  • 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.
Compensation

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. Pay is based on non-discriminatory factors, including work experience, education, location, licensure requirements, proficiency, and qualifications required for the role.



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