Lead Actuary, Pricing and Rating Model Leader
2 days ago
This leadership position plays a crucial role in driving business growth and profitability by leading the development of a robust pricing and rating model for all Group Benefits products. As a key member of our team, you will leverage your expertise to provide subject matter guidance on technical systems used in pricing, develop and perform complex actuarial analyses, and make recommendations for leveraging the pricing model across the business unit.
Key Responsibilities
- Leads the development of advanced rating model capabilities for all products and platforms to support strategy setting, planning, small case renewals, and pricing analysis.
- Collaborates with stakeholders on recurring rating model deliverables and builds long-term data, analysis, and reporting capabilities to help understand and manage the business.
- Analyzes and synthesizes information from multiple sources to ensure accuracy of rating model output.
- Monitors and analyzes developments in pricing methodology changes and implements solutions within the rating model process.
- Identifies and directs process improvements that significantly enhance quality across the team, supporting automation and production capabilities of the rating model.
- Maintains knowledge on current and emerging developments of technical systems connected to the rating model.
- Leads actuarial projects and proactively identifies challenges and resolutions.
- Provides subject matter expertise on actuarial models and assumption development, suggesting new ways of managing risk.
- Supports the development of actuarial students/analysts through coaching.
- Develops strong engagement within the team and external stakeholders aligned with Lincoln's core values and leadership attributes.
What You'll Need
- 4-year degree (or equivalent) in Actuarial Science, Applied Mathematics, Statistics, Economics, Computer Science, or other quantitative major.
- 5-7+ years of actuarial experience directly related to this position's responsibilities.
- Certifications/Licenses: FSA
- 2+ years of leadership experience.
- Group Benefits Pricing Experience is preferred.
- Proficiency in SQL and Dataiku.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
- Demonstrates strong interpersonal skills with a collaborative style.
- Demonstrates strong project management leadership skills, including coordinating and balancing multiple projects in a time-sensitive environment under pressure and meeting deadlines.
The estimated salary range for this position is $90,300 - $164,700.
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