Lincoln Financial Group - Trenton, NJ

posted 2 months ago

Full-time - Entry Level
Remote - Trenton, NJ
Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Actuarial Specialist position at Lincoln Financial Group is part of the Actuarial Development Program (ADP), which aims to cultivate highly qualified business leaders in the actuarial field. This role involves participating in a series of rotations across various business areas, including Life and Annuities, Retirement, and Group Protection, while developing essential actuarial, technical, management, communication, and leadership skills. Participants are expected to pass Society of Actuaries' exams and will receive support and resources to help them achieve their FSA certification.

Responsibilities

  • Translate business requests into technical requirements
  • Support designing solutions to enhance reporting and analytic capabilities
  • Support centralizing and standardizing data from various sources
  • Assist with developing automated solutions to streamline processes
  • Help transition manual deliverables to automated reports
  • Increase transparency, efficiency, and governance of processes
  • Maintain robust process and production documentation
  • Document changes and follow change management procedures

Requirements

  • Undergraduate degree in Actuarial Science, Applied Mathematics, Statistics, Economics, Computer Science, Data Science or Data Analytics or other quantitative major
  • 2+ years of actuarial experience, 3+ actuarial exams passed
  • A commitment to continuing the actuarial exam process to obtain the ASA Certification
  • Strong analytical and problem-solving skills; Independent, motivated, and collaborative
  • Effective written and verbal communication skills
  • Demonstrated commitment to continuous learning and development

Nice-to-haves

  • Experience with Life or Annuity products and actuarial modeling strongly preferred
  • Experience with Excel VBA and MG-ALFA is ideal
  • Experience with GGY AXIS, Tableau, and other Actuarial Modeling software or Database Management systems is highly relevant
  • Demonstrates strong interpersonal skills with a collaborative style
  • Curiosity and demonstrated capability to quickly learn new concepts
  • Experience with Modern Data & Analytics Technology such as Dataiku, Tableau, AWS, Spark
  • Coding with SQL

Benefits

  • Highly competitive compensation package with salary increases and bonuses upon successful exam completion
  • Social and training opportunities to enhance skills, network with ADP participants and build long-lasting industry relationships
  • Dedicated leaders and mentors to assist with career development
  • Generous study time allowances for each exam session
  • Payment and/or reimbursement of actuarial exam fees, materials, review courses, and seminars taken during the program
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