About this role
The Role at a Glance
The Actuarial Development Program (ADP) at Lincoln Financial Group is an industry-leading program that demonstrates Lincoln Financial’ s commitment to creating highly qualified business leaders. As an ADP participant, you’ll be able to explore your unique interests while developing the essential actuarial, technical, management, communication, and leadership skills you need to succeed. The Actuarial Development Program includes a series of rotations, typically every 18-24 months. For each rotation, roles are available in different business areas including Life and Annuities, Retirement and Group Protection. Experience gained will enable participants to become well-rounded actuaries with knowledge that may include Product Development, Pricing, Valuation, Modeling, Risk Management, Asset Liability Management, Investments, Data Analytics, and Internal Audit.
ADP participants are expected to pass the Society of Actuaries’ exams at a prescribed pace. The program is designed to support you as you work towards your FSA and provide the training and resources necessary to become a well-rounded actuarial leader.
Additional Program Highlights: •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 Work with actuarial and data science software and technologies including MG-ALFA, Axis, Prophet, Dataiku, R, and Tableau •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
The primary purpose of the Associate Actuary, Annuity Pricing role is performing ad hoc pricing analysis for retail annuity products, including fixed, fixed indexed, registered index-linked, and variable annuity products.
What you'll be doing
•Pricing/Risk Analysis: Perform foundational and exploratory pricing analysis across Lincoln’s suite of retail annuity products (including registered index-linked annuities, fixed annuities, fixed indexed annuities, and variable annuities) using vendor software and internally developed software and tools. •Special Projects: Participate in ad hoc initiatives related to product development, implementation, assumption setting, pricing modeling, corporate risk management initiatives such as ERM and capital management, and other strategic projects. •Analytical/ Technical Support: Maintain existing tools/models and develop new tools or methodologies as needed to support new capabilities or improve accuracy and efficiency. •Pricing Documentation: Prepare documentation of processes, tools, assumptions, and/or key decisions made. •Collaboration & Communication: Collaborate with business partners on various initiatives. Present results to team members, key stakeholders, and management.
What we’re looking for
•4 Year/Bachelor’s degree (or equivalent) (Minimum Required) •3-6+ years of actuarial experience •ASA designation preferred •Strong technical, analytical, and critical-thinking skills. •Capability to be productive in a dynamic environment with changing priorities and responsibilities. •Motivated and collaborative with an optimistic outlook •Effective written and verbal communication skills.
Application Deadline
Applications for this position will be accepted through December 20th, 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 attributes
Leadership development and virtual training opportunities
PTO/parental leave
Competitive 401K and employee benefits
Free financial counseling, health coaching and employee assistance program
Tuition assistance program
Work arrangements that work for you
Effective productivity/technology tools and training
The pay range for this position is $94,875 - $151,800 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln’s total rewards package for employees. In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual. Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package.
About The Company
Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future. We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services.
With our 120-year track record of expertise and integrity, millions of customers trust our solutions and service to help put their goals in reach.
Lincoln Financial Distributors, a broker-dealer, is the wholesale distribution organization of Lincoln Financial. Lincoln Financial is the marketing name for Lincoln Financial Corporation and its affiliates including The Lincoln National Life Insurance Company, Fort Wayne, IN, and Lincoln Life & Annuity Company of New York, Syracuse, NY. Lincoln Financial affiliates, their distributors, and their respective employees, representatives and/or ins