Massachusetts Creative Jobs

MassHire Job Quest Logo

Job Information

Lincoln Financial Group VP, ERM Actuary (hybrid, multiple locations) in Boston, Massachusetts

Alternate Locations: Radnor, PA (Pennsylvania); Boston, MA (Massachusetts); Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Hartford, CT (Connecticut); Omaha, NE (Nebraska)

Work Arrangement: Hybrid/Home

Relocation assistance: is not available for this opportunity.

Requisition #: 67964

The Role at a Glance

As part of our go forward strategy in risk management, we believe that “everyone at Lincoln is a risk manager and as a result, we’re expanding our industry leading, best in class Risk organization adding new roles in all disciplines of our risk management organization. Lincoln is committed to investing in the talent, systems, and processes to make this happen, resulting in opportunity for impact on enterprise strategic direction and potential career growth for risk professionals

We’re excited to bring on a VP, Corporate risk actuary to our newly expanding Chief Risk Office. In this role, you will influence strategy, aggregate metrics and risk exposures, and set governance standards across all lines of business. The ideal candidate will be able to cross business lines and functional areas, show technical prowess, and communicate complicated topics to the executive level to drive action.

This position will provide subject matter expertise and direction on complex projects/initiatives within the Chief Risk Office, reporting to the Head of Enterprise Risk Management. S/he will develop and perform complex actuarial analysis and provide recommendations for his/her assigned area(s) of responsibility. S/he will lead actuarial projects and proactively identify challenges and resolutions. The focus of this group is to deliver insightful, added-value, actionable risk analytics and governance to drive business results. S/he will be responsible for support and oversight of all business unit-based valuations, product development and pricing, assumption governance, and expanding inforce analytical capabilities.

What you'll be doing:

  • Lead the development and upgrade of the quality of actuarial investigations and evaluation of the financial well-being of the enterprise.

  • Lead in the development of risk/return pricing standards and risk management methodologies based on actuarial and capital markets/economic principles.

  • Partner on strategic reinsurance opportunities and analysisAssist in the review of new product strategies, development, design, pricing, and implementation.

  • Leverage Economic Capital (EC) and other risk metrics across all risks and helps develops analytics to influence strategy such as potential ALM, investing activities, and management actions

  • Partner on the development and expansion of the enterprise model and analytics.

  • Implement process improvements, consistency, governance, controls, and oversight.

  • Develop knowledge about company operations, systems, and actuarial methodologies.

  • Continually look for opportunities to add value to the enterprise by partnering with the businesses on strategic projects.

  • Establish effective working relationships throughout the organization, both at the corporate level and within the businesses.

  • Acts as a subject matter expert on all product lines in terms of product knowledge, modeling approach, and reserve requirements, and partners with other areas of the organization regarding analysis of industry evolving topics.

  • Assist in the establishment of financial risk methodologies for Lincoln Financial with an emphasis on developing financial metrics, standards and frameworks based on different lenses (actuarial, capital markets) for analyzing risk-return trade-offs.

  • Extend from existing traditional actuarial accounting (statutory, GAAP) metrics to economic/capital market principles-based metrics & tools to evaluate risk return trade-offs in core decisions (e.g. product development, investment management, asset liability management, capital management).

  • Stays current on industry developments and drives toward solutions when appropriate

  • Researches and prepares briefings on status of key projects and initiatives to senior leaders

  • Participates or leads workgroups by evaluating issues and problems of strategic significance


  • Provides subject matter expertise to team members and applicable internal/external stakeholders on complex assignments/projects for his/her assigned area(s) of responsibility.

  • Maintains knowledge on current and emerging developments/trends for assigned area(s) or responsibility, assess the impact, and collaborates with senior management to incorporate new trends and developments in current and future solutions.

  • Leads actuarial projects and proactively identifies challenges and resolutions.

  • Provides subject matter expertise on actuarial models and assumption development and suggests new ways of managing risk.

  • Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace.

What we're looking for:

  • 12+ years of experience in actuarial science that directly aligns with the specific responsibilities for this position

  • 5+ years management experience

  • Undergraduate degree

  • FSA designation or ASA designation with substantial additional years actuarial experience

  • Other advanced designations a plus – CFA, CERA, FRM

  • Advanced knowledge of insurance, investments, and enterprise risks.

  • Advanced understanding and knowledge of STAT and GAAP requirements. Demonstrated knowledge of life insurance and annuity mechanics and product strategies. Excellent written and verbal communication skills.

  • Demonstrated ability to analyze and propose solutions for a range of technical actuarial issues

  • Demonstrates strong project management leadership skills including, critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines.

  • Demonstrated ability to identify and recommend process improvements.

  • Proficiency and desire to leverage emerging data science, predictive analytics, and data visualization capabilities

Computer skills:

  • Advanced proficiency with Excel, Word, PowerPoint

  • Proficiency with actuarial valuation and projection software systems

  • Familiarity with VBA, C++, C#, JAVA, or other programming languages a plus

  • Access, SAS, or other data management packages

  • o Tableau and Dataiku or similar packages


12+ Years of experience years in actuarial science that directly aligns with the specific responsibilities for this position, including 5+ years of management, strategy, and influencing senior management/critical stakeholders experience (Required )

What’s it like to work here?

At Lincoln Financial Group, 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:

  • A clearly defined career framework to help you successfully manage your career

  • 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

  • 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

Work Arrangement

Hybrid/Home : Employees will work from home generally three days each week and come into a Lincoln office on a schedule their manager will help set, following any applicable in-office training period determined by their manager.

About The Company

Lincoln Financial Group, a Fortune 200 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas — Life Insurance, Annuities, Retirement Plan Services and Group Protection — focus on supporting, preserving and enhancing over 17 million customer’s lifestyles and retirement outcomes.

Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $324 billion in end-of-period account values as of June 30, 2021.

Ranked one of the Best Large Employers in America and Best Employers for Women by Forbes magazine as well as one of Newsweek’s Most Responsible Companies, Lincoln Financial Group makes a serious investment in our employees’ futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals.

Lincoln is committed to creating a diverse and inclusive ( environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, we earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index. Follow us on Facebook ( , Twitter ( , LinkedIn ( , and Instagram ( . Sign up for email alerts at

Be Aware of Fraudulent Recruiting Activities

If you are interested in a career at Lincoln, we encourage you to review our current openings and apply on our website. Lincoln values the privacy and security of every applicant and urges all applicants to diligently protect their sensitive personal information from scams targeting job seekers. These scams can take many forms including fake employment applications, bogus interviews and falsified offer letters.

Lincoln will not ask applicants to provide their social security numbers, date of birth, bank account information or other sensitive information in job applications. Additionally, our recruiters do not communicate with applicants through free e-mail accounts (Gmail, Yahoo, Hotmail) or conduct interviews utilizing video chat rooms. We will never ask applicants to provide payment during the hiring process or extend an offer without conducting a phone, live video or in-person interview. Please contact Lincoln's fraud team at if you encounter a recruiter or see a job opportunity that seems suspicious.

Additional Information

This position may be subject to Lincoln’s Political Contribution Policy. An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincoln’s current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.

Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial Group are considered property of Lincoln Financial Group and are not subject to payment of agency fees.

Lincoln Financial Group (“LFG”) is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, Veteran status, or genetic information. Applicants are evaluated on the basis of job qualifications. If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/TDD assistance, contact us by calling 260-455-2558.

This Employer Participates in E-Verify. See the E-Verify notices. (

Este Empleador Participa en E-Verify. Ver el E-Verify avisos. (

Lincoln Financial Group ("LFG") is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, veterans status, or genetic information. Opportunities throughout LFG are available to employees and applicants and are evaluated on the basis of job qualifications. We have a drug free work environment and we perform pre-employment substance abuse testing.