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Actuary Development Programs Jobs (NOW HIRING)

What you'll do As an employee in the Actuarial Development Program, your day-to-day activities will be dependent on the function you are supporting and are expected to change throughout your ...

What you'll do As an employee in the Actuarial Development Program, your day-to-day activities will be dependent on the function you are supporting and are expected to change throughout your ...

Actuary - US Programs

New York, NY · On-site

$127K - $149K/yr

Actuary - US Programs At AIG, we are reimagining the way we help customers to manage risk. Join us ... Support rate filings for admitted programs, collaborating with product development and general ...

Actuary - US Programs

Boston, MA

$126K - $148K/yr

Actuary - US Programs At AIG, we are reimagining the way we help customers to manage risk. Join us ... Support rate filings for admitted programs, collaborating with product development and general ...

Actuary - US Programs

Jersey City, NJ · On-site

$121K - $143K/yr

Actuary - US Programs At AIG, we are reimagining the way we help customers to manage risk. Join us ... Support rate filings for admitted programs, collaborating with product development and general ...

Actuary - US Programs

Chicago, IL · On-site

$120K - $141K/yr

Actuary - US Programs At AIG, we are reimagining the way we help customers to manage risk. Join us ... Support rate filings for admitted programs, collaborating with product development and general ...

Actuary - US Programs

Atlanta, GA

$112K - $131K/yr

Actuary - US Programs At AIG, we are reimagining the way we help customers to manage risk. Join us ... Support rate filings for admitted programs, collaborating with product development and general ...

Actuary - US Programs

Parsippany, NJ · On-site

$117K - $137K/yr

Actuary - US Programs At AIG, we are reimagining the way we help customers to manage risk. Join us ... Support rate filings for admitted programs, collaborating with product development and general ...

Actuary - US Programs

Philadelphia, PA · On-site

$117K - $138K/yr

Actuary - US Programs At AIG, we are reimagining the way we help customers to manage risk. Join us ... Support rate filings for admitted programs, collaborating with product development and general ...

Sr Actuary

Orlando, FL · Hybrid

$113K - $205K/yr

A Senior Actuary is a non-rotational position outside of Hannover Re's Actuarial Development Program ("ADP"). The Senior Actuary's primary responsibility is to lead the experience study process for ...

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Actuary Development Programs information

See salary details

$113K

$131.8K

$137.5K

How much do actuary development programs jobs pay per year?

As of Jun 23, 2026, the average yearly pay for actuary development programs in the United States is $131,841.00, according to ZipRecruiter salary data. Most workers in this role earn between $116,500.00 and $137,000.00 per year, depending on experience, location, and employer.

What are Actuary Development Programs?

Actuary Development Programs are structured training initiatives offered by employers—often insurance companies or consulting firms—to help early-career actuaries gain professional experience and pass actuarial exams. These programs typically provide job rotations, mentorship, exam support, and opportunities to work on real-world projects. The goal is to develop well-rounded actuaries who have both technical skills and business acumen. Participants usually receive study time, financial assistance for exam fees, and guidance from experienced actuaries. Completing an actuary development program can accelerate career progression and help participants achieve professional actuarial credentials.

What are the key skills and qualifications needed to thrive in Actuary Development Programs, and why are they important?

To thrive in Actuary Development Programs, you need strong analytical and mathematical skills, a bachelor's degree in a related field, and progress toward actuarial exams. Familiarity with actuarial software, data analysis tools like Excel, and proficiency in programming languages such as Python or R is highly valued. Exceptional problem-solving abilities, attention to detail, and effective communication skills help candidates excel in collaborative and client-facing environments. These skills ensure accuracy in risk assessment and modeling, which are crucial for informed decision-making in insurance and financial industries.

What kinds of projects and responsibilities can participants expect during an Actuary Development Program?

Participants in Actuary Development Programs typically rotate through several departments, working on projects such as pricing insurance products, analyzing risk, forecasting financial outcomes, and assisting with regulatory compliance. These rotations offer exposure to a variety of actuarial functions, allowing participants to develop technical skills and a broad understanding of the business. Collaboration is common, as you'll often work with underwriters, finance professionals, and IT teams. These programs are structured to provide mentorship, study support for actuarial exams, and progressive responsibility to prepare you for advanced actuarial roles.

What is the difference between Actuary Development Programs vs Actuarial Analysts?

AspectActuary Development ProgramsActuarial Analysts
CredentialsTypically pursuing actuarial exams, often with a degree in mathematics or statisticsUsually have completed some exams or are in the early stages of certification
Work EnvironmentStructured training, mentorship, rotational assignments within insurance or finance companiesPerforming data analysis, pricing, reserving, and reporting tasks
Employer & Industry UsageCommon in insurance, reinsurance, and consulting firms for developing future actuariesFound across insurance, pension, and financial services sectors

Actuary Development Programs are designed to train aspiring actuaries through structured learning and rotations, while Actuarial Analysts focus on performing specific actuarial tasks. The programs aim to develop long-term professionals, whereas analysts are often entry-level or early-career roles supporting actuarial teams.

More about Actuary Development Programs jobs
What cities are hiring for Actuary Development Programs jobs? Cities with the most Actuary Development Programs job openings:
What states have the most Actuary Development Programs jobs? States with the most job openings for Actuary Development Programs jobs include:
What job categories do people searching Actuary Development Programs jobs look for? The top searched job categories for Actuary Development Programs jobs are:
Infographic showing various Actuary Development Programs job openings in the United States as of June 2026, with employment types broken down into 25% As Needed, and 75% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $131,841 per year, or $63.4 per hour.
Associate Actuary, Annuity Model Development

Associate Actuary, Annuity Model Development

Lincoln Financial

Radnor, PA • Hybrid

$79K - $145K/yr

Other

Medical, Retirement, PTO

Posted 4 days ago


Lincoln Financial rating

7.5

Company rating: 7.5 out of 10

Based on 68 frontline employees who took The Breakroom Quiz

195th of 261 rated insurance


Job description

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

 Work Arrangement:

Hybrid : Employee will work 3 days a week in a Lincoln office

Relocation assistance:  is not available for this opportunity.

Requisition #: 76088

The Role at a Glance

The ADP Program Overview
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

We're excited to bring on an Actuarial Development Program student to play an integral role focused on developing industry-leading model capabilities. The individual will work with modeling leads and stakeholders to perform model development and testing in the AXIS fixed and fixed index annuity models.

What you'll be doing

Perform development of the fixed and fixed index annuity models to support critical business processes, including Stat, GAAP, Tax Reserve, Asset Adequacy Testing, Asset/Liability Management, Financial Plan, Bermuda BEL, and Economic Capital projections.
Ensure proper documentation, review, and validation of model developments and enhancements.  
Gain a thorough understanding of the existing AXIS fixed and fixed index annuity models and its applications. 
Collaborate on the development of end user tools to support model validation and analysis.
Ensure proper documentation, review, and validation of model developments and enhancements.

What we're looking for

Must have

5+ years of actuarial experience
Experience with Life and/or Annuity products
Actuarial modeling and/or valuation experience, preferably in GGY-AXIS or comparable actuarial modeling software 
Effective communication skills 
Works well in a team environment 


Nice to have

ASA designation from Society of Actuaries
Familiarity with regulatory/accounting/capital frameworks (STAT/GAAP/Tax, CFT/ALM/RBC, Bermuda BEL) 
Experience pricing annuity products and/or working on Cash Flow Testing, Financial Plan, and ALM projections
Competency with Python, SQL, and/or Excel VBA
Experience working with business intelligence tools (e.g. Tableau) 
History of innovation and process improvement 

Application Deadline

Applications for this position will be accepted through July 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 $79,601 - $145,100 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 insurance agents do not provide tax, accounting or legal advice. 

Lincoln is committed to creating an 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. 

Follow us on Facebook, X, LinkedIn, Instagram, and YouTube. For the latest company news, visit our newsroom. 

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 fraudhotline@lfg.com 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 or candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial are considered property of Lincoln Financial and are not subject to payment of agency fees.

Lincoln Financial ("Lincoln" or "the Company") 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, age, national origin or disability. Opportunities throughout Lincoln are available to employees and 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. 


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About Lincoln Financial

Sourced by ZipRecruiter

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.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

Radnor, PA, US

Year founded

1905