1

Summer Actuarial Development Program Jobs in Springfield, MA

The Actuarial Development Program is a full-time, dynamic, 4 1/2 year (minimum) program designed to develop individuals entering the Actuarial field into future leaders. The program provides you with ...

next page

Showing results 1-20

Summer Actuarial Development Program information

See Springfield, MA salary details

$50.8K

$113.3K

$157.4K

How much do summer actuarial development program jobs pay per year?

As of Sep 4, 2026, the average yearly pay for summer actuarial development program in Springfield, MA is $113,281.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,200.00 and $126,600.00 per year, depending on experience, location, and employer.

What is the difference between Summer Actuarial Development Program vs Actuarial Analyst?

AspectSummer Actuarial Development ProgramActuarial Analyst
CredentialsTypically students pursuing actuarial exams, no full certification requiredUsually holds or is pursuing actuarial exams, often with a degree in mathematics or related field
Work EnvironmentInternship setting, temporary, focused on training and exposureFull-time role, responsible for ongoing actuarial work and analysis
Employer & Industry UsageUsed by insurance companies, consulting firms during summer internshipsFull-time employment in insurance, consulting, or financial services

The Summer Actuarial Development Program is a temporary internship designed to train aspiring actuaries, while an Actuarial Analyst is a full-time role requiring more experience and ongoing exam progress. The program offers exposure and training, whereas the analyst role involves performing actuarial tasks regularly.

What job categories do people searching Summer Actuarial Development Program jobs in Springfield, MA look for?

The top searched job categories for Summer Actuarial Development Program jobs in Springfield, MA are:

What cities near Springfield, MA are hiring for Summer Actuarial Development Program jobs?

Cities near Springfield, MA with the most Summer Actuarial Development Program job openings:

Infographic showing various Summer Actuarial Development Program job openings in Springfield, MA as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 14% Part Time, 1% Temporary, and 3% Contract. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution, with an average salary of $113,281 per year, or $54.5 per hour.

Actuarial Analyst, Executive Benefits

Lincoln Financial

Hartford, CT • Hybrid

$94K - $151K/yr

Full-time

Medical, Retirement, PTO

Re-posted 20 days ago


Lincoln Financial rating

7.4

Company rating: 7.4 out of 10

Based on 73 frontline employees who took The Breakroom Quiz

235th of 315 rated insurance


Job description

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

 Work Arrangement:

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

Relocation assistance:  is not available for this opportunity.

Requisition #: 76269

The Role at a Glance

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  

As an Actuarial Analyst in the Executive Benefits team, you will play a significant role in helping shape the future of the institutional product offerings for Lincoln. This visible role will help guide transformation efforts and lead special projects to enhance the overall pricing and reporting process.

What you'll be doing

Inforce Management - Perform monthly and quarterly tasks to provide rates for executive benefit products including COLI/BOLI and PPLI products
Pricing Analysis - Perform pricing analysis using model output and product illustration software (Andesa), analyze pricing results for EB Products, support in the development of appropriate assumptions and model maintenance. Begin to develop pricing strategies and provide consultation/clarification on actuarial models and risk issues. Engage with the product development team on product design to meet or exceed profitability and sales objectives. Present results to team members, working groups, key business partners, and management.
Actuarial/ Technical Support - Maintain existing actuarial pricing models and tools; proactively identify and implement improvements. Maintain relationship with brokers; review and run product illustrations to support case pricing
Special Projects - Participate in ad hoc projects related to product development, implementation, and inforce management
Pricing Documentation - Prepare reports summarizing crediting rates for EB products and complete ad hoc requests

What we're looking for

MG-ALFA Modeling experience
1-4 years of actuarial experience 
Strong analytical and problem solving skills
Strong technical skills
Effective written and verbal communication skills
Independent, motivated, and collaborative

Application Deadline

Applications for this position will be accepted through October 3rd, 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 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 (866) 922-6543.

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

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


What Lincoln Financial employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Lincoln Financial logo

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