The Associate Actuary will perform valuations and projections for Traditional Life Insurance, interact with finance teams, and improve reporting tools, while maintaining business models.
The work we do has an impact on millions of lives, and you can be a part of it.
We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.
We are seeking ASA or near-FSA level Actuarial candidates for an open position on the Traditional Life Valuation Team. The person selected for this role will help drive the overall success of the valuation team and the company’s critical financial reporting obligations. This role will interact with other departments and individuals within the organization and play a key role interacting with Finance by analyzing key drivers of earnings. This position is responsible for performing valuation and projections of Traditional Life business using Polysystems software. These financial reporting responsibilities take up about 3 weeks each quarter. The remainder of his/her time will be spent playing an essential role in LDTI implementation and processes, as well as maintaining our valuation and business plan models.
Responsibilities:
- Performing quarterly valuation/projections and earnings variance analysis.
- Preparing monthly, quarterly and annual reports for internal and third-party clients.
- Maintaining and improving the valuation/projection models.
- Design, implement, and analyze impacts of model updates and improvements
- Streamlining the valuation and projection processes.
- Developing/automating tools for reporting/analysis as needed.
- Participating in LDTI implementation.
- Other job duties as assigned, including ad hoc management reports.
- Interact with other departments and individuals within the organization.
Qualifications:
- Bachelor’s degree
- Ideal candidate will be an ASA or near FSA level actuary
- Experience as an actuary within the insurance industry
- Previous valuation or projections experience preferred
- Excellent spreadsheet and technical skills
- Ability to learn new software
- Hard working
- Analytical and inquisitive
- Ability to work independently or on a team
- Excellent communication skills
- Traditional Life Insurance experience is preferred
- Experience using valuation and projection software. PolySystems software experience is a plus.
Employee Benefits:
We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). The financial health of our employees is just as important as physical and emotional health. Some of the financial wellbeing benefits include contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective’s platform to improve wellbeing while earning cash rewards.
Eligibility for certain benefits may vary by position in accordance with the terms of the Company’s benefit plans.
Accommodations for Applicants with a Disability:
If you require an accommodation to complete the application and recruitment process due to a disability, please email [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.
Please note that the above email is solely for individuals with disabilities requesting an accommodation. General employment questions should not be sent through this process.
We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing an inclusive workforce.
Top Skills
Polysystems Software
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