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Protective

Protective

Actuarial Assistant II (Remote)

Actuarial Assistant II (Remote)

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Job Details
""
Uploaded On
August 31, 2024
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Location
Birmingham, United States
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Remote?
Yes
Company Overview
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Headquarters
Birmingham, AL
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Number of Employees
3000
Estimated Number of Actuaries
95
Salary
$
76
k-$
100
k
Glassdoor Ratings
""
Recommend to a Friend
77%
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Overall Score
4.3

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The Universal Life Projections team is looking for a candidate to perform projections and advanced analytics to support all regulatory and business requirements, including the following:
• Business Plan
• Embedded Value, including Value of New Business
• Annual cash flow and RBC testing
• International Capital Standards

Perform projections and advanced analytics related to in-force business, including:
• Analysis of period-over-period projection results at a company and product level; explaining, documenting, and communicating

changes
• Dynamic validations of projection models at a company and product level
• Support other areas of the company when questions arise about actual experience, reinsurance notices, possible acquisitions,

etc.
• Develop tools to support analysis of results more effectively, including implementation of new technology like visual analysis

software
• Provide modeling expertise, testing, and analysis for implementing new functionality in models, which may include dynamic

assumptions, predictive models, and future point stochastic modeling
• Create reports, memos and documentation needed to effectively communicate results and explain changes to period-over

period results

For actuarial positions within the Actuarial Program, we aim to develop employees both through completion of actuarial examination and through practical experience. We support employees through the completion of the actuarial examination and credentialing process via competitive paid study time and full coverage of exam expenses (SOA exam fees and exam preparation material). We also provide well-rounded experience via rotations across job functions and product lines.

Eligibility for certain aspects of the Actuarial Program vary by position and are dependent upon the employee staying within good standing with the Actuarial Program.

Qualifications:
    • BA/BS Degree in Actuarial Science, Mathematics, Statistics, and/or related major
    • The ideal candidate would have 2-3 years of actuarial experience related to asset/liability modeling, pricing, or financial reporting
    • Experience with PolySystems is a plus, but not required
    • Excellent verbal and written communication skills
    • Ability and curiosity to drill into questions and issues to gain full understanding in order to share insights and explanations.
    • Able to work well in a collaborative environment
    • Experience with SQL and visual analytics software like Power BI or Tableau is a plus. The ability to learn and adapt to these programs is a requirement


Protective's targeted salary range for this position is $76,000 to $100,000. Actual salaries may vary depending on factors, including but not limited to, job location, skills, and experience. The range listed is just one component of Protective's total compensation package for employees.

This position also offers additional incentive opportunities through an annual incentive based on individual and Company performance.
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Working at 

Protective

Protective is a leading insurance and financial services company dedicated to providing individuals and businesses with peace of mind and financial security. With a rich history that spans over a century, Protective has earned a strong reputation for its commitment to customer-centric solutions. As an actuary at Protective, you'll be part of a dynamic team that plays a crucial role in assessing and managing risks. Actuaries at Protective utilize advanced statistical models and data analysis techniques to evaluate risks, develop pricing strategies, and ensure the financial stability of the company's insurance products. Protective offers a diverse range of insurance solutions, including life insurance, annuities, and asset protection products. Actuaries collaborate with cross-functional teams to analyze data, monitor trends, and develop innovative solutions that meet the evolving needs of customers. Professional growth is highly valued at Protective, and the company provides actuaries with ongoing training and development opportunities. Actuaries have the chance to enhance their skills and stay at the forefront of industry advancements while contributing to the company's success. Join Protective's esteemed actuarial team and embark on a fulfilling career where you can make a meaningful impact on the financial well-being of individuals and businesses. Enjoy competitive benefits, a supportive work environment, and the opportunity to shape the future of the insurance industry.

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