[ 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 an experienced actuary for an open position on the Bank Owned/Corporate Owned Life Insurance (BOLI/COLI) valuation team. This person will help drive the overall success of the BOLI/COLI valuation team and the company's critical financial reporting obligations. This highly visible position will interact with other departments within the organization and play a key role in analyzing key drivers of earnings through close collaboration with the Finance Department. This position is responsible for performing Statutory, GAAP and Tax valuation of COLI/BOLI policies, which lasts about three weeks each quarter. The remaining time will be focused on implementation of new products, assumption updates, business process improvements, streamlining valuation/projection/reporting processes, and implementation of new regulations.

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.
Responsibilities:

Performing quarterly Stat, Tax and GAAP valuation and earnings variance analysis using Polysystems software

Perform and enhance SOX controls to ensure accuracy of financial reporting

Maintain and improve the valuation and business plan models

Evaluating and communicating impacts of model updates and improvements

Developing automation tools for reporting/analysis as needed

Interacting with other departments and individuals within the organization

Other job duties as assigned, including ad hoc management reports

Qualifications:

Bachelor's degree

Analytical and problem-solving experience within the insurance industry

ASA or recent FSA

Excellent spreadsheet and technical skills such as SQL coding and programming skills

Capable of learning new software and new concepts

Self-starter with ability to work independently and as part of a team

Strong communication and interpersonal skills

Knowledge of FAS 97 products, particularly UL, is preferred

Previous valuation experience using Polysystems software is preferred

Employee Benefits:

We aim to protect our employees' wellbeing through a broad benefits offering. For example, we protect physical wellbeing through health, dental and vision insurance. We protect mental wellbeing through mental health benefits and an employee assistance program. We protect time away from work with a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). We protect financial wellbeing through 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.

Diversity and Inclusion:

At Protective, we are committed to providing an inclusive culture where all employees are able to fully contribute and thrive. Our goal is to grow and develop our people, attract diverse talent and support strong, diverse communities.

We support diversity, equity, and inclusion by working to develop a culture of inclusion and belonging led by leaders who develop potential and embrace unique skills and abilities. Our aim is to create an equitable and accountable environment for all leaders and employees that will drive performance and impact business strategy. In this way, we can increase overall diversity for leadership roles and pipelines of talent by maturing our hiring practices, robust development opportunities and focus on retention of key talent.

We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing the talents of a diverse and inclusive workforce. ]