Job responsibilities:
- Review product documentation and policy forms, both determining and documenting requirements for product rules and system modifications
- Perform research and analysis of products and provide guidance to other team members that require actuarial support
- Utilize system and product data to analyze and determine the calculations being performed in administration and illustration systems
- Perform and support product, modification, and system interface testing
- Coordinate and manage testing with internal Valuation and Financial Reporting teams, including documenting and tracking bugs and errors
- Analyze errors encountered during the conversion process and assist in determining appropriate resolutions
- Compare data and reconciliation balancing differences between systems being converted and the targeted system and identify source(s) of differences
- Assist in the creation, adoption, and improvement of job aids, tools, and methodologies to support a repeatable conversion and regression testing process
- Manage assigned projects and tasks to meet deadlines; provide weekly status updates
- Provide documentation for audit purposes and to aid in transferring knowledge to other areas
- Plans, schedules, and executes multiple concurrent activities while remaining flexible to frequent changes
- Provide product and production support for products and policies that are implemented/converted onto our administration systems
Requirements:
- Post-secondary degree in Actuarial Science, Mathematics, or related field
- 10+ years supporting life insurance and annuity products
- ASA designation; Career ASA preferred; (will consider prior actuarial student who has relevant experience and is no longer taking exams)
- Strong mathematical and problem-solving skill set is required
- Ability to perform in-depth research is required
- Motivated; team-oriented; capable of learning new systems and tools quickly; works well in a dynamic, fast-paced environment
- Experience with databases, data analytic/transformation tools, and/or advanced Excel
Protective's targeted salary range for this position is $81,000 to $130,000. 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.
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.