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Protective

Protective

Actuary, Product (Remote)

Actuary, Product (Remote)

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Job Details
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Uploaded On
August 24, 2023
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Location
Work From Home
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Remote?
Yes
Salary
$
116
k-$
178
k
Glassdoor Ratings
""
Recommend to a Friend
77%
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Overall Score
4.3

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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.

Lead actuarial pricing and modelling initiatives for the Variable Annuity (VA) Product Development team. This includes new product development as well as management of inforce products. Location flexible as hiring manager is fully remote. 

Responsibilities:

  • Collaborate effectively with all actuarial stakeholders on pricing (e.g. secure risk approvals, align with existing internal methodologies)
  • Collaborate effectively with non-actuarial product stakeholders to ensure that product effectively reaches the target market (e.g incorporate sales feedback, support marketing materials).
  • Serve as VA product representative for various product maintenance needs (fund partner responses, regulatory filings, etc)
  • Create and deliver financial projections (Statutory and GAAP) that rely on modelling best practices (currently using GGY AXIS for VA).
  • Serve as a product expert for any questions that concern their pricing and modeling initiatives.
  • Ensure pricing analysis is robust, and timely
  • Perform data analysis on experience data, which could include SQL code, as well as concepts from predictive analytics.
  • Perform peer reviews on other qualified actuarial work products
  • Automate processes for efficiency and to reduce the potential for error. 
  • Qualifications:

  • 5–7-years of industry experience preferred
  • 1-2 years of VA or VUL experience required
  • FSA or career ASA required
  • Proven track record of leading Variable Annuity pricing or valuation initiatives
  • Experience modelling in GGY AXIS ideal
  • Experience interfacing with sales/distribution staff for product training and product feedback a plus
  • Experience with VA/VUL Illustrations ideal
  • Experience with SQL
  • Excellent communication skills
  • Initiative to learn and grow is a must -- a drive to establish/maintain relationships
  • Protective’s targeted salary range for this position is $116,000 to $178,311. 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].

    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.
    Apply Now

    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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