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 non-rotating ASA and FSA level Actuary candidates for an open valuation 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 exciting role will interact with other departments including Experience Studies, Emerging Issues, Projections, and Finance teams within the organization and play a key role in developing new processes for LDTI. This position is responsible for developing history and valuation data strategies for LDTI using the PolySystems software. The remainder of their time will be playing an essential role in maintaining our valuation and business plan models, often validating model updates/changes.

Responsibilities:

Primary responsibility for the next 2 years will be to lead projects related to developing and implementing procedures to create historic data and valuation files for LDTI

Improving processes related to valuation and projection

Focus will be part of strategic teams to develop, test and implement new practices for LDTI

As schedules and projects allow, may collaborate with other valuation team members whose focus includes:

Providing guidance and review for calculation of Stat, Tax, and GAAP reserves

Preparing and reviewing SOX controls

Maintain and improve the valuation and business plan models

Design, implement, and analyze impacts of model updates and improvements

Coordinate with Pricing for reconciliation and implementation of new products

Develop new reporting / analysis tools as necessary

Work closely with other Valuation and Financial reporting teams

Performing quarterly valuations and earnings variance analysis

Other job duties as assigned, including ad hoc management reports

Qualifications:

Bachelor’s degree

Ideal candidate will be an ASA or FSA level actuary

Experience as an actuary within the insurance industry

Previous valuation 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.

Protective’s targeted salary range for this position is $105,00 to $160,000. 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].

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.

Protective

Associate Actuary, Trad Life and LDTI (Remote)

Associate Actuary, Trad Life and LDTI (Remote)

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