Actuary - Fixed Annuity Projections (Remote) - Work From Home

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.
The candidate will be responsible for inforce projections related to Protective’s Fixed Annuity business, including the projection of income and capital for various business and regulatory purposes.  This role will provide leadership and oversight to resources that develop and run projections for SPDA’s, Fixed Indexed Annuities, Payout Annuities, Stable Value Products, and Immediate Benefit Accounts.   The Actuary reports to the VP Lead Projection Actuary and will have heavy interaction with the Fixed Annuity Valuation teams. Also, the position will have frequent interaction with Accounting, Finance, Risk, and Corporate Modeling areas.

Responsibilities:

• Managing inforce projections supporting all regulatory and business requirements for some or all of the following purposes: business plan, cash flow testing and RBC, embedded value, insurance capital standards, Bermuda reserve and capital
• Ensuring accuracy and completeness of all projections by establishing adequate controls, defining analysis and review metrics, and ensuring documentation is accurate and complete
• Developing and maintaining advanced analytics supporting the review of the projections, which may include: 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
• Lead the effort to calculate Value …