Actuary (Remote)

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 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 ASA and FSA level Actuary candidates for an open Valuation Actuary position on the UL 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 highly visible role will interact with other departments and individuals within the organization and play a key role interacting with Finance by analyzing key drivers of earnings. This position is responsible for performing Statutory, GAAP and Tax valuation of life products using the PolySystems suite of financial systems applications. These financial reporting responsibilities take up about 3 weeks each quarter.  The remainder of their time will be spent maintaining our valuation and business plan models by directing and validating model updates/changes.

Responsibilities

• Performing quarterly valuations and earning variance analysis.
• Providing guidance and review for calculation of Stat, Tax, and GAAP reserves and intangible assets.
• Preparing and reviewing SOX controls.
• Maintain and improve the valuation and business plan modes
• Supervise model updates/changes and analyze impact of changes
• Improving processes related to valuation
• Provide support for implementation of new products
• Develop new reporting / analysis tools as necessary
• Work closely with other Valuation and Financial reporting teams
• Other job duties as assigned, including ad hoc management reports
• Interact with other departments and individuals within the organization

Qualifications/Education

• Bachelor’s degree
• Ideal candidate will be an ASA or FSA level actuary
• 3 or more years of experience as an actuary within the insurance industry
• Previous valuation experience preferred
• Previous experience analyzing and modeling BOLI and COLI business preferred
• Excellent spreadsheet and database skills
• Ability to learn new software
• Hard working
• Analytical and inquisitive
• Ability to work independently or on a team
• Excellent communication skills
• Experience using PolySystems is preferred
This position is a Virtual/work from home position subject to our virtual workplace standards.

Protective’s targeted salary range for this position is $122,000 to $180,000. 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] OR [through cash compensation as part of a sales incentive plan (SIP).
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 all skills and abilities. Our aim is to create an equitable 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.
Accommodations for Applicants with a Disability:If you require an accommodation to complete the application and recruitment process due to a disability, please email martina.winston@protective.com.This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.Please note that the above email is solely for individuals with disabilities requesting an accommodation.  General employment questions should not be sent through this process. Apply