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Associate Actuary - Traditional Life Valuation (Remote)

Remote: 
Full Remote
Contract: 
Salary: 
92 - 130K yearly
Experience: 
Mid-level (2-5 years)
Work from: 

Offer summary

Qualifications:

Bachelor’s degree, ASA level actuary preferred, Experience as an actuary in insurance, Valuation or projections experience preferred, Technical skills and ability to learn software.

Key responsabilities:

  • Perform quarterly projections and income analysis
  • Maintain and improve valuation and business plan models
  • Design and analyze impacts of model updates
  • Develop reporting and analysis tools as needed
  • Interact with other departments and teams
Protective Life logo
Protective Life Insurance Large https://www.protective.com/
1001 - 5000 Employees
See more Protective Life offers

Job description

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 or near ASA level Actuarial 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 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 projections of Traditional Life business using PolySystems software. These responsibilities take up about 3 weeks each quarter.  The remainder of the time will be playing an essential role in maintaining our valuation and business plan models, often validating model updates/changes. 

Responsibilities
  • Performing quarterly projections and projected income analysis
  • Maintain and improve the valuation and business plan models
  • Design, implement, and analyze impacts of model updates and improvements
  • Improving processes related to projections
  • 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

  • Required Qualifications/Education
  • Bachelor’s degree
  • Ideal candidate will be an ASA level actuary
  • Experience as an actuary within the insurance industry
  • Previous valuation or projections 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 $92,000 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] OR [through cash compensation as part of a sales incentive plan (SIP).

    Required profile

    Experience

    Level of experience: Mid-level (2-5 years)
    Industry :
    Insurance
    Spoken language(s):
    English
    Check out the description to know which languages are mandatory.

    Other Skills

    • Strong Work Ethic
    • Verbal Communication Skills
    • Teamwork
    • Spreadsheets
    • Technical Acumen
    • Analytical Thinking

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