Offer summary

Qualifications:

Bachelor’s degree required, FSA or FCAS level actuary preferred, Experience in employee benefits, P&C, or life insurance industries, Excellent spreadsheet and technical skills..

Key responsibilities:

Lead the Corporate Actuarial M&A modeling team and manage a team of two people

Conduct due diligence on actuarial topics and present results to management

Maintain and improve acquisition models and develop new reporting tools

Collaborate with various business areas and evaluate potential new lines of business.

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 an FSA or FCAS level Actuary to lead the Corporate Actuarial M&A modeling team. The person selected for this role will help drive the overall success of the Corporate Actuarial Team by leading corporate transaction valuations and conducting due diligence on key actuarial topics throughout the acquisition process.

This highly visible role will interact with senior individuals from other departments and will lead the development, maintenance, and improvement of the acquisition models. This position is responsible for developing Statutory, GAAP, tax and capital (e.g., RBC, ICS/ESR, Bermuda EBS) projections on various blocks of business by modifying output from publicly available data, the target company and/or their advisors. In addition, this individual will be involved in due diligence including meetings with target company senior management. These acquisition opportunities are not predictable in their timing. In the remaining time you will play an essential role in other corporate actuarial initiatives such as modeling improvements.

Job Responsibilities

Manage a team of two people

Model various M&A opportunities on a stat, tax, GAAP and various capital bases and present results to management

Perform due diligence on actuarial topics, and coordinate due diligence on other key valuation drivers

Maintain and improve the acquisition template model that is the starting point for various opportunities

Improve processes related to M&A diligence and modeling

Collaborate with key business areas such as corporate development, finance, tax, risk management, experience studies, corporate modeling, ALM, and product development

Provide guidance and review for model modifications made by team members

Develop new reporting / analysis tools as necessary

Develop tools to help analyze key diligence issues on deals

Create models to identify opportunities to improve in force earnings

Evaluate potential new lines of business for Protective

Other job duties as assigned, including ad hoc management reports

Qualifications

Bachelor’s degree required

Ideal candidate will be an FSA or FCAS level actuary

Experience as an actuary within the employee benefits / group, P&C and/or life insurance industry

Excellent spreadsheet and technical skills

Previous M&A or reinsurance experience preferred

Previous staff management experience a plus

Executive presence

Hard working and dedicated

Ability to travel periodically to attend due diligence management meetings

Analytical and inquisitive

Ability to work independently or on a team

Excellent communication skills

Driven self-starter

Ability to deal with imperfect data and information

Willingness to relocate to Birmingham, AL is a plus

Employee Benefits:

We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). The financial health of our employees is just as important as physical and emotional health. Some of the financial wellbeing benefits include 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.

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.

We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing an inclusive workforce.

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