Actuarial Assistant II - Associate Actuary

Protective•Birmingham, AL

1d•$78,000 - $135,000

About The Position

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. Protective is seeking an Actuarial Assistant II or Associate Actuary to join our Actuarial Life Projections team. This role is critical in performing projections and advanced analytics to support regulatory and business requirements, including business planning, embedded value analysis, cash flow testing, and capital standards. A successful candidate will analyze in-force business, develop tools to improve efficiency, and provide modeling expertise for new functionality. This position offers the opportunity to work on complex projects, collaborate across departments, and contribute to strategic decision-making.

Requirements

Strong analytical and problem-solving skills with attention to detail.
Excellent verbal and written communication skills.
Ability to work collaboratively across teams.
Familiarity with actuarial modeling systems; experience with PolySystems is a plus.
Knowledge of Statutory and U.S. GAAP valuation methodologies.
Proficiency or willingness to learn SQL and visual analytics tools such as Power BI or Tableau.
3–4 years of actuarial experience in asset/liability modeling, pricing, or financial reporting.

Nice To Haves

Near-ASA or recent ASA designation preferred.
Experience with PolySystems is a plus but not required.
Strong curiosity and ability to drill into issues for deeper understanding.

Responsibilities

Perform projections and analytics for business planning, embedded value (including value of new business), annual cash flow and risk-based capital (RBC) testing, and international capital standards.
Analyze period-over-period results at company and product levels, explain changes, and document findings.
Validate projection models dynamically and support inquiries related to experience, reinsurance, and acquisitions.
Develop tools and implement new technology such as visual analytics software to enhance analysis.
Provide modeling expertise for new functionality, including dynamic assumptions, predictive models, and stochastic modeling.
Prepare reports, memos, and documentation to communicate results effectively.

Benefits

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).
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.

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