The Universal Life Projections team is looking for a candidate to perform projections and advanced analytics to support all regulatory and business requirements, including the following:
· Business Plan
· Embedded Value, including Value of New Business
· Annual cash flow and RBC testing
· International Capital Standards
Perform projections and advanced analytics related to in-force business, including:
· 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
· Provide modeling expertise, testing, and analysis for implementing new functionality in models, which may include dynamic
assumptions, predictive models, and future point stochastic modeling
· Create reports, memos and documentation needed to effectively communicate results and explain changes to period-over
period results
For actuarial positions within the Actuarial Program, we aim to develop employees both through completion of actuarial examination and through practical experience. We support employees through the completion of the actuarial examination and credentialing process via competitive paid study time and full coverage of exam expenses (SOA exam fees and exam preparation material). We also provide well-rounded experience via rotations across job functions and product lines.
Eligibility for certain aspects of the Actuarial Program vary by position and are dependent upon the employee staying within good standing with the Actuarial Program.
Qualifications: BA/BS Degree in Actuarial Science, Mathematics, Statistics, and/or related majorThe ideal candidate would have 2-3 years of actuarial experience related to asset/liability modeling, pricing, or financial reportingExperience with PolySystems is a plus, but not requiredExcellent verbal and written communication skillsAbility and curiosity to drill into questions and issues to gain full understanding in order to share insights and explanations.Able to work well in a collaborative environmentExperience with SQL and visual analytics software like Power BI or Tableau is a plus. The ability to learn and adapt to these programs is a requirementProtective’s targeted salary range for this position is $76,000 to $100,000. 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.
