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Associate Actuary, ERM Risk Analytics (Remote)

Remote: 
Full Remote
Contract: 
Salary: 
92 - 130K yearly
Experience: 
Senior (5-10 years)
Work from: 

Offer summary

Qualifications:

5+ years relevant work experience, ASA designation or working towards ASA, Knowledge of actuarial regulations.

Key responsabilities:

  • Support development and production of risk metrics
  • Assist in ORSA processes and annuity pricing
  • Participate in model reviews and ad hoc analysis
Protective Life logo
Protective Life Insurance Large https://www.protective.com/
1001 - 5000 Employees
See more Protective Life offers

Job description

The Enterprise Risk Management (ERM) team is responsible for management, monitoring, reporting and oversight of risk on an enterprise level.
This position will be responsible for supporting the development and production of key metrics related to risk management. In this role you will work collaboratively with different functional areas of the organization touching on all aspects of investment, market, and capital risk.
The position will require the right mix of technical and communication skills alongside significant interaction and partnership expected with key areas such as inforce projections, valuation, pricing, ALM, investment and financial planning & analysis.

Responsibilities
  • Development, production, and support of risk metrics including Embedded Value, Economic Solvency Ratio, Value of New Business, and the Insurance Capital Standard
  • Support for the Own Risk and Solvency Assessment (ORSA)
  • Take part in and perform annuity pricing and product reviews
  • Participate in the review and validation of models
  • Assist in ad hoc analysis and project requests
  • Support project planning

  • Required Qualifications/Education
  • 5+ years relevant work experience in life or annuity modeling
  • Associate (ASA) designation or working towards ASA
  • Knowledge of actuarial regulations for life and annuity products
  • Project management skills
  • Can adjust work priorities and deadlines in response to rapidly changing business priorities

  • Preferred Qualifications
  • Annuity pricing and valuation experience
  • Exposure to Embedded Value (EV) and Economic Capital (EC)
  • Knowledge of PolySystems and/or GGY AXIS valuation and projection software
  • 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: Senior (5-10 years)
    Industry :
    Insurance
    Spoken language(s):
    English
    Check out the description to know which languages are mandatory.

    Other Skills

    • Analytical Thinking
    • Verbal Communication Skills
    • Collaboration

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