Protective has helped people achieve protection and security in their lives for 115 years. Through its subsidiaries, Protective helps more than 12 million people protect what matters most. Protective’s more than 3,700 employees put people first and deliver on the company’s promises to customers, partners, colleagues and communities — because we’re all protectors. With a long-term focus, financial stability and commitment to doing the right thing, Protective Life Corporation, a wholly owned subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), has grown to about $132 billion in assets, as of Dec. 31, 2021. Protective is headquartered in Birmingham, Alabama, and supported by both robust virtual workforce and core sites in Cincinnati and St. Louis. For more information about Protective, visit www.protective.com.

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

#IND123

Protective’s targeted salary range for this position is $92,000 to $135,000. 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).

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