Vice President, ALM Actuary (remote)

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.
This is a specialized role that requires in-depth knowledge of life and annuity products, asset-liability management, reinsurance strategies, and capital analysis. This will be a highly visible role in the organization, reporting to the SVP and Treasurer, that requires meaningful collaboration across various parts of the organization, and the ability to communicate complex actuarial topics to both actuaries and non-actuaries.
Protective is committed to growing through both our retail and acquisition segments.  This role will be expected to support various strategic initiatives, and ongoing operations that require treasury, ALM, and actuarial support.

Responsibilities:

• Lead and incorporate scenario-based models that will support asset-liability management function.
• Collaborate with asset-liability management and enterprise risk management teams on interest rate and market risk management.
• Develop analytics and processes that will refine offshore reinsurance strategy and work across different groups to support and enhance the company’s reinsurance strategy.
• Responsible for identification and implementation of various strategies that align with the company’s growth initiatives.
• Support the company’s acquisition strategy through due diligence efforts, ALM modeling support, and leading Treasury related acquisition integration.
• Support our capital planning process with actionable inputs that align with our corporate strategy.
• Support our Strategic Asset Allocation work and related projects undertaken by the Investment and asset-liability management teams.
• Provide thought leadership and knowledge sharing to members of the team.
• Participate in relevant actuarial, risk, and ALM committees. 

Knowledge, Skills, Attributes

• Strong understanding of life insurance and annuity liabilities and related cash flows.
• Knowledge of reinsurance solutions, including offshore structures to optimize capital and returns.
• High level knowledge of investment/asset cash flows for asset classes commonly used by insurers
• Excellent verbal and written communication skills
• Strong project management skills
• Strong analytical skills with significant attention to detail and accuracy

Requirements:

• 10+ years of actuarial experience with focus on capital analysis, risk management, cash flow testing, reinsurance, and liability modeling
• FSA and Member of American Academy of Actuaries (MAAA)

Protective’s targeted salary range for this position is $170,000 to $250,000. 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.
Employee Benefits:  We aim to protect our employees' wellbeing through a broad benefits offering. For example, we protect physical wellbeing through health, dental and vision insurance. We protect mental wellbeing through mental health benefits and an employee assistance program. We protect time away from work with a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). We protect financial wellbeing through 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.
Diversity and Inclusion: At Protective, we are committed to providing an inclusive culture where all employees are able to fully contribute and thrive. Our goal is to grow and develop our people, attract diverse talent and support strong, diverse communities.
We support diversity, equity, and inclusion by working to develop a culture of inclusion and belonging led by leaders who develop potential and embrace unique skills and abilities. Our aim is to create an equitable and accountable environment for all leaders and employees that will drive performance and impact business strategy. In this way, we can increase overall diversity for leadership roles and pipelines of talent by maturing our hiring practices, robust development opportunities and focus on retention of key talent.