Corporate 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.
We are seeking an FSA level Actuary to lead M&A modeling efforts on the Corporate Actuarial Team. The person selected for this role will help drive the overall success of the Corporate Actuarial Team and the company’s M&A model development.  This highly visible role will interact with other departments and individuals within the organization and develop, maintain, and improve the acquisition model. This position is responsible for developing Statutory, GAAP and Tax projections on various blocks of business by modifying output from actuarial software. These acquisition opportunities are not predictable in their timing.  The remainder of your time will be playing an essential role in other corporate actuarial initiatives.  There is potential for management opportunities depending on level of experience and previous management background. 
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. 

Responsibilities:

• Model various M&A opportunities on a stat, tax and GAAP basis and present results to management
• Maintain and improve the acquisition template model that is the starting point for various opportunities
• Improve processes related to M&A diligence and modeling
• Collaborate with key business areas such as corporate development, finance, tax, risk management, experience studies, corporate modeling, and product development
• Develop new reporting / analysis tools as necessary
• Develop tools to help analyze key diligence issues on deals
• Create models to identify opportunities to improve in force earnings
• Evaluate potential new lines of business for Protective
• Other job duties as assigned, including ad hoc management reports

Qualifications:

• Bachelor’s degree
• Ideal candidate will be an FSA level actuary with 7+ years of experience in the life insurance industry
• Excellent excel spreadsheet and technical skills with financial modeling experience
• Previous M&A or reinsurance experience preferred
• Ability to communicate complex concepts to a variety of stakeholders
• Hard working and dedicated
• Analytical and inquisitive
• Ability to work independently or on a team
• Driven self-starter
• Previous staff management experience a plus
• Understanding of common actuarial systems (ALFA, Poly, Prophet) a plus

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.