Actuarial Assistant (Hybrid)

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.
Protective Life Corporation was founded 1907 in Birmingham, AL and offers a broad range of life, specialty insurance and investment products. We are a company supported by values. Our growth and success can be largely attributed to our ongoing dedication to serving people and doing the right thing… for our employees, for our distributors, for the communities in which we operate and most importantly, for our customers.
We are currently seeking actuarial talent to join a team of actuaries and analysts that provides pricing, product development, financial reporting, modeling and actuarial analysis for Protective Life. This position will interact with other teams within the actuarial department, both through daily work, and through an active rotation program allowing students to rotate every 2-3 years.  Through rotation, the candidate can have exposure to a full range of life and annuity products.
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. 

Depending on initial placement in the Actuarial Rotation Program, job duties may include:

• Statutory, GAAP and Tax Valuation of life and annuity products using Polysystems software
• Projections of future earnings and capital using Polysystems software
• Quarterly financial reporting for life and annuity products
• Analysis and verification of results, including performing controls and appropriate documentation
• Integration support for company acquisitions
• Support Polysystems software maintenance, including analyzing impact of changes
• Develop new reporting / analysis tools as necessary
• Collaborate with other actuarial team on cross-functional projects
• Utilize existing and create new analysis/reports, taking advantage of latest technology.
• Modeling and analysis of product cash flows and associated risks to support regulatory requirements and strategic business needs.
• Support the development of innovative customer-focused offerings in accord with the company's financial goals and risk appetite.
• Presenting findings to Pricing Leads in a manner that helps drive business decisions.
• Partnering with the Competitive Intel team in analyzing pricing risks & opportunities.
• Ensuring suitable documentation of results and processes.
• Assist in the creation of meeting documents for senior governance committees.
• Active participation in the actuarial student program, with an ongoing focus on self-development.

Qualifications:

• BA/BS Degree in Actuarial Science, Mathematics, Statistics and/or related major.
• Strong work ethic and drive.
• Completion of at least two actuarial exams.
• Strong spreadsheet and technical skills (i.e. programming / coding).
• Ability to interact professionally and effectively in a team environment.
• Ability to manage concurrent deadlines and multiple priorities.

Preferred Qualifications:

• Experience working in an actuarial or insurance function (e.g. internship or job experience)
• Experience using actuarial pricing software (MG-ALFA preferred) and/or Polysystems
• Technical experience with SQL, VBA macros, programming languages
The qualities that we are looking for in a candidate include:
• Team-oriented
• Self-motivated
• Analytical & inquisitive
• Accountable and results-oriented
• Ability to work independently
• Excellent communication skills
• Leadership potential

Protective’s targeted salary range for this position is $65,000 to $68,000. 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, w