Actuarial Assistant / Assistant II

11 hours, 48 minutes ago
Full-time
Junior
Data Science and Analytics
Protective Life

Protective Life

Protective Life Insurance Company offers financial security through insurance and investment products, serving people and protecting families for over a century.

Insurance
1K-5K
Founded 1907

Description

  • Support quarterly valuation and financial reporting processes for Universal Life products.
  • Prepare and analyze Statutory, GAAP, and Tax reserves and related financial results.
  • Analyze period-over-period financial results, explain key drivers, and document findings.
  • Maintain, test, and enhance valuation models and supporting processes.
  • Assess the impact of model, assumption, and methodology updates on financial results.
  • Support actuarial testing, regulatory reporting, and governance activities.
  • Develop analytical tools, reporting solutions, and process automation initiatives to improve efficiency.
  • Provide valuation support for new products, product enhancements, and strategic initiatives.
  • Prepare reports, exhibits, and documentation to communicate results and recommendations.
  • Collaborate with Finance, Financial Reporting, Pricing, Modeling, and other actuarial teams.

Requirements

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative field.
  • Minimum of two actuarial exams completed.
  • Commitment to continued actuarial exam progress.
  • Strong quantitative, analytical, and problem-solving skills.
  • Interest in life insurance valuation, financial reporting, and actuarial modeling.
  • Strong analytical and problem-solving skills with attention to detail.
  • Excellent verbal and written communication skills.
  • Ability to work collaboratively across teams and manage multiple priorities.
  • Strong proficiency in Microsoft Excel.
  • Experience with databases and SQL or similar query technologies.
  • Programming experience or aptitude with VBA, Python, PowerShell, or similar tools.
  • Familiarity with actuarial modeling systems; PolySystems experience is a plus.
  • Knowledge of life insurance valuation concepts and financial reporting frameworks.
  • Experience with Power BI, Tableau, Power Query, or similar tools is a plus.
  • Four or more actuarial exams completed (preferred).
  • Significant progress toward ASA designation (preferred).
  • Actuarial experience in valuation, financial reporting, modeling, pricing, or related analytical functions (preferred).
  • Experience in the insurance or financial services industry (preferred).
  • Exposure to Statutory, GAAP, and Tax valuation methodologies (preferred).

Benefits

  • Company-sponsored study time for actuarial exams and modules.
  • Reimbursement for approved exam fees, study materials, and select preparation seminars.
  • Competitive exam-based salary increase opportunities.
  • Mentorship and career guidance from experienced actuarial leaders.
  • Rotational development opportunities for broader actuarial and business experience.
  • Paid membership dues for key actuarial professional organizations.
  • Comprehensive health, dental, and vision insurance.
  • Mental health benefits and an employee assistance program.
  • Paid time off, paid parental leave, short-term disability, and a cultural observance day.
  • 401(k) plan with company matching, a pension plan, and healthcare account contributions.

Interested in this position?

Apply directly on the company website

Apply Now

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