Actuarial Analyst

Summary

Join Protective and contribute to our mission of protecting millions. As an Actuary, you will develop and produce financial and actuarial analyses to support business growth. Your responsibilities include developing and maintaining data understanding, creating accurate monthly reserves, assisting with experience studies and financial projections, and producing rates for underwriting systems. You will collaborate with various business partners and consistently demonstrate a self-starter attitude. This role requires a Bachelor's degree, 0-5 years of experience, and 1-3 actuarial exams. Protective offers a competitive salary and a comprehensive benefits package.

Requirements

• Bachelor’s Degree in Math, Statistics, Computer Science or other degree with strong math background
• 0-5 years related analytical/insurance experience
• 1-3 actuarial exams or equivalent
• Strong technical skills including Excel and some database experience (SAS, SQL, and/or Access)
• Some programming experience, ideally including VBA
• Strong business writing skills

Responsibilities

• Develop and maintain a deep understanding of data sources and ability to query databases to support both production and ad-hoc analysis
• Develop accurate monthly reserves and associated financial reporting across products according to established timelines
• Assist with the development of various experience studies and financial projections
• Produce PFML and other rates for underwriting systems from established models
• Assist with development and maintenance of actuarial databases
• Assist with the development of regulatory exhibits and filings as required
• Perform ad-hoc actuarial analyses as requested
• Assist in training of new hires as requested
• Assist in the pricing of new products as requested
• Maintain highly productive and collaborative business relationships with business partners in finance, claims, IT, sales and underwriting
• Consistently display “self-starter” attitude, willing to independently learn and apply new technical knowledge
• Maintain satisfactory exam performance per the ShelterPoint Actuarial Program

Benefits

• 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
• Contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching
• ProHealth Rewards, Protective’s platform to improve wellbeing while earning cash rewards
• Annual incentive based on individual and Company performance
• Cash compensation as part of a sales incentive plan (SIP)