Protective Life is hiring a
Associate Actuary

Summary

Join our team as an Actuary to support the conversion and implementation of Life and Annuity products, providing consulting support to IT staff and customers. Analyze proposed needs, evaluate system calculations, develop tools for policy performance, and influence others through teaching and knowledge sharing.

Requirements

• Post-secondary degree in Actuarial Science, Mathematics, or related field
• 10+ years supporting life insurance and annuity products
• ASA designation; Career ASA preferred; (will consider prior actuarial student who has relevant experience and is no longer taking exams)
• Strong mathematical and problem-solving skill set is required
• Ability to perform in-depth research is required
• Motivated; team-oriented; capable of learning new systems and tools quickly; works well in a dynamic, fast-paced environment
• Experience with databases, data analytic/transformation tools, and/or advanced Excel

Responsibilities

• Review product documentation and policy forms, determining and documenting requirements for product rules and system modifications
• Perform research and analysis of products and provide guidance to other team members that require actuarial support
• Utilize system and product data to analyze and determine the calculations being performed in administration and illustration systems
• Perform and support product, modification, and system interface testing
• Coordinate and manage testing with internal Valuation and Financial Reporting teams, including documenting and tracking bugs and errors
• Analyze errors encountered during the conversion process and assist in determining appropriate resolutions
• Compare data and reconciliation balancing differences between systems being converted and the targeted system and identify source(s) of differences
• Assist in the creation, adoption, and improvement of job aids, tools, and methodologies to support a repeatable conversion and regression testing process
• Manage assigned projects and tasks to meet deadlines; provide weekly status updates
• Provide documentation for audit purposes and to aid in transferring knowledge to other areas
• Plans, schedules, and executes multiple concurrent activities while remaining flexible to frequent changes
• Provide product and production support for products and policies that are implemented/converted onto our administration systems