Associate Actuary

Summary

Join Protective's Enterprise Risk Management (ERM) team as a key contributor to the development and production of crucial risk management metrics. You will collaborate across various organizational functions, focusing on investment, market, and capital risk. This role demands a blend of technical and communication skills, requiring significant interaction with key areas like inforce projections, valuation, pricing, ALM, investment, and financial planning & analysis. Responsibilities include developing and supporting risk metrics, contributing to the Own Risk and Solvency Assessment (ORSA), participating in annuity pricing and product reviews, and assisting in ad-hoc analyses and projects. The position offers a competitive salary range and additional incentive opportunities.

Requirements

• 5+ years relevant work experience in life or annuity modeling
• Associate (ASA) designation or working towards ASA
• Knowledge of actuarial regulations for life and annuity products
• Project management skills
• Can adjust work priorities and deadlines in response to rapidly changing business priorities

Responsibilities

• Develop, produce, and support risk metrics including Embedded Value, Economic Solvency Ratio, Value of New Business, and the Insurance Capital Standard
• Support for the Own Risk and Solvency Assessment (ORSA)
• Take part in and perform annuity pricing and product reviews
• Participate in the review and validation of models
• Assist in ad hoc analysis and project requests
• Support project planning

Preferred Qualifications

• Annuity pricing and valuation experience
• Exposure to Embedded Value (EV) and Economic Capital (EC)
• Knowledge of PolySystems and/or GGY AXIS valuation and projection software

Benefits

• Targeted salary range of $92,000 to $135,000
• Annual incentive based on individual and Company performance
• Cash compensation as part of a sales incentive plan (SIP)