Associate Actuary Capital Planning
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Job Location:
Birmingham, MI - USA
Monthly Salary:
$ 94000 - 120000
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
The work we do has an impact on millions of lives and you can be a part of it.
Wehelp protect our customers against lifes ofwhere you work within thecompany youll behelping provide protection and peace of mind when our customers need it most.
Protective is seeking a Capital Planning Associate Actuary to join our Finance team. This role plays a critical part in shaping the companys capital strategy by leading analysis and projections related to the Bermuda Solvency Capital Requirement (BSCR)and Risk-Based Capital (RBC) frameworks. The ideal candidate will bring clarity and insight to senior leadership and the board helping drive informed decisions that support Protectives long-term financial health.
This position collaborates cross-functionally with teams including asset-liability management treasury accounting product development enterprise risk management (ERM) and financial actuarial. It offers a unique opportunity to influence capital efficiency and regulatory strategy in a dynamic and growing organization.
Key Responsibilities:
- Coordinate the population and lead the analysis of the BSCR template for PL Re currently reported annually with potential for increased frequency.
- Maintain and enhance short- and long-term projections of BSCR and RBC providing insights into the impact of strategic decisions.
- Serve as a key contributor to the Capital Management Committee presenting trends and forecasts.
- Drive initiatives aimed at improving capital efficiency across the organization.
- Analyze and communicate the impact of new regulations on BSCR and RBC capital positions while coordinating with the team on the integration of J-ICS and ESR metrics.
Skills Abilities & Knowledge:
- Strong understanding of life and annuity actuarial concepts.
- Familiarity with Bermuda capital framework preferred.
- Advanced Excel and data management capabilities.
- Exceptional analytical and problem-solving skills.
- Ability to translate complex calculations into clear actionable insights.
- Proven collaboration skills across multiple departments.
Minimum Requirements:
- Bachelors degree in Actuarial Science Finance or a related field.
- Associate of the Society of Actuaries (ASA) designation required.
- Minimum of 5 years of relevant experience in the life insurance industry preferred.
$94000 - $120000 a year
Protectives targeted salary range for this position is $94000 to $120000. 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 Protectives total compensation package for employees. This position also offers additional incentive opportunitiesthrough an annual incentive based on individual and Company performance.
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Employee Benefits:
We aim to protect the wellbeing of our employees and their families with a broad benefits addition to offering comprehensive health dental and vision insurance we support emotional wellbeing through mental health benefits and an employee assistance balance is important and Protective offers a variety of paid time away benefits (e.g. paid time off paid parental leave short-term disability and a cultural observance day).The financial health of our employees is just as important as physical and emotional health. Some of the financial wellbeing benefits include contributions to healthcare accounts a pension plan and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards Protectives platform to improve wellbeing while earning cash rewards.
Eligibility for certain benefits may vary by position in accordance with the terms of the Companys benefit plans.
Accommodations for Applicants with a Disability:
If you require an accommodation to complete the application and recruitment process due to a disability please emailemailprotected. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.
Please note that the above email is solely for individuals with disabilities requesting an accommodation. General employment questions should not be sent through this process.
We are proud to be an equal opportunity employer committed to being inclusive and attracting retaining and growing an inclusive workforce.
We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.
Required Experience:
IC
Key Skills
- Direct Sales
- Administrative Skills
- Logistics Distribution
- Facilities Management
- Civil Project Management
- Asic
About Company
Protect your future with a life insurance policy or annuity from Protective. Discover options that give you and your family confidence for what's ahead.
