Actuarial Assistant II Associate Actuary
Share
Job Location:
Birmingham, MI - USA
Monthly Salary:
$ 78000 - 135000
Posted on:
2 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 an Actuarial Assistant II or Associate Actuary to join our Actuarial Life Projections team. This role is critical in performing projections and advanced analytics to support regulatory and business requirements including business planning embedded value analysis cash flow testing and capital standards.
A successful candidate will analyze in-force business develop tools to improve efficiency and provide modeling expertise for new functionality. This position offers the opportunity to work on complex projects collaborate across departments and contribute to strategic decision-making.
Key Responsibilities:
- Perform projections and analytics for business planning embedded value (including value of new business) annual cash flow and risk-based capital (RBC) testing and international capital standards.
- Analyze period-over-period results at company and product levels explain changes and document findings.
- Validate projection models dynamically and support inquiries related to experience reinsurance and acquisitions.
- Develop tools and implement new technology such as visual analytics software to enhance analysis.
- Provide modeling expertise for new functionality including dynamic assumptions predictive models and stochastic modeling.
- Prepare reports memos and documentation to communicate results effectively.
Skills Abilities & Knowledge Required:
- Strong analytical and problem-solving skills with attention to detail.
- Excellent verbal and written communication skills.
- Ability to work collaboratively across teams.
- Familiarity with actuarial modeling systems; experience with PolySystems is a plus.
- Knowledge of Statutory and U.S. GAAP valuation methodologies.
- Proficiency or willingness to learn SQL and visual analytics tools such as Power BI or Tableau.
Qualifications:
- Near-ASA or recent ASA designation preferred.
- 34 years of actuarial experience in asset/liability modeling pricing or financial reporting.
- Experience with PolySystems is a plus but not required.
- Strong curiosity and ability to drill into issues for deeper understanding.
$78000 - $135000 a year
Protectives targeted salary range for this position is $78000 to $135000. 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. At the Associate Actuary (ASA) level this position also offers additional incentive opportunitiesthrough an annual incentive based on individual and Company performance.
#LI-AP1
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
- HR Development
- General Services
- Apache Commons
- Automobile Service
- Accident Investigation
- AV
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.
