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.
The Directors Actuarial - UL Valuationareresponsible for leading the valuation and financial reporting of the Universal Life (UL) product lines. This role oversees the preparation and review of Stat GAAP and Tax reserves; manages quarterly valuation and earnings analysis; and ensures sound model governance and SOX control execution.
Directors provide leadership to actuarial students and valuation team members partner closely with Finance ALM Actuarial Risk and other internal actuarial teams and support ongoing model process and reporting enhancements. The position requires strong independent judgment the ability to manage cyclical quarterend demands and a commitment to maintaining wellcontrolled valuation processes and models.
Approximately three weeks each quarter are dedicated to financial reporting activities. The remaining time is focused on team leadership model maintenance and improvements and ad hoc analysis.
Key Responsibilities:
- Guide quarterly UL valuation and earnings variance analysis.
- Provide guidance and review for Statutory Tax and GAAP reserve and intangible asset calculations.
- Prepare review and maintain Sarbanes-Oxley (SOX) controls.
- Maintain enhance and govern valuation and business plan models.
- Direct supervise and validate model updates and analyze their financial impacts.
- Identify and implement process improvements within valuation workflows.
- Perform specialized actuarial testing including Xfactor testing Preferred Mortality studies and Actuarial Guideline 38 (AG38) 8D testing.
- Support implementation of new products and related valuation requirements.
- Develop new valuation reporting and analytical tools as needed.
- Collaborate closely with other Valuation Modeling Finance and Financial Reporting teams.
- Prepare ad hoc management reports and complete additional duties as assigned.
- Manage mentor and develop actuarial students and earlycareer staff.
- Build strong cross-functional relationships across the organization.
Skills Abilities and Knowledge Required:
- Strong knowledge of Statutory GAAP and Tax valuation principles.
- Expertise with actuarial modeling for life insurance products.
- Strong spreadsheet and database capabilities; ability to analyze large datasets.
- Demonstrated ability to learn and master new software quickly.
- Analytical inquisitive mindset with strong problemsolving skills.
- Ability to balance independent work with collaborative team leadership.
- Excellent verbal and written communication skills.
- Ability to manage deadlines in a cyclical reporting environment.
- Experience with PolySystems is preferred.
Qualifications:
- Bachelors degree required.
- ASA or equivalent designation required FSA designation preferred.
- Minimum of 3 years of experience as a credentialed actuary within the insurance industry.
- Prior staff management or mentoring experience a plus.
$115000 - $161000 a year
Protectives targeted compensation for this position is $115000 - $161000k. 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 opportunities through an annual incentive based on individual and Company performance
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:
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:
Director
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. The Directors Actuarial - UL Valuationareresponsible for ...
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.
The Directors Actuarial - UL Valuationareresponsible for leading the valuation and financial reporting of the Universal Life (UL) product lines. This role oversees the preparation and review of Stat GAAP and Tax reserves; manages quarterly valuation and earnings analysis; and ensures sound model governance and SOX control execution.
Directors provide leadership to actuarial students and valuation team members partner closely with Finance ALM Actuarial Risk and other internal actuarial teams and support ongoing model process and reporting enhancements. The position requires strong independent judgment the ability to manage cyclical quarterend demands and a commitment to maintaining wellcontrolled valuation processes and models.
Approximately three weeks each quarter are dedicated to financial reporting activities. The remaining time is focused on team leadership model maintenance and improvements and ad hoc analysis.
Key Responsibilities:
- Guide quarterly UL valuation and earnings variance analysis.
- Provide guidance and review for Statutory Tax and GAAP reserve and intangible asset calculations.
- Prepare review and maintain Sarbanes-Oxley (SOX) controls.
- Maintain enhance and govern valuation and business plan models.
- Direct supervise and validate model updates and analyze their financial impacts.
- Identify and implement process improvements within valuation workflows.
- Perform specialized actuarial testing including Xfactor testing Preferred Mortality studies and Actuarial Guideline 38 (AG38) 8D testing.
- Support implementation of new products and related valuation requirements.
- Develop new valuation reporting and analytical tools as needed.
- Collaborate closely with other Valuation Modeling Finance and Financial Reporting teams.
- Prepare ad hoc management reports and complete additional duties as assigned.
- Manage mentor and develop actuarial students and earlycareer staff.
- Build strong cross-functional relationships across the organization.
Skills Abilities and Knowledge Required:
- Strong knowledge of Statutory GAAP and Tax valuation principles.
- Expertise with actuarial modeling for life insurance products.
- Strong spreadsheet and database capabilities; ability to analyze large datasets.
- Demonstrated ability to learn and master new software quickly.
- Analytical inquisitive mindset with strong problemsolving skills.
- Ability to balance independent work with collaborative team leadership.
- Excellent verbal and written communication skills.
- Ability to manage deadlines in a cyclical reporting environment.
- Experience with PolySystems is preferred.
Qualifications:
- Bachelors degree required.
- ASA or equivalent designation required FSA designation preferred.
- Minimum of 3 years of experience as a credentialed actuary within the insurance industry.
- Prior staff management or mentoring experience a plus.
$115000 - $161000 a year
Protectives targeted compensation for this position is $115000 - $161000k. 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 opportunities through an annual incentive based on individual and Company performance
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:
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:
Director
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Job Location:
Monthly Salary:
$ 115000 - 161000
Posted on:
2 days ago
Vacancies:
1 Vacancy
