Actuarial Assistant (Hybrid - Birmingham, Al)

The work we do has an impact on millions of lives, and you can be a part of it.

We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.

We are currently seeking actuarial talent to join a team of actuaries and analysts that provides pricing, product development, financial reporting, modeling and actuarial analysis for Protective Life.

For actuarial positions within the Actuarial Program, we aim to develop employees both through completion of actuarial examination and through practical experience. We support employees through the completion of the actuarial examination and credentialing process via competitive paid study time and full coverage of exam expenses (SOA exam fees and exam preparation material). We also provide well-rounded experience via rotations across job functions and product lines.  

Eligibility for certain aspects of the Actuarial Program vary by position and are dependent upon the employee staying within good standing with the Actuarial Program.

Depending on initial placement in the Actuarial Rotation Program, job duties may include:

•              Statutory, GAAP and Tax Valuation of life and annuity products using Polysystems software

•              Projections of future earnings and capital using Polysystems software

•              Quarterly financial reporting for life and annuity products

•              Analysis and verification of results, including performing controls and appropriate documentation

•              Integration support for company acquisitions

•              Support Polysystems software maintenance, including analyzing impact of changes

•              Develop new reporting / analysis tools as necessary

•              Collaborate with other actuarial team on cross-functional projects

•              Utilize existing and create new analysis/reports, taking advantage of latest technology.

•              Modeling and analysis of product cash flows and associated risks to support regulatory requirements and strategic business needs.

•              Support the development of innovative customer-focused offerings in accord with the company's financial goals and risk appetite.

•              Presenting findings to Pricing Leads in a manner that helps drive business decisions.

•              Partnering with the Competitive Intel team in analyzing pricing risks & opportunities.

•              Ensuring suitable documentation of results and processes.

•              Assist in the creation of meeting documents for senior governance committees.

•              Active participation in the actuarial student program, with an ongoing focus on self-development.

• BA/BS Degree in Actuarial Science, Mathematics, Statistics and/or related major.
• Strong work ethic and drive.
• Completion of at least two actuarial exams.
• Strong spreadsheet and technical skills (i.e. programming / coding).
• Ability to interact professionally and effectively in a team environment.
• Ability to manage concurrent deadlines and multiple priorities.

• Experience working in an actuarial or insurance function (e.g. internship or job experience)
• Technical experience with Excel, SQL, VBA macros, programming languages
• The qualities that we are looking for in a candidate include:
• Team-oriented
• Self-motivated
• Analytical & inquisitive
• Accountable and results-oriented
• Ability to work independently
• Excellent communication skills
• Leadership potential

Employee Benefits:  

We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life 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, Protective’s platform to improve wellbeing while earning cash rewards.   

Eligibility for certain benefits may vary by position in accordance with the terms of the Company’s 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 email [email protected]. 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.