Associate Actuary

The Enterprise Risk Management (ERM) team is responsible for management, monitoring, reporting and oversight of risk on an enterprise level.

This position will be responsible for supporting the development and production of key metrics related to risk management. In this role you will work collaboratively with different functional areas of the organization touching on all aspects of investment, market, and capital risk.

The position will require the right mix of technical and communication skills alongside significant interaction and partnership expected with key areas such as inforce projections, valuation, pricing, ALM, investment and financial projections & analysis.

Responsibilities:

• The Enterprise Risk Management (ERM) team is responsible for management, monitoring, reporting and oversight of risk on an enterprise level.
• This position will be responsible for supporting the development and production of key metrics related to risk management. In this role you will work collaboratively with different functional areas of the organization touching on all aspects of investment, market, and capital risk.
• The position will require the right mix of technical and communication skills alongside significant interaction and partnership expected with key areas such as inforce projections, valuation, pricing, ALM, investment and financial projections & analysis.

Qualifications:

• 5+ years relevant work experience in life or annuity modeling
• Strong knowledge of actuarial regulations for life and annuity products
• Associate (ASA) designation or a former student with relevant work experience
• Knowledge of PolySystems and/or GGY AXIS valuation and projection software would be ideal
• Strong project management skills
• Can adjust work priorities and deadlines in response to rapidly changing business priorities

Preferred Qualifications:

• Exposure to Insurance Capital Standards (ICS) and Economic Capital (EC)
• Exposure to Embedded Value (EV)
• Understanding of Market-Based Risk Frameworks
• Annuity pricing and valuation experience

Protective’s targeted salary range for this position is $92,000 to $130,000. 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 Protective’s total compensation package for employees.

This position also offers additional incentive opportunities through an annual incentive based on individual and Company performance.