Full-Time
Associate Actuary
ERM Risk Analytics
Confirmed live in the last 24 hours
Protective Life
1,001-5,000 employees
Provides financial planning and life insurance services
Compensation Overview
$92k - $130kAnnually
Senior
Remote in USA
- 5+ years relevant work experience in life or annuity modeling
- Associate (ASA) designation or working towards ASA
- Knowledge of actuarial regulations for life and annuity products
- Project management skills
- Can adjust work priorities and deadlines in response to rapidly changing business priorities
- Development, production, and support of risk metrics including Embedded Value, Economic Solvency Ratio, Value of New Business, and the Insurance Capital Standard
- Support for the Own Risk and Solvency Assessment (ORSA)
- Take part in and perform annuity pricing and product reviews
- Participate in the review and validation of models
- Assist in ad hoc analysis and project requests
- Support project planning
- Annuity pricing and valuation experience
- Exposure to Embedded Value (EV) and Economic Capital (EC)
- Knowledge of PolySystems and/or GGY AXIS valuation and projection software
Protective Life provides financial planning and life insurance services aimed at individuals and businesses. The company offers a variety of products, including life insurance policies and retirement planning guides, to help clients secure their financial future. Their services are designed to assist financial advisors, insurance agents, and individual clients in protecting assets and planning for retirement. Protective Life operates through both business-to-business (B2B) and business-to-consumer (B2C) models, partnering with financial professionals while also reaching out directly to clients via their online platform. What sets Protective Life apart from competitors is their focus on excellent customer service and the provision of educational resources, which empower clients and advisors to make informed decisions. The company's goal is to help clients achieve financial security through comprehensive solutions and support.
Company Stage
IPO
Total Funding
N/A
Headquarters
Birmingham, Alabama
Founded
1842
Simplify's Take
What believers are saying
- Increased demand for digital insurance solutions drives innovation in the life insurance sector.
- The rise of fee-based advisory services offers Protective a chance to expand its offerings.
- AI integration in risk assessment enhances efficiency and accuracy for Protective's processes.
What critics are saying
- Competition from digital-first insurance startups could erode Protective's market share.
- Direct-to-consumer platforms may impact Protective's reliance on traditional advisors and agents.
- Regulatory scrutiny on data privacy could impose additional compliance costs on Protective.
What makes Protective Life unique
- Protective.com emphasizes excellent customer service and educational resources for informed decision-making.
- The company offers support and training for financial advisors and insurance agents.
- Protective.com operates on both B2B and B2C models, reaching a wide client base.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Mental Health Support
Paid Vacation
Parental Leave
401(k) Retirement Plan
401(k) Company Match
Employee Assistance Program