Full-Time

Actuarial Assistant II

Remote

Posted on 8/28/2024

Protective Life

Protective Life

1,001-5,000 employees

Provides financial planning and life insurance services

Compensation Overview

$76k - $100k/yr

+ Annual Incentive

Junior, Mid

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
Communications
Mergers & Acquisitions (M&A)
Data Analysis
Requirements
  • BA/BS Degree in Actuarial Science, Mathematics, Statistics, and/or related major
  • The ideal candidate would have 2-3 years of actuarial experience related to asset/liability modeling, pricing, or financial reporting
  • Excellent verbal and written communication skills
  • Ability and curiosity to drill into questions and issues to gain full understanding in order to share insights and explanations.
  • Able to work well in a collaborative environment
  • The ability to learn and adapt to these programs is a requirement
Responsibilities
  • Perform projections and advanced analytics to support all regulatory and business requirements, including the following: ·Business Plan·Embedded Value, including Value of New Business·Annual cash flow and RBC testing·International Capital Standards
  • Perform projections and advanced analytics related to in-force business, including: ·Analysis of period-over-period projection results at a company and product level; explaining, documenting, and communicating changes·Dynamic validations of projection models at a company and product level·Support other areas of the company when questions arise about actual experience, reinsurance notices, possible acquisitions, etc.
  • Develop tools to support analysis of results more effectively, including implementation of new technology like visual analysis software
  • Provide modeling expertise, testing, and analysis for implementing new functionality in models, which may include dynamic assumptions, predictive models, and future point stochastic modeling
  • Create reports, memos and documentation needed to effectively communicate results and explain changes to period-over period results

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, retirement planning guides, and practice management tools, to help clients secure their financial future. Their services are designed for financial advisors, insurance agents, and individual clients, allowing them to protect their assets and plan 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 financial decisions. The company's goal is to help clients achieve financial security through comprehensive solutions and support.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Birmingham, Alabama

Founded

1842

Simplify Jobs

Simplify's Take

What believers are saying

  • Protective Life is tapping into the rise of fee-based advisory services.
  • The company leverages big data analytics for personalized and competitive insurance products.
  • Protective Life's commitment to ESG aligns with growing sustainable investment trends.

What critics are saying

  • Increased competition from digital-first insurance startups could erode Protective's market share.
  • Integration of ShelterPoint Group Inc. may present cultural and operational challenges.
  • Dependency on third-party technology providers like iPipeline could affect operational autonomy.

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 diverse client bases.

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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

Company News

Coverage
Dec 11th, 2024
Protective Partners With Ipipeline

Protective Life <i class="fa fa-info-circle company-popover" data-content="h3Protective Life/h3. div. table

PR Newswire
Oct 8th, 2024
Cetera Announces Agreement with Protective Life to Acquire Concourse Financial Group Securities

Cetera announces agreement with Protective Life to acquire Concourse Financial Group Securities.

Yahoo Finance
May 7th, 2024
Protective Life Corporation Names Dom Lebel As Svp & Chief Risk Officer

Dom Lebel named SVP, Chief Risk Officer for Protective (Photo: Business Wire)Casey Hardeman promoted to SVP, Financial Planning & AnalysisBIRMINGHAM, Ala., May 07, 2024--(BUSINESS WIRE)--Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), announces that Dom Lebel has joined the company as SVP & Chief Risk Officer, effective May 6. The company also announced Casey Hardeman has been promoted to SVP, Financial Planning & Analysis.As CRO, Lebel’s primary responsibility is providing independent oversight of enterprise risks with a focus on insurance and product related risks, credit and market risks, as well as operational and technology risks. Lebel will join Protective’s Performance & Accountability Committee, a group of the company’s top executive leaders. He will report to Steve Walker, Vice Chairman, Finance & Risk."We are thrilled to have Dom join Protective. He is a proven leader with a deep understanding of our industry and the issues impacting our business," said Walker

Business Wire
May 7th, 2024
Protective Life Corporation Announces Board Of Directors Updates

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announces updates to its board of directors. Newly appointed directors include Stephen Barnham, Senior Managing Executive Officer, Chief Information Officer and Chief Digital Officer of Dai-ichi Life Holdings, Inc.; Joseph Guastella, Owner of OJW Advisors; Bruce Koepfgen, former President of Janus Capital Group and former EVP, Head of North America, of Janus Henerson Investors; and Satoshi Takemoto, Executive Officer and Chief General Manager of North America of Dai-ichi Life Holdings, Inc. and President and CEO of DLI North America, Inc. All changes went into effect April 3, 2024. “Through their diverse and robust experience, Protective’s Board of Directors have collectively helped guide the company to our current position of strength,” said Michael J

Business Wire
May 7th, 2024
Protective Life Corporation Names Dom Lebel As Svp Chief Risk Officer

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), announces that Dom Lebel has joined the company as SVP & Chief Risk Officer, effective May 6. The company also announced Casey Hardeman has been promoted to SVP, Financial Planning & Analysis.As CRO, Lebel’s primary responsibility is providing independent oversight of enterprise risks with a focus on insurance and product related risks, credit and market risks, as well as operational and technology risks. Lebel will join Protective’s Performance & Accountability Committee, a group of the company’s top executive leaders. He will report to Steve Walker, Vice Chairman, Finance & Risk.“ We are thrilled to have Dom join Protective. He is a proven leader with a deep understanding of our industry and the issues impacting our business,” said Walker

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