Actuarial Assistant

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🏈 Alabama – Remote

🏈 Alabama – Remote

💵 $66k - $116.5k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

📊 Actuary

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Protective Life

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1908

💸 Finance

🛡️ Insurance

Finance • Insurance

Protective Life is a financial services company specializing in providing affordable life insurance and annuities. The company offers a variety of insurance products such as term life, whole life, and universal life policies, as well as fixed, immediate, indexed, and variable annuities. Protective Life assists individuals in planning for their future, including retirement, estate planning, and financial protection for families. The company emphasizes its commitment to sustainability, community involvement, and helping customers achieve protection and security throughout various life stages. Protective Life is known for its strong financial foundation and is licensed to operate in all states except New York.

📋 Description

• Support quarterly valuation and financial reporting processes for Universal Life products • Prepare and analyze Statutory, GAAP, and Tax reserves and related financial results • Analyze period-over-period financial results, explain key drivers, and document findings • Maintain, test, and enhance valuation models and supporting processes • Assess the impact of model, assumption, and methodology updates on financial results • Support actuarial testing, regulatory reporting, and governance activities • Develop analytical tools, reporting solutions, and process automation initiatives • Provide valuation support for new products, product enhancements, and strategic initiatives • Prepare reports, exhibits, and documentation communicating results and recommendations • Collaborate with Finance, Financial Reporting, Pricing, Modeling, and other actuarial teams • Partner with valuation actuaries, financial reporting professionals, and cross-functional business teams

🎯 Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative field • Minimum of two actuarial exams completed • Commitment to continued actuarial exam progress • Strong quantitative, analytical, and problem-solving skills • Interest in life insurance valuation, financial reporting, and actuarial modeling • Strong proficiency in Microsoft Excel • Experience with databases and SQL or similar query technologies • Programming experience or aptitude with VBA, Python, PowerShell, or similar tools • Familiarity with actuarial modeling systems • Knowledge of life insurance valuation concepts and financial reporting frameworks • Strong verbal and written communication skills • Ability to collaborate across teams and manage multiple priorities

🏖️ Benefits

• Comprehensive health, dental and vision insurance • Mental health benefits • Employee assistance program • Paid time off • Paid parental leave • Short-term disability • Cultural observance day • Contributions to healthcare accounts • Pension plan • 401(k) plan with Company matching • ProHealth Rewards platform with cash rewards • Company-sponsored study time for actuarial exams and modules • Reimbursement for approved exam fees, study materials, and select preparation seminars • Competitive exam-based salary increase opportunities • Mentorship and career guidance from experienced actuarial leaders • Rotational development opportunities • Paid membership dues for key actuarial professional organizations