Senior Actuarial Assistant (Hybrid)
Company: Protective Life Insurance Company
Location: Birmingham
Posted on: March 18, 2023
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Job Description:
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 seeking an actuarial student for an open position on the
payout annuity valuation team. This person will help drive the
overall success of the payout annuity valuation team and the
company's critical financial reporting obligations. This highly
visible position will interact with other departments within the
organization and play a key role in analyzing key drivers of
earnings through close collaboration with the Finance Department.
This position is also responsible for performing Statutory, GAAP
and Tax valuation of payout annuities, which lasts about 3 weeks
each quarter. The remaining time will be focused on business
process improvements, such as consolidating valuation models,
streamlining valuation/projection/reporting processes,
implementation of new regulations, and supporting admin system
conversion projects.
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. Job
Duties:
Employee Benefits: We aim to protect our employees' wellbeing
through a broad benefits offering. For example, we protect physical
wellbeing through health, dental and vision insurance. We protect
mental wellbeing through mental health benefits and an employee
assistance program. We protect time away from work with a variety
of paid time away benefits (e.g., paid time off, paid parental
leave, short-term disability, and a cultural observance day). We
protect financial wellbeing through 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.
Diversity and Inclusion: At Protective, we are committed to
providing an inclusive culture where all employees are able to
fully contribute and thrive. Our goal is to grow and develop our
people, attract diverse talent and support strong, diverse
communities.
We support diversity, equity, and inclusion by working to develop a
culture of inclusion and belonging led by leaders who develop
potential and embrace unique skills and abilities. Our aim is to
create an equitable and accountable environment for all leaders and
employees that will drive performance and impact business strategy.
In this way, we can increase overall diversity for leadership roles
and pipelines of talent by maturing our hiring practices, robust
development opportunities and focus on retention of key talent.
We are proud to be an equal opportunity employer committed to being
inclusive and attracting, retaining, and growing the talents of a
diverse and inclusive workforce.
Keywords: Protective Life Insurance Company, Birmingham , Senior Actuarial Assistant (Hybrid), Accounting, Auditing , Birmingham, Alabama
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