[Remote] Actuarial Assistant at Protective Life

Birmingham, Alabama, United States

Protective Life Logo
Not SpecifiedCompensation
N/AExperience Level
N/AJob Type
Not SpecifiedVisa
N/AIndustries

Requirements

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
  • Completion of at least 2 actuarial exams administered by the Society of Actuaries (SOA)
  • Strong technical skills in Microsoft Excel
  • Experience with databases (e.g., SQL, Microsoft Access)
  • Programming knowledge, ideally including Visual Basic for Applications (VBA)
  • Excellent written communication and business writing skills
  • Strong interpersonal skills and ability to work effectively in a team environment
  • Ability to manage multiple priorities and meet deadlines
  • Prior internship or work experience in an actuarial or data-focused role is a plus

Responsibilities

  • Analyze and query data from various sources to support both routine and ad-hoc actuarial analysis
  • Prepare monthly reserves and financial reports across multiple products
  • Assist in developing experience studies and financial projections
  • Generate rates for underwriting systems using established models
  • Support regulatory filings, pricing of new products, and maintenance of actuarial databases
  • Collaborate with cross-functional teams including Finance, Claims, IT, Sales, and Underwriting
  • Document assumptions, processes, and results to meet audit and governance standards
  • Present findings and recommendations to actuarial leadership
  • Actively participate in the Actuarial Student Program, including exam progress and professional development
  • Mentor and support onboarding of new team members

Skills

Protective Life

Provides financial planning and life insurance services

About Protective Life

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.

Birmingham, AlabamaHeadquarters
1842Year Founded
IPOCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

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

Risks

Increased competition from digital-first insurance startups could erode market share.
Interest rate fluctuations pose a risk to Protective's investment income.
Direct-to-consumer insurance models may impact Protective's B2B distribution strategy.

Differentiation

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.

Upsides

Increased demand for digital insurance solutions drives innovation in the life insurance sector.
The rise of fee-based advisory services reshapes the financial planning landscape.
Big data analytics allows better risk assessment and personalized insurance products.

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