Associate Actuary - Variable Annuity Valuation

Protective Life; Remote; USD 100,000 - 130,000; Full time

Job summary

A leading company in the insurance sector is seeking an experienced Associate Actuary for their variable annuity valuation team. This remote role supports financial reporting by performing valuations and collaborating with various departments. Ideal candidates will have a solid actuarial background, technical skills, and a strong problem-solving mindset, contributing to the team's success and product implementation.

Benefits

Health, dental, and vision insurance

Mental health support

Paid time off

Parental leave

Disability benefits

Healthcare accounts

Pension

401(k) plan

Qualifications

• Bachelor’s degree in a relevant field.
• Experience in insurance industry analysis.
• ASA or recent FSA designation required.

Responsibilities

• Perform quarterly Statutory, GAAP, and Tax valuations.
• Prepare reports for internal and external stakeholders.
• Collaborate with Finance to analyze earnings drivers.

Skills

SQL

Programming

Communication

Teamwork

Problem-Solving

Education

Bachelor’s degree

ASA or recent FSA designation

Tools

AXIS

Job description

Associate Actuary - Variable Annuity Valuation (Remote)

Pay: Competitive

Location: Remote

Employment type: Other

Job Description

We are seeking an experienced actuary to join our variable annuity valuation team. The successful candidate will drive the success of the team and support the company's financial reporting obligations. Key responsibilities include performing quarterly Statutory, GAAP, and Tax valuations of variable annuities, and collaborating with the Finance Department to analyze earnings drivers. The role also involves implementing new products, streamlining valuation processes, and ensuring compliance with regulations.

Our actuarial program supports employees through exam completion, paid study time, and rotations across functions to develop practical experience.

Job Duties:

• Perform quarterly valuations and variance analysis using AXIS software
• Prepare reports for internal and external stakeholders
• Maintain and improve valuation models and business plans
• Develop automation tools for reporting and analysis
• Collaborate with other departments
• Perform ad hoc management reporting

Qualifications:

• Bachelor’s degree
• Experience in insurance industry analysis and problem-solving
• ASA or recent FSA designation
• Strong technical skills, including SQL and programming
• Ability to learn new software and concepts
• Excellent communication and teamwork skills
• Knowledge of variable annuities and regulations is preferred
• Previous AXIS valuation experience is preferred

Salary range: $100,000 - $130,000 plus incentives. Benefits include health, dental, vision, mental health support, paid time off, parental leave, disability, healthcare accounts, pension, and 401(k). We promote diversity and inclusion and are an equal opportunity employer.

About the company

Protective Life Corporation, Birmingham, Alabama.

Notice

We are an equal opportunity employer. Accommodations are available for applicants with disabilities. Compliance with Form I-9 and employment screening processes is required. For inquiries about accommodations, contact [e-mail] or 407-000-0000. NYC applicants may request alternative processes at [e-mail] or 407-000-0000.