United States onlyWe are seeking an FSA or FCAS level Actuary to lead the Corporate Actuarial M&A modeling team. The person selected for this role will help drive the overall success of the Corporate Actuarial Team by leading corporate transaction valuations and conducting due diligence on key actuarial topics throughout the acquisition process.
This highly visible role will interact with senior individuals from other departments and will lead the development, maintenance, and improvement of the acquisition models. This position is responsible for developing Statutory, GAAP, tax and capital (e.g., RBC, ICS/ESR, Bermuda EBS) projections on various blocks of business by modifying output from publicly available data, the target company and/or their advisors. In addition, this individual will be involved in due diligence including meetings with target company senior management. These acquisition opportunities are not predictable in their timing. In the remaining time you will play an essential role in other corporate actuarial initiatives such as modeling improvements.
Job Responsibilities
- Manage a team of two people
- Model various M&A opportunities on a stat, tax, GAAP and various capital bases and present results to management
- Perform due diligence on actuarial topics, and coordinate due diligence on other key valuation drivers
- Maintain and improve the acquisition template model that is the starting point for various opportunities
- Improve processes related to M&A diligence and modeling
- Collaborate with key business areas such as corporate development, finance, tax, risk management, experience studies, corporate modeling, ALM, and product development
- Provide guidance and review for model modifications made by team members
- Develop new reporting / analysis tools as necessary
- Develop tools to help analyze key diligence issues on deals
- Create models to identify opportunities to improve in force earnings
- Evaluate potential new lines of business for Protective
- Other job duties as assigned, including ad hoc management reports
Qualifications
- Bachelor’s degree required
- Ideal candidate will be an FSA or FCAS level actuary
- Experience as an actuary within the employee benefits / group, P&C and/or life insurance industry
- Excellent spreadsheet and technical skills
- Previous M&A or reinsurance experience preferred
- Previous staff management experience a plus
- Executive presence
- Hard working and dedicated
- Ability to travel periodically to attend due diligence management meetings
- Analytical and inquisitive
- Ability to work independently or on a team
- Excellent communication skills
- Driven self-starter
- Ability to deal with imperfect data and information
- Willingness to relocate to Birmingham, AL is a plus
Eligibility for certain benefits may vary by position in accordance with the terms of the Company’s benefit plans.
Accommodations for Applicants with a Disability:If you require an accommodation to complete the application and recruitment process due to a disability, please email [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.
Please note that the above email is solely for individuals with disabilities requesting an accommodation. General employment questions should not be sent through this process.
We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing an inclusive workforce.
