Associate II, Risk Analyst
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.
The Enterprise Risk Management (ERM) team is responsible for management, monitoring, reporting and oversight of risk on an enterprise level. The agile structure of the ERM team allows individuals to gain exposure to different functional areas and develop a broad understanding of risks to which the company is exposed and which the company must navigate.
This position will be responsible for supporting research and development of leading-edge quantitative risk models and practices. In this role you will work collaboratively with different functional areas of the organization touching on all aspects of investment, market, and capital risk. The position will require the right mix of technical and communication skills alongside significant interaction and partnership expected with key areas such as Inforce Projections, Valuation, Pricing, ALM, Investments and Finance.
Key Responsibilities:
• Expand and enhance processes and models for the efficient measurement and monitoring of investment, market, and capital risk.
• Research and leverage AI to build advanced analytical techniques to examine and derive risk insights, metrics, and attribution.
• Expand understanding of the company’s financials under different accounting and capital regimes, product mixes, and investment strategies.
• Develop and enhance processes to support risk reporting on the company’s Strategic Risk Appetite.
• Produce thoughtful, accurate analysis to support all strategic and tactical Enterprise initiatives, including large-scale portfolio trades, M&A, reinsurance, strategic business partnerships, stress-testing, and quantitative model reviews.
• Work with Inforce Projections, Valuation, Pricing, ALM, Investments and Finance teams on any relevant projects.
Qualifications:
• Undergraduate degree in quantitative business discipline such as finance, economics, or accounting
• 2-4 years’ experience in financial services is required; insurance preferred
• Understanding of asset-liability matching principles
• Understanding of risk/return relationships of fixed income asset classes and how economic indicators such as inflation and interest rates impact such assets
• Strong analytical and critical‑thinking skills with the ability to work with large and complex data sets
• Knowledge of accounting principles and financial statements both in reported financials and projection models
• Strong problem-solving skills and the ability to explain results, both oral and written
• Advanced Microsoft Excel proficiency, including complex formulas, pivot tables and data analysis
Employee Benefits:
We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). The financial health of our employees is just as important as physical and emotional health. Some of the financial wellbeing benefits include 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.
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.
Apply tot his job
Apply To this Job
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.
The Enterprise Risk Management (ERM) team is responsible for management, monitoring, reporting and oversight of risk on an enterprise level. The agile structure of the ERM team allows individuals to gain exposure to different functional areas and develop a broad understanding of risks to which the company is exposed and which the company must navigate.
This position will be responsible for supporting research and development of leading-edge quantitative risk models and practices. In this role you will work collaboratively with different functional areas of the organization touching on all aspects of investment, market, and capital risk. The position will require the right mix of technical and communication skills alongside significant interaction and partnership expected with key areas such as Inforce Projections, Valuation, Pricing, ALM, Investments and Finance.
Key Responsibilities:
• Expand and enhance processes and models for the efficient measurement and monitoring of investment, market, and capital risk.
• Research and leverage AI to build advanced analytical techniques to examine and derive risk insights, metrics, and attribution.
• Expand understanding of the company’s financials under different accounting and capital regimes, product mixes, and investment strategies.
• Develop and enhance processes to support risk reporting on the company’s Strategic Risk Appetite.
• Produce thoughtful, accurate analysis to support all strategic and tactical Enterprise initiatives, including large-scale portfolio trades, M&A, reinsurance, strategic business partnerships, stress-testing, and quantitative model reviews.
• Work with Inforce Projections, Valuation, Pricing, ALM, Investments and Finance teams on any relevant projects.
Qualifications:
• Undergraduate degree in quantitative business discipline such as finance, economics, or accounting
• 2-4 years’ experience in financial services is required; insurance preferred
• Understanding of asset-liability matching principles
• Understanding of risk/return relationships of fixed income asset classes and how economic indicators such as inflation and interest rates impact such assets
• Strong analytical and critical‑thinking skills with the ability to work with large and complex data sets
• Knowledge of accounting principles and financial statements both in reported financials and projection models
• Strong problem-solving skills and the ability to explain results, both oral and written
• Advanced Microsoft Excel proficiency, including complex formulas, pivot tables and data analysis
Employee Benefits:
We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). The financial health of our employees is just as important as physical and emotional health. Some of the financial wellbeing benefits include 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.
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.
Apply tot his job
Apply To this Job