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SalaryThe 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.
Protective’s Executive Benefits Team helps protect futures by helping employers finance employee retirement benefits. We are a solution-oriented team with an ongoing mission to simplify processes and provide exceptional products and services.
The Sr. Illustration Analyst will be responsible for supporting illustrations needed for Executive Benefits COLI and BOLI markets. This role will provide data analysis to determine the most efficient method of incorporating internal costs provided by the actuaries and external returns to the purchaser. This individual must understand the financials associated with the business.
The Sr. Illustration Analyst will be responsible for job functions including but not limited to the following:
- Run inforce illustrations with different scenarios. Communicate with external partners and internal associates to provide requested information.
- Research policy and product information from the administration system or case documentation.
- Work with the pricing actuary to incorporate all expense required.
- Work with EB wholesalers to determine client objectives and best method to incorporate those objectives in plan design for new business illustrations. Plan design iterations can continue for months until a final is selected.
- Acts as a subject matter expert on illustration technology across operations.
- Analyzes detailed business reporting that supports business outcomes and analytical support measuring against set KPIs for internal customers.
- Develops and maintains understanding of current state processes and systems.
- Assist in other business analyst related functions.
- Make recommendations to enhance processes.
Qualifications:
- Bachelor’s Degree or equivalent work experience required
- 2-7 years in a research/analytical role, financial industry preferred (Life Insurance/annuity industry ideal)
- Strong analytical skills and attention to detail required
- Proven experience with data analysis and summarization
- Must have excellent verbal and written communication, customer service, problem solving skills, and able to work well within a team.
- Proficient in Microsoft Office tools, specifically Excel, Word, and PowerPoint.
- Illustration experience in this market preferred
Protective’s targeted salary range for this position is $81,000 to $120,000. Actual salaries may vary depending on factors, including but not limited to, job location, skills, and experience. The range listed is just one component of Protective’s total compensation package for employees.
This position also offers additional incentive opportunities through an annual incentive based on individual and Company performance.
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.
