[Remote] Product Actuary/ Associate Actuary - Life Insurance 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 related field
  • Associate of the Society of Actuaries (ASA) required; Fellow of the Society of Actuaries (FSA) preferred with current Continuing Professional Development (CPD) compliance
  • Minimum of 5 years of actuarial experience in life insurance pricing or a closely related function
  • Strong technical expertise in financial modeling and actuarial analysis
  • Deep understanding of life insurance and annuity actuarial principles
  • Strong analytical and problem-solving skills
  • Advanced Excel and data management proficiency
  • Excellent communication skills—able to translate complex actuarial concepts for diverse audiences
  • Proven ability to lead through change and collaborate across departments

Responsibilities

  • Lead pricing and development of life insurance products aligned with financial goals, marketing strategies, and risk appetite
  • Model and analyze product financials (Statutory and GAAP) and associated risks
  • Ensure strong model controls and documentation in compliance with internal Pricing Standards
  • Present findings and recommendations to senior leadership to support governance and strategic decisions
  • Guide Competitive Intelligence efforts to support product development with relevant market data
  • Manage cross-functional projects including product implementation, legal and compliance support, reinsurance, and marketing
  • Support acquisition due diligence and integration of new business
  • Mentor junior team members and foster a collaborative, growth-oriented environment
  • Uphold Actuarial Standards of Practice with integrity and professionalism

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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