Protective Life

Associate Actuary – Life Product

Protective Life

full-time

Posted on:

Location Type: Remote

Location: Alabama • Montana • United States

Visit company website

Explore more

✨ AI Apply
Apply

Salary

💰 $95,500 - $180,000 per year

About the role

  • partner with product management, competitive intelligence, and implementation teams to modernize and enhance life insurance product offerings—primarily Variable Universal Life (VUL)
  • apply best‑practice pricing techniques
  • ensure adherence to internal Pricing Standards
  • help shape strategic product initiatives
  • communicate findings to leaders across the business
  • lead or support the pricing, design, and development of life insurance products
  • model and analyze Statutory (Stat) and Generally Accepted Accounting Principles (GAAP) financial cash flows and assess associated product risks
  • ensure strong model governance, controls, and documentation
  • develop and deliver clear, decision‑driving actuarial presentations for management and cross‑functional partners
  • collaborate with the Competitive Intelligence team to secure and utilize market data needed for product evaluation and development
  • contribute to cross‑functional projects including product implementation, legal/filing work, in‑force management, systems alignment, marketing support, and reinsurance analysis
  • support acquisition due diligence and integration efforts where applicable
  • demonstrate integrity through adherence to Actuarial Standards of Practice (ASOPs)
  • mentor junior team members and foster a collaborative, high‑performing team environment

Requirements

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • Associate (ASA) or Fellow of the Society of Actuaries (FSA) with current Continuing Professional Development compliance.
  • 5+ years of actuarial experience, including 3+ years in life insurance pricing or a closely related function
  • Demonstrated modeling expertise and ability to evaluate financial results.
  • Ability to present results clearly to varied audiences.
  • Experience with Universal Life, VUL, or IUL preferred.
  • Experience with Principles-Based Reserving (PBR) preferred.
  • Experience with MG-ALFA preferred.
Benefits
  • comprehensive health, dental and vision insurance
  • mental health benefits
  • employee assistance program
  • paid time off
  • paid parental leave
  • short-term disability
  • cultural observance day
  • contributions to healthcare accounts
  • pension plan
  • 401(k) plan with Company matching
  • ProHealth Rewards platform to improve wellbeing while earning cash rewards
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
actuarial modelingfinancial analysispricing techniquesStatutory financial cash flowsGenerally Accepted Accounting Principles (GAAP)Principles-Based Reserving (PBR)Universal LifeVariable Universal Life (VUL)MG-ALFAactuarial presentations
Soft Skills
communicationcollaborationmentoringintegrityteam environmentleadershipdecision-makingstrategic thinkingproblem-solvingadaptability
Certifications
Bachelor’s degree in Actuarial ScienceAssociate of the Society of Actuaries (ASA)Fellow of the Society of Actuaries (FSA)