Product Actuary / Associate Actuary – Employee Benefits

Protective Life

Product Actuary leading design and launch of employee benefits insurance products at Protective Insurance Company. Collaborating with multiple teams to ensure compliance and profitability in product offerings.

Posted 4/13/2026full-timeRemote • 🇺🇸 United StatesJuniorMid-Level💰 $95,500 - $210,000 per yearWebsite

About the role

Key responsibilities & impact

Serve as the lead actuary for the development and launch of new employee benefits products
Build and document pricing models, assumptions, and methodologies for new initiatives
Evaluate product feasibility, profitability, and risk trade‑offs in partnership with business and product leadership
Support pilot programs, market entry strategies, and early performance monitoring post‑launch
Design, maintain, and enhance actuarial models supporting new products and significant product enhancements
Partner with Underwriting to align pricing with risk selection, case design, and market strategy
Collaborate with Product, Product Compliance, Underwriting, Government Affairs, and Legal to ensure products are compliant, competitive, and operationally executable
Prepare actuarial materials to support state insurance filings and regulatory submissions
Maintain actuarial ownership of launched products, including assumption updates, experience monitoring, and repricing support

Requirements

What you’ll need

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
Fellow of the Society of Actuaries (FSA) OR Associate of the Society of Actuaries (ASA) with 5 years post credential
Minimum of 8 years of actuarial experience, with direct experience in product development and pricing of new initiatives
Strong communication skills with the ability to explain technical concepts to diverse stakeholders
Strong background in at least one group employee benefits product area (Short‑Term Disability, Long‑Term Disability, Group Life, Accidental Death & Dismemberment, Dental, and/or Vision)

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

actuarial modelingpricing modelsproduct developmentrisk assessmentprofitability analysisfeasibility evaluationexperience monitoringrepricing supportassumption updatesregulatory submissions

Soft Skills

communication skillscollaborationleadershipstakeholder engagementproblem-solvingorganizational skillsanalytical thinkingtechnical explanationstrategic thinkingadaptability

Certifications

Fellow of the Society of Actuaries (FSA)Associate of the Society of Actuaries (ASA)