Protective Life

We are on a mission to help more people achieve the sense of protection and security they deserve.

Associate Actuary – Life Product

Full TimeRemoteTeam 1,001-5,000Since 1908H1B SponsorCompany SiteLinkedIn

Location

Alabama + 2 moreAll locations: Alabama, Ohio, Missouri

Posted

1 day ago

Salary

$95.5K - $180K / year

Bachelor Degree5 yrs expEnglish

Job Description

• 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

Job 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

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