Actuary – Life Product
Hybrid
Posted on 2/3/2024
Protective Life

1,001-5,000 employees

We are on a mission to help more people achieve the sense of protection
Company Overview
Protective Life stands out for its century-long commitment to providing security and protection to over 12 million customers, underpinned by a people-first culture and a dedication to fulfilling promises. The company's financial stability, demonstrated by its $132 billion in assets, and its affiliation with Dai-ichi Life Holdings, Inc., provide a competitive edge in the industry. Moreover, Protective Life's robust virtual workforce and core sites across multiple locations highlight its adaptability and commitment to technological advancement.
Financial Services

Company Stage

M&A

Total Funding

N/A

Founded

1842

Headquarters

Birmingham, Alabama

Growth & Insights
Headcount

6 month growth

1%

1 year growth

6%

2 year growth

13%
Locations
Birmingham, AL, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Mergers & Acquisitions (M&A)
CategoriesNew
Finance & Banking
Requirements
  • BA/BS Degree in Actuarial Science, Mathematics, Statistics, and/or related major
  • Fellow of the Society of Actuaries, with current CPD compliance
  • 5+ years of relevant actuarial work experience in Life Pricing or a closely related function
  • Excellent technical (especially financial modeling) ability
  • Able to communicate complex actuarial topics to both actuaries and non-actuaries
  • PBR knowledge is preferred
  • MG-ALFA experience is preferred
  • Variable Universal Life and/or Indexed Universal Life experience is preferred
  • Management experience is preferred
Responsibilities
  • Lead the pricing and development of life insurance products
  • Lead the modeling and analysis of product financial cash flows (Statutory and GAAP) and associated risks
  • Present findings to management and business leaders in a manner that helps drive business decisions and complies with governance approval process
  • Help direct Competitive Intelligence team in providing appropriate data and information to optimally support product work
  • Lead ad hoc projects supporting departmental responsibilities
  • Support acquisition due diligence and new business integration efforts as assigned
  • Demonstrate high levels of integrity while adhering to Actuarial Standards of Practice
  • Manage junior to mid-level employees and help foster a collaborative and high performing work environment focused on professional growth
Desired Qualifications
  • Protective’s targeted salary range for this position is $120,000 to $180,000. 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 is eligible to participate in our Annual Incentive Plan, which offers additional compensation based on individual and Company performance.