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Product Actuary Associate Actuary Life Insurance
Product Actuary Associate Actuary Life InsuranceProtective • Birmingham, Michigan, USA
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Product Actuary Associate Actuary Life Insurance

Product Actuary Associate Actuary Life Insurance

Protective • Birmingham, Michigan, USA
[job_card.30_days_ago]
[job_preview.job_type]
  • [job_card.full_time]
[job_card.job_description]

The work we do has an impact on millions of lives and you can be a part of it.

Wehelp protect our customers against lifes ofwhere you work within thecompany youll behelping provide protection and peace of mind when our customers need it most.

Protective Life is seeking a strategic and analytical Actuary or Associate Actuary to join our Protection Divisions Product Development team. This role is ideal for a collaborative and forward-thinking actuary who thrives in a dynamic environment focused on modernizing life insurance offerings for profitable growth. Youll work closely with product management implementation and competitive intelligence teams to lead pricing initiatives financial modeling and governance communications that support Protectives mission to offer affordable protection to millions of families.

Key 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 Abilities & Knowledge Required :

  • Deep understanding of life insurance and annuity actuarial principles.
  • Strong analytical and problem-solving skills.
  • Advanced Excel and data management proficiency.
  • Excellent communication skillsable to translate complex actuarial concepts for diverse audiences.
  • Proven ability to lead through change and collaborate across departments.
  • Familiarity with Principle-Based Reserving (PBR) and MG-ALFA modeling software is a plus.
  • Qualifications :

  • Bachelors 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.
  • $94000 - $170000 a year

    Protectives targeted salary range for this position is $94000 to $170000. 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 Protectives total compensation package for employees.

    This position also offers additional incentive opportunitiesthrough an annual incentive based on individual and Company performance.

    #ind123 #LI-AP1

    Employee Benefits :

    We aim to protect the wellbeing of our employees and their families with a broad benefits addition to offering comprehensive health dental and vision insurance we support emotional wellbeing through mental health benefits and an employee assistance balance is important and Protective offers a variety of paid time away benefits ( e.g. paid time off paid parental leave short-term disability and a cultural observance day).The financial health of our employees is just as important as physical and emotional health. Some of the financial wellbeing benefits include contributions to healthcare accounts a pension plan and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards Protectives platform to improve wellbeing while earning cash rewards.

    Eligibility for certain benefits may vary by position in accordance with the terms of the Companys benefit plans.

    Accommodations for Applicants with a Disability :

    If you require an accommodation to complete the application and recruitment process due to a disability please This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.

    Please note that the above email is solely for individuals with disabilities requesting an accommodation. General employment questions should not be sent through this process.

    We are proud to be an equal opportunity employer committed to being inclusive and attracting retaining and growing an inclusive workforce.

    We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.

    Required Experience :

    IC

    Key Skills

    Business Continuity Planning,Hair And Beauty,Advocacy,Food & Beverage,Backend

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

    Monthly Salary Salary : 94000 - 170000

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