Director, Actuarial - UL Valuation

The work we do has an impact on millions of lives, and you can be a part of it. We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.

Directors, Actuarial - UL Valuation

The Directors are responsible for leading the valuation and financial reporting of the Universal Life (UL) product lines. This role oversees the preparation and review of Statutory, GAAP, and Tax reserves; manages quarterly valuation and earnings analysis; and ensures sound model governance and SOX control execution. Directors provide leadership to actuarial students and valuation team members, partner closely with Finance, ALM Actuarial, Risk, and other internal actuarial teams, and support ongoing model, process, and reporting enhancements. The position requires strong independent judgment, the ability to manage cyclical quarter‑end demands, and a commitment to maintaining well‑controlled valuation processes and models. Approximately three weeks each quarter are dedicated to financial reporting activities. The remaining time is focused on team leadership, model maintenance and improvements, and ad hoc analysis.

• We welcome credentialed actuaries from a variety of actuarial backgrounds, including pricing, valuation, and rotational development programs
• Direct valuation experience or experience with our current valuation systems is not required for candidates who demonstrate strong technical, analytical, and problem‑solving capabilities
• Candidates with transferable experience across life and annuity products, including UL pricing or annuity valuation, are encouraged to apply
• Hybrid Work Opportunity: This role follows a hybrid schedule with 3 days per week in the office and 2 days eligible for remote work. Preference will be given to candidates able to work in the hybrid arrangement, but fully remote candidates may also be considered for an interview based on experience and qualifications

Key Responsibilities

• Guide quarterly UL valuation and earnings variance analysis
• Provide guidance and review for Statutory, Tax, and GAAP reserve and intangible asset calculations
• Prepare, review, and maintain Sarbanes‑Oxley (SOX) controls
• Maintain, enhance, and govern valuation and business plan models
• Direct, supervise, and validate model updates and analyze their financial impacts
• Identify and implement process improvements within valuation workflows
• Perform specialized actuarial testing, including X‑factor testing, Preferred Mortality studies, and Actuarial Guideline 38 (AG38) 8D testing
• Support implementation of new products and related valuation requirements
• Develop new valuation, reporting, and analytical tools as needed
• Collaborate closely with other Valuation, Modeling, Finance, and Financial Reporting teams
• Prepare ad hoc management reports and complete additional duties as assigned
• Manage, mentor, and develop actuarial students and early‑career staff
• Build strong cross‑functional relationships across the organization

Skills, Abilities, and Knowledge Required

• Strong knowledge of Statutory, GAAP, and Tax valuation principles
• Expertise with actuarial modeling for life insurance products
• Strong spreadsheet and database capabilities; ability to analyze large datasets
• Demonstrated ability to learn and master new software quickly
• Analytical, inquisitive mindset with strong problem‑solving skills
• Ability to balance independent work with collaborative team leadership
• Excellent verbal and written communication skills
• Ability to manage deadlines in a cyclical reporting environment
• Experience with PolySystems is preferred

Qualifications

• Bachelor’s degree required
• ASA or equivalent designation required; FSA designation preferred
• Minimum of 3 years of experience as a credentialed actuary within the insurance industry
• Prior staff management or mentoring experience a plus

Employee Benefits

We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits, such as 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, Protective’s platform to improve wellbeing while earning cash rewards.

Eligibility for certain benefits may vary by position in accordance with the terms of the Company’s 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 email View email address on click.appcast.io. 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.

Equal Opportunity Employer

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.

Compensation

Protective’s targeted compensation for this position is $115,000 - $161,000. 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 also offers additional incentive opportunities through an annual incentive based on individual and Company performance.