Product Actuary / Associate Actuary - Employee Benefits

Requirements

• 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).

Additional Information

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. Protective Insurance Company is seeking an experienced Product Actuary (FSA) or Associate Actuary (ASA) to play a critical role in the design, pricing, and launch of new employee benefits insurance products. This is a senior individual contributor position that serves as the primary actuarial partner for product innovation across a portfolio that may include Short‑Term Disability, Long‑Term Disability, Group Life, Accidental Death & Dismemberment, Dental, and Vision products. Reporting to the Vice President, Product and Chief Actuary - Employee Benefits Business Line, this role is hands‑on and highly collaborative. The Product Actuary will translate new product ideas into viable actuarial solutions by developing pricing models, assumptions, and financial projections that balance innovation, profitability, and risk. The role partners closely with Product Management, Underwriting, Finance, Enterprise Risk Management, Compliance, and Legal to bring products from concept through approval and into market. This position supports the Employee Benefits division and works closely with actuarial leadership to ensure new products are scalable, compliant, and fully integrated into Protective's actuarial and financial frameworks. The internal title for this role is Associate Product Actuary (ASA) or Product Actuary (FSA) depending on credentialling. 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 (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, 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 eric.hess@protective.com. 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.

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