Protective Life · 2 weeks ago
Actuary - Retail Product
United States
Full-time
Remote
Mid, Senior Level
$124K/yr - $175K/yr
5+ years expProtective Life is a company focused on providing protection and peace of mind to its customers. They are seeking a Retail Product Actuary to lead the design and pricing of innovative annuity products while collaborating across teams to ensure alignment with market needs and financial goals.
FinanceFinancial ServicesInsurance
Responsibilities
Develop and price annuity products, including Fixed GLWB and Fixed-Indexed GLWB
Evaluate new product concepts and distribution opportunities using actuarial best practices
Deliver financial projections under Statutory and U.S. GAAP standards using MG-ALFA modeling software
Partner with internal teams to secure risk approvals, support reinsurance arrangements, and align methodologies
Collaborate with marketing and sales teams to ensure product designs resonate with target markets
Analyze experience data, including mortality, lapse, and demographic trends
Drive automation and process improvements to enhance efficiency and accuracy
Serve as a subject matter expert for pricing results and model outputs
Qualification
Required
5+ years of industry experience (life/annuity)
FSA designation required
Strong actuarial modeling and pricing expertise
Proficiency in MG-ALFA or similar actuarial software
Knowledge of Statutory and U.S. GAAP accounting principles
Excellent communication and collaboration skills
Analytical mindset with attention to detail
Ability to manage multiple priorities and deliver results on time
Preferred
3+ years of annuity pricing experience strongly preferred
Experience with life or annuity product pricing and interfacing with sales/distribution teams
Results-oriented with initiative to learn and grow
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
Company
Protective Life
Protective is a holding company, whose subsidiaries provide financial services
1001-5000 employees
H1B Sponsorship
Protective Life has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (2)
2023 (3)
2022 (1)
2020 (3)
Funding
Current Stage
Public CompanyTotal Funding
unknown2014-06-04Acquired
2002-10-04IPO
Leadership Team
Richard Bielen
President and Chief Executive Officer
Paul Wells
Chief Financial Officer
Recent News
Business Wire
2026-01-05
Company data provided by crunchbase