Vice President, Mergers & Acquisitions Actuarial; FCAS

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.

At Protective, we believe in protecting people’s lives and futures. As a Vice President in our Corporate Actuarial team, you will play a pivotal role in shaping the company’s strategic growth through mergers and acquisitions. This executive-level position is ideal for a Fellow of the Casualty Actuarial Society (FCAS) with deep expertise in valuation, modeling, and strategic leadership.

The VP, M&A Actuarial will lead the actuarial valuation and due diligence efforts for corporate transactions, primarily in the Property & Casualty (P&C) space, with potential expansion into Life, Annuity, and Employee Benefits. This role will serve as a key strategic partner to senior leadership, influencing enterprise decisions and driving financial insights that support Protective’s long-term growth.

• Lead actuarial valuation of acquisition targets across Statutory, GAAP, Tax, and Capital frameworks (e.g., RBC, BCAR, ICS/ESR, Bermuda EBS).
• Oversee and enhance M&A modeling tools and processes to support scalable, repeatable transaction analysis.
• Present valuation findings and strategic recommendations to senior executives and the Board.
• Direct actuarial due diligence efforts, including engagement with target company leadership and coordination across internal stakeholders.
• Collaborate with Corporate Development, Finance, Risk, Tax, ALM, and Product teams to ensure comprehensive transaction evaluation.
• Evaluate new lines of business and market expansion opportunities.
• Lead and develop a high-performing team, fostering innovation and continuous improvement.
• Support enterprise risk management initiatives and provide oversight for P&C actuarial risk.

• Bachelor’s degree required.
• FCAS designation required.
• Minimum of 10 years of actuarial experience, with significant exposure to M&A, reinsurance, pricing, reserving, or strategic valuation.
• 15 years of actuarial experience combined with ACAS (or equivalent) in lieu of FCAS designation.
• Proven leadership in managing actuarial teams and influencing enterprise strategy.
• Strong technical expertise in Excel, modeling, valuation, and financial analysis.
• Executive presence with ability to communicate complex topics to senior leadership and non-technical audiences.
• Experience with imperfect data and navigating ambiguity in unpredictable and high-stakes environments.
• Willingness to travel for due diligence and leadership meetings.
• Analytical, inquisitive, hardworking, dedicated and focused on the big picture as well as the details.
• Ability to work independently and as part of a team.
• Willingness to relocate to Birmingham, AL a plus.

$250,000 - $300,000 a year.

Protective’s targeted salary range for this position is $250,000 to $300,000. 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 and long-term incentive (LTI) based on individual and company performance.

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…