Actuarial Director - Universal 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.

Actuarial Directors on our Universal Life Valuation team are responsible for leading the valuation and financial reporting of the Universal Life (UL) product lines. This role oversees the preparation and review of Stat, 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.

• 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.

• 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.

• Bachelor’s or Master’s degree in Mathematics, Actuarial Science, Statistics, or related field.
• Associate or Fellow of the Society of Actuaries (ASA or FSA) or equivalent designation.
• Minimum 1 year experience as a credentialed actuary.
• 5+ years cumulative experience in a relevant actuarial field.

• Minimum of 3 years of experience as a credentialed actuary within the insurance industry.
• Experience with Poly Systems.
• Prior staff management or mentoring experience.

$115,000 - $161,000 a year

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.

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…