Actuary​/Associate Actuary - Capital Planning

Life insurance, vision insurance, parental leave, paid time off, 401(k)

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 is seeking a Capital Planning Actuary to join our Finance team. This role plays a critical part in shaping the company's capital strategy by leading analysis and projections related to the Bermuda Solvency Capital Requirement (BSCR) and Risk-Based Capital (RBC) frameworks. The ideal candidate will bring clarity and insight to senior leadership and the board, helping drive informed decisions that support Protective's long-term financial health.

This position collaborates cross-functionally with teams including asset-liability management, treasury, accounting, product development, enterprise risk management (ERM), and financial actuarial. It offers a unique opportunity to influence capital efficiency and regulatory strategy in a dynamic and growing organization.

• Coordinate the population and lead the analysis of the BSCR template for PL Re, currently reported annually with potential for increased frequency.
• Maintain and enhance short- and long-term projections of BSCR and RBC, providing insights into the impact of strategic decisions.
• Serve as a key contributor to the Capital Management Committee, presenting trends and forecasts.
• Drive initiatives aimed at improving capital efficiency across the organization.
• Analyze and communicate the impact of new regulations on BSCR and RBC capital positions.

• Strong understanding of life and annuity actuarial concepts.
• Familiarity with Bermuda capital framework preferred.
• Advanced Excel and data management capabilities.
• Exceptional analytical and problem-solving skills.
• Ability to translate complex calculations into clear, actionable insights.
• Proven collaboration skills across multiple departments.

• Bachelor's degree in Actuarial Science, Finance, or a related field.
• Associate of the Society of Actuaries (ASA) designation required.
• Minimum of 5 years of relevant experience in the life insurance industry preferred.

Protective's targeted salary range for this position is $94,000 to $120,000. Actual salaries may vary depending on factors, including but not limited to, job location, skills, and experience.

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.

We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing an inclusive workforce.