Associate Actuary / Actuary - Property & Casualty

Protective is seeking an experienced Property & Casualty (P&C) actuarial professional to join our Enterprise Risk Management (ERM) team. This role will serve as a trusted risk advisor to Protective’s growing P&C businesses, including the Asset Protection Division (APD) and the Excess and Surplus (E&S) line of business. They will provide independent actuarial and enterprise risk management perspectives on material business decisions. The successful candidate will apply deep P&C insurance knowledge, actuarial judgment, and capital management expertise to help leadership understand the risk and capital implications of business growth, acquisitions, and other strategic initiatives. This individual will evaluate risk across underwriting, pricing, claims, reinsurance, catastrophe exposure, and capital, translating complex analyses into clear insights and practical recommendations. This is an opportunity to help shape the risk framework for a growing P&C platform, influence enterprise decisions, and support the continued integration and development of P&C operations within Protective. The role is well suited for an experienced actuary who has worked within an insurance carrier’s ERM function and can operate as an independent, credible advisor to business and senior leaders. Dependent on credentialling and experience, the internal title for this role will be either Associate Actuary, P&C or Actuary, P&C. Our posted range encompasses the listed salary for both levels. Key Responsibilities Serve as the primary ERM partner supporting Protective’s P&C businesses, including the Asset Protection Division and the Excess and Surplus line of business Provide constructive, independent challenge of business assumptions, actuarial analyses, risk assessments, and management decisions Provide independent actuarial and ERM advice on business growth, risk-taking activities, acquisitions, strategic initiatives, and emerging risks Assess insurance risk exposures relative to Protective’s risk appetite, limits, tolerances, and capital framework Develop and enhance P&C risk metrics, key risk indicators, dashboards, limits, monitoring processes, and escalation procedures Analyze profitability, underwriting performance, adverse loss development, earnings volatility, catastrophe exposure, concentration risk, and potential capital impacts, Perform and evaluate stress testing, scenario analysis, and capital assessments to identify potential downside exposures Monitor reinsurance programs, risk-transfer strategies, collateral arrangements, and counterparty credit exposures Monitor catastrophe exposures, geographic concentrations, and risk-accumulation trends across the P&C platform Participate in Own Risk and Solvency Assessment activities, regulatory reporting, annual risk assessments, and emerging-risk reviews Translate actuarial and capital analyses into clear recommendations for business leaders, senior management, ERM committees, and Board-level discussions Evaluate the risk and capital implications of potential P&C acquisitions, new programs, portfolio changes, and market expansion opportunities Support the integration of acquired businesses and their risk management practices into Protective’s enterprise risk framework Promote a strong risk culture through education, communication, collaboration, and constructive challenge Core Competencies (Skills, Knowledge And Abilities) Deep knowledge of P&C insurance risks, products, underwriting, pricing, claims, reserving, reinsurance, and capital managementStrong understanding of enterprise risk management principles and their application within an insurance carrierAbility to evaluate business decisions from actuarial, enterprise risk, and capital management perspectivesStrong actuarial judgment, quantitative analysis, and structured problem-solving capabilitiesAbility to evaluate complex financial and risk information, identify material implications, and develop actionable recommendationsStrategic thinking and business acumen, including the ability to balance growth, profitability, capital, and risk considerationsAbility to provide objective, independent challenge while maintaining strong and productive business partnershipsStrong written, verbal, and presentation skills, with the ability to communicate complex actuarial and risk concepts to technical and non-technical audiencesAbility to establish credibility and influence business and senior leaders across organizational boundariesSound judgment and effective decision-making in complex, changing, or ambiguous situationsAbility to work independently, manage multiple priorities, and contribute with limited directionIntellectual curiosity and a commitment to continuous learning, process improvement, and emerging risk awarenessAbility to use artificial intelligence tools responsibly to enhance learning, analysis, and business processes Required Qualifications Associate of the Casualty Actuarial Society (ACAS) designationAt least seven years of experience in Property & Casualty insurance, actuarial risk management, actuarial consulting, or a related P&C actuarial fieldDirect P&C actuarial experience and a strong understanding of P&C insurance products and operationsDemonstrated knowledge of underwriting, claims, reinsurance, insurance risk, and capital managementExperience performing or evaluating complex actuarial, financial, capital, or enterprise risk analysesDemonstrated ability to translate technical analyses into clear business insights and recommendationsExperience communicating with and influencing leaders and stakeholders across multiple functions Preferred Qualifications Fellow of the Casualty Actuarial Society (FCAS) designationWarranty, asset protection, specialty insurance, or related P&C product experienceEnterprise risk management experience within a P&C insurance carrierExperience advising business leaders from both actuarial and enterprise risk management perspectivesExperience evaluating capital requirements, capital adequacy, or risk-based capital implications for P&C businessesExperience supporting acquisitions, actuarial due diligence, business integrations, or organizational transformation initiativesFamiliarity with Own Risk and Solvency Assessment (ORSA) requirements, insurance regulatory reporting, and risk governance frameworksExperience developing or evaluating stress tests, scenario analyses, or capital modelsWorking knowledge of catastrophe modeling platforms and catastrophe-risk management practicesExperience developing risk appetite measures, key risk indicators, dashboards, risk limits, or senior-management risk reportingExperience providing independent oversight or challenge within a second-line risk function Protective’s targeted salary range for this position is $95,500 to $175,000. 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.