Associate Actuary / Actuary - Property & Casualty

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 management.
• Strong understanding of enterprise risk management principles and their application within an insurance carrier.
• Ability to evaluate business decisions from actuarial, enterprise risk, and capital management perspectives.
• Strong actuarial judgment, quantitative analysis, and structured problem-solving capabilities.
• Ability to evaluate complex financial and risk information, identify material implications, and develop actionable recommendations.
• Strategic thinking and business acumen, including the ability to balance growth, profitability, capital, and risk considerations.
• Ability to provide objective, independent challenge while maintaining strong and productive business partnerships.
• Strong written, verbal, and presentation skills, with the ability to communicate complex actuarial and risk concepts to technical and non-technical audiences.
• Ability to establish credibility and influence business and senior leaders across organizational boundaries.
• Sound judgment and effective decision-making in complex, changing, or ambiguous situations.
• Ability to work independently, manage multiple priorities, and contribute with limited direction.
• Intellectual curiosity and a commitment to continuous learning, process improvement, and emerging risk awareness.
• Ability to use artificial intelligence tools responsibly to enhance learning, analysis, and business processes.

Required Qualifications

• Associate of the Casualty Actuarial Society (ACAS) designation.
• At least seven years of experience in Property & Casualty insurance, actuarial risk management, actuarial consulting, or a related P&C actuarial field.
• Direct P&C actuarial experience and a strong understanding of P&C insurance products and operations.
• Demonstrated knowledge of underwriting, claims, reinsurance, insurance risk, and capital management.
• Experience performing or evaluating complex actuarial, financial, capital, or enterprise risk analyses.
• Demonstrated ability to translate technical analyses into clear business insights and recommendations.
• Experience communicating with and influencing leaders and stakeholders across multiple functions.

Preferred Qualifications

• Fellow of the Casualty Actuarial Society (FCAS) designation.
• Warranty, asset protection, specialty insurance, or related P&C product experience.
• Enterprise risk management experience within a P&C insurance carrier.
• Experience advising business leaders from both actuarial and enterprise risk management perspectives.
• Experience evaluating capital requirements, capital adequacy, or risk-based capital implications for P&C businesses.
• Experience supporting acquisitions, actuarial due diligence, business integrations, or organizational transformation initiatives.
• Familiarity with Own Risk and Solvency Assessment (ORSA) requirements, insurance regulatory reporting, and risk governance frameworks.
• Experience developing or evaluating stress tests, scenario analyses, or capital models.
• Working knowledge of catastrophe modeling platforms and catastrophe-risk management practices.
• Experience developing risk appetite measures, key risk indicators, dashboards, risk limits, or senior-management risk reporting.
• Experience providing independent oversight or challenge within a second-line risk function.