Vice President, Chief Actuary - Asset Protection

Protective•Birmingham, AL

3d•$275,000 - $350,000

About The Position

The Vice President & Chief APD Actuary serves as the Asset Protection Division’s senior actuarial and risk executive, reporting to the Division President. The role provides independent actuarial oversight and shapes pricing, underwriting, portfolio, and risk decisions to support disciplined growth and strong financial performance. It leads the actuarial function and partners across the business to ensure the integrity of actuarial opinions, reserve analyses, and regulatory reporting. The position oversees actuarial and risk work for asset protection products, including vehicle service contracts (VSC), GAP, and ancillary offerings. It leads pricing and reserve governance, portfolio monitoring, reinsurance analysis, capital and solvency support, and P&C actuarial and regulatory reporting. The role also engages senior stakeholders and builds an accountable, high-performing actuarial organization.

Requirements

At least 10 years of progressively responsible actuarial experience in P&C, specialty, or asset protection insurance.
Senior actuarial team leadership experience and experience across pricing, reserving, risk management, financial reporting, regulatory engagement, and executive decision support.
Associate of the Casualty Actuarial Society (ACAS) required.
Deep P&C or specialty insurance expertise across pricing, reserving, reinsurance, in-force performance, loss drivers, and portfolio risk.
Strong quantitative, analytical, and problem-solving skills, including the ability to translate complex actuarial analysis into actionable insights and disciplined decisions.
Ability to communicate actuarial judgments, uncertainty, and recommendations credibly to executives, governance committees, boards, auditors, regulators, and technical and nontechnical stakeholders.
Ability to build trusted partnerships, constructively challenge assumptions, and maintain actuarial independence.
Ability to develop accountable, high-performing teams and create alignment through clear communication, change leadership, and disciplined execution.
Curiosity, adaptability, resilience, courage, authenticity, and professional integrity.

Nice To Haves

Fellow of the Casualty Actuarial Society (FCAS).
Experience with extended warranty, service contract, GAP, or similar protection products.
Reinsurance and loss portfolio monitoring experience.

Responsibilities

Provide independent actuarial and risk oversight for APD asset protection products, establish credibility as APD’s independent actuarial voice, preserve professional skepticism, and escalate material concerns.
Oversee pricing strategy and performance; challenge models, assumptions, methodologies, and data quality; strengthen pricing, reserve, model, and risk governance; and recommend actions supporting profitability, disciplined margins, financial objectives, and risk appetite.
Partner with Product, Underwriting, Finance, Commercial, Claims, and Operations on risk selection, guidelines, new products, program governance, portfolio trends, loss drivers, pricing implications, and mitigations.
Monitor in-force performance using dashboards and risk indicators, including loss ratios, emergence patterns, frequency and severity trends, and other experience metrics; recommend actions to improve outcomes or rebalance risk.
Lead actuarial support for reinsurance strategy, evaluating structures, pricing, economic value, capital impact, retention limits, counterparty exposure, performance, and emerging risks.
Lead reserve adequacy assessments and support capital, solvency, financial planning, stress testing, and M&A analyses with Finance and Enterprise Risk.
Own P&C actuarial and regulatory reporting, including reserve analyses, actuarial opinions, and supporting memoranda; monitor relevant developments and ensure reporting is timely, accurate, compliant, and useful for decisions.
Engage Pricing Committees, the CFO, the Chief Risk Officer, and other senior stakeholders with timely portfolio insights, clear performance reporting, actionable recommendations, and effective enterprise partnerships.
Build and lead an accountable, high-performing actuarial organization with strong capabilities, clear decision rights, technical standards, disciplined analysis, constructive challenge, continuous improvement, integrity, and succession depth.

Benefits

Annual incentive opportunity and Long Term Incentive (LTI) based on individual and Company performance.
Comprehensive health insurance.
Dental insurance.
Vision insurance.
Mental health benefits and an employee assistance program.
Paid time off.
Paid parental leave.
Short-term disability.
Cultural observance day.
Contributions to healthcare accounts.
Pension plan.
401(k) plan with Company matching.
ProHealth Rewards platform with opportunities to earn cash rewards.