Derivative Lead Analyst / Analyst II - Portfolio Management

Posted:
5/26/2026, 3:24:16 AM

Location(s):
Birmingham, Alabama, United States ⋅ Alabama, United States

Experience Level(s):
Senior

Field(s):
Finance & Banking

Workplace Type:
On-site

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.

The Derivative Analyst II or Lead Analyst plays a key role on the Derivatives team, supporting portfolio management and risk management for insurance liabilities. This position is ideal for a quantitatively minded professional with strong capital markets and technical skills who is interested in building, maintaining, and improving derivative hedging models and systems. The role offers exposure to senior leadership, hands-on analytical responsibility, and the opportunity to grow into direct portfolio ownership over time.
The internal job title for this role is Associate II OR Lead Associate Portfolio Management & Trading. Leveling is determined by the hiring manager based on competency, education, and relevant experience.

Employee Benefits:  
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. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective’s platform to improve wellbeing while earning cash rewards.   

Eligibility for certain benefits may vary by position in accordance with the terms of the Company’s benefit plans.

Accommodations for Applicants with a Disability:
If you require an accommodation to complete the application and recruitment process due to a disability, please email [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  General employment questions should not be sent through this process.

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