I’m curious about your thoughts concerning this statement in Romans…

I’m curious about your thoughts concerning this statement in Romans 5:10. It reads, “for if while we were enemies we were reconciled to God by the death of his son, much more now that we are reconciled, shall we be saved by his life.“

“Saved by his life”, is this talking about the life that Jesus lived here on earth; the life that he now lives in heaven as our intercessor; or both?