Senior Actuary

Senior Actuary - Valuation and Projection

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Senior Actuary - Valuation and Projection

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Job Description
Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.

Job Description
Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.
We’re actively seeking a talented Valuation Actuary to join our Enterprise Valuation team. The Enterprise Valuation team is responsible for all aspects of valuation and projection work across life insurance, annuities, and institutional products. This role will be based out of our Newport Beach, CA or Omaha, NE office.
Note: Actual title will reflect the chosen candidate's experience and exam progress. Candidates who meet most but not all requirements are encouraged to apply.
How You Will Make An Impact

• Direct the timely preparation of quarterly reserve reporting and the annual statement pages, exhibits and supplements in accordance with regulatory requirements.
• Direct and perform Asset Adequacy Analysis, and Economic Value/Economic capital reporting.
• Develop and recommend strategies to address issues and improve performance related to the quarterly and annual valuation and/or projection tasks.
• Provide support for audit requests (e.g. Department of Insurance) and interface with auditors, state regulators and examiners.
• Lead valuation and projection enhancements and modifications to build and automate end-to-end processes.
• Communicate and present results to management with clarity and appropriate depth.
• Develop junior actuarial professionals by providing insight, guidance, and oversight.
• Foster collaboration, manage expectations, and effectively communicate project updates, milestones, and risks.
  

The Experience You Will Bring

• Bachelor’s in actuarial science, finance, mathematics, or related field, or equivalent work experience.
• FSA with 6+ years of actuarial experience.
• Ability to work independently and collaboratively as part of a team, and to manage long-term projects.
• Demonstrated leadership, organizational, and interpersonal skills.
  

What Will Make You Stand Out

• Experience with valuation and/or projection processes.
• Proven experience with actuarial modeling software, Prophet is an asset.
• Highly organized and delivery-focused.
• Excellent written/verbal communication skills with the ability to present complex information in a clear and concise manner to various audiences, including senior management.
• Excellent analytical, problem-solving, and decision-making skills.
  

We understand that skills and experience come in many forms. Even if you don’t meet all of the listed requirements, we encourage you to apply!
The Recruiting Process

• All resumes will go through an initial review.
• Selected candidates will be notified via email regarding next steps.
  

Compensation

• Competitive compensation packages are based on your experience and location.
• The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.
• Senior Actuary: Base compensation may range between $160,700 - $195,400.
• Director and Actuary: $193,950- $237,050.
  

You Can Be Who You Are.
People come first here. We’re committed to an inclusive workforce. Learn more about how we create a welcoming work environment at What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.
Base Pay Range
The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.
Your Benefits Start Day 1
Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

• Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
• Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
• Paid Parental Leave as well as an Adoption Assistance Program
• Competitive 401k savings plan with company match and an additional contribution regardless of participation
  

EEO Statement
Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Insurance

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