Senior Actuary (FSA) - Enterprise Finance & Actuarial Projects

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 Senior Actuary, Enterprise Finance and Actuarial Projects to join our Enterprise projects team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA, Omaha, NE, or Charlotte, NC. If you are not currently located near one of our offices, we offer comprehensive relocation assistance.

As a Senior Actuary, you’ll play a key role in Pacific Life’s growth and long-term success by primarily executing critical enterprise-wide projects. This role will be within Enterprise Finance and Actuarial Projects team that could support a variety of finance and actuarial projects that may involve collaborating with teams across the enterprise.

How you’ll help us move forward:

• Leading and managing complex finance and actuarial projects, ensuring timely and accurate completion.

• Providing support across enterprise finance and actuarial transformation efforts leading to efficiencies. 

• Driving consistent enterprise-level implementation of new actuarial reporting requirements and methodologies under external or internal reporting bases. 

• Support implementing model development projects, conversions and large-scale changes. 

• Ensuring appropriate stakeholder management through presentations to senior management, summarizing findings and providing actionable recommendations.

• Communicating complex actuarial concepts and results to non-actuarial stakeholders in an understandable manner.

• Implementing required new regulatory changes involving actuarial responsibilities. 

• Providing resource backfill support across Enterprise Finance and Actuarial. 

• Training and mentoring junior actuarial staff, fostering their professional development and ensuring high-quality work.

The experience you bring:

• Bachelor's in actuarial science, Computer Science, Finance, Mathematics, or related field or equivalent work experience

• 6+ years’ actuarial experience, 4-year degree or equivalent experience, and FSA designation.

• Working knowledge of various reporting frameworks including regulatory and management reporting; economic value / economic capital, risk-neutral and real-world liabilities, best estimate, and padded assumption setting, etc. 

• Ability to work independently and manage long-term projects

• Detail-oriented with excellent organizational, communication, and interpersonal skills

• Excellent analytical, problem-solving, and decision-making skills​

• Knowledge of model development platforms and data processes.

• Software/Programming experience using Python, R, Visual Basic and SQL

• Experience using BI tools (Power BI and/or Tableau)

• Work comfortably with databases (Snowflake, Oracle), preferably Snowflake

What makes you stand out:

• Working knowledge of annuity/life insurance products

• Working experience with Actuarial software is a plus (Prophet)

• Self-starter with the ability to collaborate well with various stakeholders in multiple functional areas in developing solutions to business problems

• Ability to introduce innovative ideas and approaches is solving business problems

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.

$167,670.00 - $204,930.00

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

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

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.