Senior Actuary (FSA) - New Business Model Development

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 to join our New Business Model Development team in Newport Beach CA, Omaha NE, or Charlotte NC. This role follows a hybrid schedule of four days in the office (on-site). If you are not currently located near one of our offices, you will be required to relocate; we offer comprehensive relocation assistance.

As a Senior Actuary you'll move Pacific Life, and your career, forward by developing pricing models for the company's institutional products. You will fill a role that sits on a team of four people in the Corporate division.

How you'll help move us forward:

• Design, build, maintain, and act as model developer for various Institutional Division products, which may include Pension Risk Transfer, Stable Value Wrap, Lifetime Income, and Capital Markets.

• Contribute to the implementation of actuarial automation systems using technologies such as Snowflake, AWS, Python, C#, Docker, Git, and Azure Pipelines.

• Collaborate with internal partners to define requirements and ensure the delivery of accurate, reliable, and effective solutions.

• Assist in troubleshooting, debugging, and maintenance of model code and automation systems.

• Conduct your work following CI/CD and Agile methodologies.

• Contribute ideas to help the team improve its software development environment and processes.

• Build a network of internal partners and foster a positive personal brand reputation across divisions and locations of the company.

The experience you bring:

• Bachelor's degree in Mathematics, Economics, Finance, Actuarial Science, Statistics, or related degree

• Fellow of the Society of Actuaries (FSA) with 8+ years of experience

• Understanding of life and annuity products and common asset/liability modeling approaches

• Experience in programming languages such as Python, C#

• Demonstrated initiative and ownership of responsibilities

• Strong problem-solving and communication skills

What makes you stand out:

• Industry knowledge on insurance institutional products.

• Experience applying AI tools and technology to day-to-day Actuarial work.

• Experience developing asset models used in actuarial projections.

• Familiarity with Azure DevOps, CI/CD practices, Git, etc.

• Ability to leverage AI platforms (such as Github Copilot) in the software development process.

You can be who you are.

People come first here. We're committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

Benefits start Day 1.

Your wellbeing is important. We're committed to providing 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 a 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.

Base Salary Ranges per Location:

• Newport Beach, CA: $167,670 - 204,936

• Omaha, NE: $144,810 - $176,990

• Charlotte, NC: $152,370 - $186,230

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

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.