AVP - Group Employee Benefits Risk Management

Experience You Will Bring

• 10+ years of relevant Actuarial/Risk Management experience within the Group Employee Group Benefits industry
• Strong understanding of how insurance, operational, and strategic risks manifest in group benefits products
• Strong analytical capabilities with ability to apply analytical/critical thinking background to new situations
• Self-starter who can be trusted to take ownership of their work product
• Understanding of insurer financials, including Statutory and GAAP accounting, as well as how those frameworks are represented in product pricing
• Strategic, creative, and broadly focused thinker with demonstrated ability to be persuasive and collaborative

How You’ll Make An Impact

• Support the execution of the Group Employee Benefits Division strategy to grow and scale a $1B revenue, profitable business in the Group Benefits market
• Collaborate with partners on a variety of new business and in force initiatives to identify, assess and mitigate key risks, including:
• New product development
• Rate development
• Renewal strategies
• Execution of Technology and Operations roadmaps
• Partner with Finance & Actuarial, Risk Management and WBD to tailor pricing and other risk policies and standards as needed for Group Benefits
• Oversee the implementation of underwriting and pricing methodologies, support assumption oversight and model risk governance activities within the Division
• Supervise operational risk management activities within the Division and coordinate 2nd lines of defense activities within the Division where needed (e.g., Risk, Compliance, CISO)
• Promote a risk-aware culture and drive consistent and effective management practices
• Develop and maintain division-level risk governance and reporting
• Remain engaged with the competitive landscape, providing an understanding of competitor risk practices to stakeholders
• Contribute to the development of enterprise-wide risk policies and standards and promote their adoption throughout the Division

Base Salary Range

Base Salary Range: $230,000 - $268,000

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.

Benefits

• 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

What’s life like at Pacific Life?

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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.