Jobs · Finance · Nebraska

Senior Actuary (FSA) - Life Pricing

Pacific Life · Omaha, NE · 2 wk ago
HybridFinance$152k–$186k/yrFull-time

About the role

The Senior Actuary in Life Pricing plays a pivotal role in driving pricing strategy, maintaining pricing models, and providing expert-level analysis and insights. This role is hybrid, combining on-site and remote work, and offers comprehensive relocation assistance for those not currently located near an office.

Responsibilities

  • Lead and execute end-to-end actuarial initiatives, clearly communicating results to stakeholders and senior leadership.
  • Drive pricing strategy through market research, assumption setting, and collaboration with ALM, investment, and reinsurance teams.
  • Own and maintain pricing models, ensuring documentation and alignment with regulatory and risk management developments.
  • Provide expert-level analysis and insights, including high-level summaries and real-time metrics for leadership.
  • Identify and solve complex, ambiguous problems using sound judgment and first-principles thinking.
  • Mentor junior staff, provide technical guidance, and foster a positive, inclusive team culture.
  • Monitor industry trends and propose strategic responses, including policy changes and innovation opportunities.
  • Explore and apply emerging technologies to enhance product development and competitive positioning.

Requirements

  • Bachelor’s degree in Actuarial Science, Mathematics, Computer Science, Data Science, or other related fields.
  • FSA designation required.
  • Experience with life insurance products and features.
  • Experience with actuarial modeling software (Prophet, GGY Axis, MG-ALFA, etc.).
  • Knowledge of relevant regulation, including Illustration Model Regulation, Actuarial Guideline 49 (AG 49), and Standard Nonforfeiture Law.
  • Experience with actuarial modeling software (Prophet, GGY Axis, MG-ALFA, etc.).
  • Experienced in the development of life insurance products and a self-starter with a strong technical background.

Qualifications

  • 6+ years’ actuarial experience.
  • Strong technical skills in actuarial modeling software and/or the ability to quickly learn new technology platforms.
  • Detail-oriented with excellent organizational and interpersonal skills.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Ability to understand the big picture and mobilize initiatives in ambiguous situations.
  • Proficiency in Microsoft Excel.

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