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.