Senior Actuary (FSA) - Life Projections

About the role

The Senior Actuary in the Enterprise Actuarial’s Life Projections team plays a crucial role in Pacific Life's growth and long-term success. Key responsibilities include supporting Economic Value/Economic Capital calculations, Asset Adequacy Analysis, Cash Flow Testing projections, and regulatory projection requirements.

Responsibilities

• Support Economic Valuation/Economic Capital calculations as part of the enterprise economic framework.
• Support Asset Adequacy Analysis including Cash Flow Testing projections, preparation of the Actuarial Opinion and Memorandum for multiple legal entities.
• Provide support for audit requests and interface with auditors, state regulators and examiners as necessary.
• Oversee the model input data management including the inforce liability data, the inforce asset data and the economic scenarios.
• Support finance transformation projects, including Prophet implementation.
• Implement process improvements, automation, and efficiencies where applicable.
• Develop analytic tools to help explain the modeled results and movement from prior periods.
• Develop junior actuarial professionals by providing insight, guidance and oversight.
• Communicate effectively with various audiences and be able to explain complex modeling issues in language appropriate for the audience.

Requirements

• Bachelor’s in actuarial science, finance, mathematics or related field or equivalent work experience.
• FSA with 6+ years actuarial experience OR ASA with additional years of experience.
• Ability to work independently and collaboratively as part of a team, and to manage long-term projects.
• Demonstrated leadership, organizational, and interpersonal skills.
• Judgment, resourcefulness, and ability to distill complicated issues into something more manageable.
• Excellent written/verbal communication skills with the ability to present complex information in a clear and concise manner to various audiences, including senior management.
• Excellent analytical, problem-solving, and decision-making skills.
• Solid experience with actuarial modeling software, MG-ALFA or Prophet a plus.

Qualifications

• Previous experience managing/coaching junior staff.
• Working knowledge of life insurance products.
• Highly organized and delivery focused.

Skills

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in actuarial modeling software (MG-ALFA or Prophet).

Benefits

• Base Salary Ranges per Location: Charlotte, NC: $152,370 - $186,230
  Newport Beach, CA: $167,670 - $204,930
  Omaha, NE: $144,810 - $176,990
• Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account.
• 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.
• A competitive 401k savings plan with company match and an additional contribution regardless of participation.

Pay

Base Salary Ranges per Location: Charlotte, NC: $152,370 - $186,230
Newport Beach, CA: $167,670 - $204,930
Omaha, NE: $144,810 - $176,990

Schedule

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.

Application Instructions

To apply, please visit our careers page at [insert link].