Senior Actuary (FSA) - Life Statutory Valuation

About the Role

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. 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. If you are not currently located near one of our offices, we offer comprehensive relocation assistance.

You will fill an existing role that sits on a team of 6 people in the Enterprise division. Your colleagues will include FSAs, ASAs, and analysts.

Responsibilities

• Bring our quarterly reserve analysis forward with additional insights, identification of drivers, and explanation of movements for various audiences
• Assist with quarterly valuation work in Prophet. Identify bottlenecks and propose solutions for further automation and operational excellence
• Enhance our policy audit tools by building off of existing frameworks or coming up with independent ideas to satisfy internal stakeholders, regulators, and auditors
• Work with modeling, data, reinsurance, and other Valuation teams to enhance models, validate changes, and improve the overall modeling
• Collaborate with and upskill junior members of the team

Requirements

• Bachelor’s degree in actuarial science, computer science, finance, mathematics, or a related field
• FSA designation
• 6+ years relevant experience
• Proficiency in Prophet, Excel, AI, and Snowflake
• Knowledge of Life Statutory Valuation, VM-20, and Pre PBR Valuation standards

What Makes You Stand Out

• Driven to learn, driven to automate, not afraid to take risks. Does not accept the status quo as the future state
• History of implementing automation
• Hungry, humble, smart. Collaborates well with broader group. Proposes process improvements and new ways of analysis

Pay

Base salary ranges (location specific):

• Newport Beach, CA: $167,670 - $204,236
• Omaha, NE: $144,810 - $176,990
• Charlotte, NC: $152,370 - $186,230

The actual compensation offered will be dependent upon several factors, including but not limited to experience, qualifications, and geographic location. Most employees are also 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