Actuarial Analyst

Pacific Life • Newport Beach, CA

12d • Hybrid

About The Position

Pacific Life is seeking actuarial professionals for its internal actuarial student rotation program in Newport Beach, California; Omaha, Nebraska; or Charlotte, North Carolina. The company is recruiting at several levels based on education, experience, and credentials. The position follows a hybrid schedule with four days in the office. Candidates who do not currently live near a Pacific Life office will be required to relocate.

Actuarial students are enrolled in the Student Actuarial Rotation Program, which is designed to develop and broaden their skills, knowledge, and experience across Pacific Life. Students typically rotate every 18–24 months to gain exposure to multiple functional areas, products, and technologies. The program supports progress toward Fellowship through paid study time, reimbursement of exam registration fees and study materials, and bonuses and raises for passing exams and modules.

The role involves pursuing ASA/FSA credentials while analyzing and managing risk related to insurance and other financial products and instruments. Actuarial Analysts provide business leaders with counsel on the economic and financial costs of risk and uncertainty, develop and validate models used in business decisions, monitor relevant laws and regulations, and incorporate statistical trends and business goals into analyses and recommendations.

Requirements

• Progress toward actuarial credentials and a strong commitment to achieving the ASA/FSA designation.
• Relevant actuarial experience and a solid foundation in actuarial and financial concepts.
• Experience working with actuarial models, financial analysis, or other quantitative tools and processes.
• Bachelor’s degree in actuarial science, mathematics, statistics, finance, or a related quantitative field.

Nice To Haves

• Demonstrated drive toward achieving the FSA designation.
• Ability to connect technical analysis and emerging trends to financial and business impacts.
• Strong technical expertise and sound judgment regarding reasonability and materiality.
• Ownership of end-to-end processes and ability to move work forward independently with limited guidance.
• Continuous-improvement mindset, including identifying opportunities for automation, simplification, and process enhancement.
• Ability to constructively challenge existing approaches and recommend priorities or alternative solutions.
• Strong communication skills, including translating complex analysis into clear messages and presentations for different audiences.
• Adaptability and effectiveness when priorities change.

Responsibilities

• Pursue the ASA/FSA credential through participation in the Student Actuarial Rotation Program.
• Perform analyses to assess and manage risk associated with insurance and other financial products and instruments.
• Analyze and advise business leaders regarding the economic and financial costs of risk and uncertainty.
• Use advanced statistical analysis, predictive modeling analytics, financial accounting, and/or actuarial research to develop, test, and validate models used in business decisions.
• Monitor developments in laws and regulations applicable to functional area operations.
• Consider internal and external statistical trends, factors, issues, data, and company goals and strategies in analyses, recommendations, and decisions.

Benefits

• Medical, dental, and vision coverage.
• Wellbeing Reimbursement Account for employees or eligible dependents.
• Paid time off, holiday schedules, and Financial Planning Time Off.
• Paid parental leave.
• Adoption assistance program.
• Competitive 401(k) savings plan with company match and an additional contribution regardless of participation.
• Paid study time and reimbursement for exam registration fees and study materials.
• Bonuses and raises associated with passing exams and modules.
• Additional incentive pay may be available to most employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level