Associate Actuary, ASA (Rotation Program)

Pacific Life•Newport Beach, CA

43d•Hybrid

About The Position

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. Why? Because it's the right thing to do. Pacific Life is more than a job, it's a career with purpose. It's a career where you have the support, balance, and resources to make a positive impact on the future - including your own. We're actively seeking talented Actuarial professionals for our internal rotation program at Pacific Life in Newport Beach, CA or Omaha, NE. This opportunity follows a hybrid schedule of four days in the office (on-site). If you are not currently located near one of our offices, you will be required to relocate. We offer comprehensive relocation assistance. As an Associate Actuary with an ASA credential, you will automatically be enrolled in our Student Actuarial Rotation Program. The purpose of the Program is to develop and broaden the skills, knowledge, and breadth of experience of actuaries across Pacific Life. ASA actuary students typically rotate every 2 years to provide exposure to multiple functional areas, products, and technologies. The Actuarial Student Program provides competitive benefits designed to encourage and assist with progress toward the Fellowship designation including paid study time, expense reimbursement for registration fees and study materials, along with special bonuses and raises associated with passing exams and modules.

Requirements

Bachelor's degree in Actuarial or a related field
ASA designation in pursuit of FSA
Applies advanced actuarial concepts and analytical techniques to design, build, and interpret complex models for life insurance products, providing insights that influence business decisions and improve financial outcomes.

Nice To Haves

4+ years of direct actuarial experience
Gameplan to obtain the FSA designation
Demonstrated technical depth by explaining trends and downstream impacts, taking ownership of processes (not just tasks), and applying in-depth knowledge in actuarial topics.
Specific examples of decision-making through sound analysis, reasonability checks, and clear articulation of how work impacts overall financial and business outcomes.
Intentional communication with diverse stakeholders, tailoring messaging for different audiences and representing team interests while building cross-functional relationships.
Proactive processes improvements by-way-of identifying automation opportunities, recommending workflow enhancements, and challenging the status quo to optimize outcomes.
Experienced strategic agility by adapting quickly to changing priorities, foreseeing future problems, and designing solutions that align with team and enterprise goals.

Responsibilities

Actively pursue the FSA credential by participating in the Student Actuarial Rotation Program
Perform analyses to assess and manage risk associated with insurance and other financial products & instruments
Analyze and provide counsel to business leaders regarding the economic and financial costs of risk and uncertainty for the business
Use knowledge of advanced statistical analysis, predictive modeling analytics, financial accounting, and/or actuarial research to develop, test, and validate models used in business decisions.
Monitor and analyze laws and regulation developments applicable to functional area operations
Consider internal and external statistical trends, factors, issues, and data impacting results as well as the company's business goals and strategies in analyses, recommendations, and/or decisions.

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

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