AVP Actuary - PRT Pricing Operations & Post Sale Management

Pacific Life • Newport Beach, CA

1d • 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. 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 a talented AVP Actuary, PRT Pricing Operations and Post Sale Management to join our PRT Pricing Team in Newport Beach, CA; Omaha, NE; or Charlotte, NC. This role follows a hybrid schedule of four days in the office (on-site). If you are not currently located near one of our offices, we offer comprehensive relocation assistance. As a AVP Actuary, PRT Pricing Operations and Post Sale Management you’ll move Pacific Life, and your career, forward by overseeing the operational effectiveness and strategic evolution of Pacific Life's PRT pricing operating model. The position will lead post sale initiatives including the repricing process, contracting support, operational coordination, and pricing transformation efforts, while also serving as a technical subject matter expert to the PRT Pricing organization. You will fill a new role that sits on a team of 15 people in the Institutional division. Your colleagues will include Actuaries and fellow PRT Pricing professionals. You will partner closely with Pricing, Sales Enablement & Implementation (SE&I), Legal, Finance, Valuation, and Technology teams to support the continued growth, scalability, and profitability of the PRT business. This role combines business leadership, actuarial expertise, operational insight, and strategic execution to improve how Pacific Life manages its PRT business and supports future growth.

Requirements

• Fellow of the Society of Actuaries (FSA)
• Minimum 10 years of actuarial experience
• Minimum 5 years of direct Pension Risk Transfer Pricing experience
• Strong understanding of PRT pricing methodologies, transaction structures, and industry practices
• Prior experience in PRT pricing, product development, inforce management, or related actuarial leadership roles
• Experience evaluating and defending actuarial assumptions, methodologies, and recommendations with senior stakeholders
• Demonstrated ability to influence and lead cross-functional initiatives within a matrixed environment
• Strong project management, organizational, and communication skills
• Ability to balance strategic thinking with execution and operational leadership

Nice To Haves

• Enrolled Actuary (EA) designation
• Significant experience with Pension Risk Transfer transaction pricing
• Experience supporting buy-in transactions and complex contractual negotiations
• Deep understanding of cash balance plans, lump sum windows, deferred populations, and other specialized liabilities
• Experience with the reprice process, profitability monitoring, and inforce management
• Experience leading large-scale business transformation initiatives
• Knowledge of actuarial modeling platforms, including Prophet
• Experience with Snowflake, data modernization initiatives, or AI-enabled business solutions
• Proven ability to serve as a technical leader while effectively partnering across actuarial, operational, legal, and business functions
• Track record of driving operational excellence, process improvements, and scalable business solutions

Responsibilities

• Lead oversight of post-sale pricing & management of Pacific Life's PRT transactions
• Own the end-to-end post-sale management partnering with SE&I, Operations, Product, Finance, Valuation & Legal to support the effective administration and ongoing management of sold business
• Create framework, governance and oversight of PRT repricing activities, including evaluation of post-sale changes that may result in premium adjustments, refunds, or additional premium collections
• Establish, enhance, and oversee repricing methodologies, tools, controls, and operational processes, while providing technical review and strategic guidance as processes mature
• Serve as the primary liaison between the PRT Pricing organization, Operations, Legal, and SEI teams
• Review Group Annuity Contracts (GACs), buy-in agreements, and transaction-specific contractual provisions to assess operational feasibility, pricing implications, and profitability impacts, translating into pricing impacts when necessary
• Provide expertise on complex benefit structures, non-standard plan provisions, administrative considerations, and implementation challenges when evaluating PRT opportunities
• Support implementation and onboarding activities for complex transactions where actuarial and business expertise are required
• Serve as a senior Pension Risk Transfer subject matter expert for the PRT Pricing organization
• Provide technical guidance and consultation to pricing actuaries on complex, unique, and non-standard transactions
• Support development and enhancement of pricing methodologies, analytical frameworks, and pricing best practices
• Provide independent challenges, insights, and recommendations on pricing assumptions based on industry knowledge and emerging experience
• Mentor and develop pricing team members by sharing technical expertise and market knowledge
• Lead strategic initiatives designed to improve scalability, efficiency, and profitability across the PRT business
• Identify opportunities to automate, streamline, and modernize actuarial and business processes
• Provide business oversight for the PRT Snowflake data platform and future data modernization initiatives
• Champion AI-enabled solutions that improve pricing operations, profitability management, reporting, analytics, and decision-making
• Drive governance and business adoption of new technologies and operational capabilities
• Champion a culture of continuous improvement, innovation, and operational excellence across the PRT organization

Benefits

• Medical
• Dental
• Vision
• Wellbeing Reimbursement Account
• Paid Time Off
• Holiday Schedules
• Financial Planning Time Off
• Paid Parental Leave
• Adoption Assistance Program
• Competitive 401k savings plan with company match and an additional contribution regardless of participation
• Relocation assistance

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed