Director & Actuary - ALM Analytics

Pacific Life • Newport Beach, NC

17h • Hybrid

About The Position

Pacific Life is seeking a talented Director & Actuary to join its Enterprise ALM team. The company is committed to supporting policyholders with financial planning, retirement, and savings. This role is crucial for Pacific Life's growth and long-term success, involving leadership and contribution to high-visibility initiatives. The Director & Actuary will analyze enterprise interest rate risk metrics and develop effective risk mitigation solutions across both assets and liabilities. The team operates in a highly collaborative environment, managing asset liability risks across various Pacific Life products, including fixed annuities, payout annuities, life insurance, pension risk transfer, and spread lending products. The position requires close partnership with key stakeholders across the organization to deliver efficient, timely, and insightful ALM reporting. The role follows a hybrid schedule of four days in the office (on-site) in Newport Beach, CA; Omaha, NE; or Charlotte, NC, with comprehensive relocation assistance available if not currently located near an office.

Requirements

• FSA designation required
• 8+ years of actuarial experience in ALM, risk management, actuarial valuation, or related areas in the life insurance industry
• Bachelor’s degree in actuarial science, finance, mathematics, or related field or equivalent professional experience
• Strong quantitative, analytical, and problem-solving skills with intellectual curiosity and strong attention to detail
• Highly organized with effective time management and prioritization skills
• Ability to work independently while effectively leading and managing a team
• Strong verbal and written communication skills, with the ability to clearly represent ALM asset reporting to stakeholders
• Experience with VBA, SQL, Python, Tableau

Nice To Haves

• Prior experience with ALM frameworks and investment concepts
• Ability to collaborate effectively across diverse functional areas
• Experience managing and developing a diverse team while executing upon a shared vision

Responsibilities

• Lead and oversee enterprise asset reporting, ensuring accuracy, consistency, and alignment across all enterprise divisions and products
• Deliver cash forecasts and funding level reports to ensure investment activity appropriately support liabilities
• Partner with Investment Strategy, Finance, In-Force Management, Investment Operations, Accounting, Capital Management and Treasury on enterprise ALM reporting
• Enhance analytical accuracy by standardizing data sources and strengthening data governance
• Lead the development of data infrastructure and dashboard to enable comprehensive analysis and efficiently support asset-related requests
• Contribute to ALM risk metric reporting and strategies design; apply dynamic problem-solving to mitigate interest rate risk and optimize portfolio yield to enhance competitiveness
• Assist in developing enterprise investment strategies based on existing portfolio compositions and business needs
• Lead, mentor and develop a team of actuarial and financial professionals to drive strong contributes to the ALM Analytics team, department, and enterprise objectives

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

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 501-1,000 employees