Director & Actuary, VA & RILA Valuation and Projection
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 a talented Director & Actuary to join our VA & RILA Valuation and Projection team. 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. As a Director & Actuary, you’ll move Pacific Life, and your career, forward by overseeing the completion of periodic statutory valuation and asset adequacy analysis processes and providing insights regarding financial results. You will fill a new role that directly supervises a team of three people in the corporate division. Your team members will include actuaries and business analyst professionals.
Requirements
- Bachelor's degree in Actuarial Science, Mathematics, or a related field
- FSA designation
- 8+ years of actuarial experience, with at least 3 years post-FSA designation
- Experience mentoring and developing team members
Nice To Haves
- Passion to be the best team
- Prior experience with variable annuities, RILA, valuation and/or modeling
- Familiarity with VM-21 and C3 RBC
- Prophet experience
- Strong organizational, time management, and leadership skills
Responsibilities
- Lead and develop a staff of actuaries and business analyst professionals by providing insights, guidance, and oversight through setting and communicating clear objectives and expectations, providing stretch assignments based on employees' skills & levels, and providing knowledge transfer, coaching and support
- Direct and oversee the completion of periodic statutory valuation and asset adequacy analysis processes
- Lead development of analysis to explain financial results
- Ensure appropriate valuation controls
- Engage key stakeholders at appropriate level of involvement to drive decision-making in a timely manner
- Implement process improvements, automation, and efficiencies
- Foster collaboration, manage expectations and workloads, and communicate project updates, milestones, and risks
- Communicate effectively with various stakeholders, from interns to senior management, in language appropriate for the audience
Benefits
- Comprehensive relocation assistance
- Medical, Dental, Vision
- Wellbeing Reimbursement Account
- Generous paid time off options
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Director
