Senior Actuarial Analyst (Rotation Program)

Pacific Life • Newport Beach, CA

42d • 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 Senior Actuarial Analyst with 5+ SOA exams passed, 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. Students typically rotate every 18-24 months, which aims 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
• 5+ SOA exams passed
• Foundational knowledge of actuarial concepts with the ability to apply analytical and technical skills to build and interpret models for life insurance products

Nice To Haves

• 2+ years of direct actuarial experience
• Interest, momentum, and a gameplan to obtain the ASA/FSA designation
• Experience adapting communication techniques to suit various audiences
• Initiative to resolve routine challenges independently, ensuring timely and effective outcomes
• Specific examples of times when you've collaborated with cross-functional teams and stakeholders
• Comfort working with data and actuarial models, leveraging technical skills to solve business problems

Responsibilities

• Actively pursue the ASA/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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Insurance Carriers and Related Activities
• Number of Employees: 1,001-5,000 employees