Pacific Life-posted 7 months ago
$163,620 - $199,980/Yr
Full-time • Senior
Remote • Newport Beach, CA
Insurance Carriers and Related Activities

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 Senior Actuary to join our Enterprise Modeling Team in Newport Beach, CA; in Omaha, NE, or remotely from a home office. Candidates open to relocating to one of these locations are encouraged to apply. This role is hybrid or can be 100% remote. We believe in empowering our employees to get work done both in and out of the office.

  • Ensure models are accurate, reliable, meet business requirements, and follow modeling best practices.
  • Develop and test/debug Prophet models, and peer review changes made by other team members.
  • Serve as an internal Prophet expert for colleagues.
  • Collaborate with cross-functional project teams of developers, Data/IT, and business stakeholders.
  • Communicate effectively with senior management and stakeholders regarding actuarial modeling results and insights.
  • Stay updated on industry trends, regulations, and best practices in actuarial modeling and incorporate them into the implementation process.
  • Support and comply with all Model Risk Management initiatives, documentation, and standards.
  • Bachelor's in actuarial science, computer science, finance, mathematics, or a related field.
  • 6+ years of actuarial experience.
  • FSA designation.
  • 4+ years' experience in model development with Prophet, including familiarity with all components within FIS Insurance Risk Suite (e.g., PP, PE, DCS, PRD) and advanced knowledge of Prophet libraries (e.g., US 360, ALS, Life and Health libraries).
  • Experience coding in Python, Visual Basic, and SQL.
  • Self-starter with the ability to develop solutions by collaborating with multiple business partners.
  • Ability to work independently and collaboratively with multiple business partners.
  • Detail-oriented with excellent organizational, communication, and interpersonal skills.
  • Excellent analytical, problem-solving, and decision-making abilities.
  • Experience working with Azure DevOps, pipelines, and AWS.
  • Advanced knowledge and experience in Prophet, particularly in asset and ALM modeling.
  • Experience coding in Python.
  • Advanced knowledge of products and reserving for Life and Annuities.
  • Experience with FIA/RILA hedging is a plus.
  • 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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