Senior Actuary (FSA) - New Business Model Development

Pacific Life • Charlotte, NC

9d • 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 a talented Senior Actuary to join our New Business Model Development 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, you will be required to relocate; we offer comprehensive relocation assistance. As a Senior Actuary you’ll move Pacific Life, and your career, forward by developing pricing models for the company's institutional products. You will fill a role that sits on a team of four people in the Corporate division. How you’ll help move us forward: Design, build, maintain, and act as model developer for various Institutional Division products, which may include Pension Risk Transfer, Stable Value Wrap, Lifetime Income, and Capital Markets. Contribute to the implementation of actuarial automation systems using technologies such as Snowflake, AWS, Python, C#, Docker, Git, and Azure Pipelines. Collaborate with internal partners to define requirements and ensure the delivery of accurate, reliable, and effective solutions. Assist in troubleshooting, debugging, and maintenance of model code and automation systems. Conduct your work following CI/CD and Agile methodologies. Contribute ideas to help the team improve its software development environment and processes. Build a network of internal partners and foster a positive personal brand reputation across divisions and locations of the company. The experience you bring: Bachelor's degree in Mathematics, Economics, Finance, Actuarial Science, Statistics, or related degree Fellow of the Society of Actuaries (FSA) with 8+ years of experience Understanding of life and annuity products and common asset/liability modeling approaches Experience in programming languages such as Python, C# Demonstrated initiative and ownership of responsibilities Strong problem-solving and communication skills What makes you stand out: Industry knowledge on insurance institutional products. Experience applying AI tools and technology to day-to-day Actuarial work. Experience developing asset models used in actuarial projections. Familiarity with Azure DevOps, CI/CD practices, Git, etc. Ability to leverage AI platforms (such as Github Copilot) in the software development process. You can be who you are. People come first here. We’re committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife. Benefits start Day 1. Your wellbeing is important. We’re committed to providing flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered. Prioritization of your health and well-being including Medical, Dental, Vision, and a 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. Base Salary Ranges per Location: Newport Beach, CA: $167,670 - 204,936 Omaha, NE: $144,810 - $176,990 Charlotte, NC: $152,370 - $186,230 Base Pay Range: The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay. $167,670.00 - $204,930.00 Your Benefits Start Day 1 Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered. 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 You Can Be Who You Are We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife EEO Statement: Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company. We’re over 150 years old, but there’s more to us than heritage. We’re ambitious. We’re committed to building a better future – for our organization, our employees, our customers, and our communities – and we have the experience, resources, and financial strength to make it happen. We’re investing in innovation. We’re honing our expertise. We’re empowering our people: growing digital skills and fostering the disruptive thinking we need to give us the edge in an increasingly competitive global marketplace. Have ambitions of your own? Let’s achieve them together. At Pacific Life, we believe that success comes down to our people. That’s why we’re committed to embracing a flexible, diverse, and inclusive workplace where you can be your best self and do your best work. Our people-first culture creates a sense of belonging and prioritizes employee wellbeing, empowering you to achieve your full potential through our holistic health benefits, flexible working options, and a vibrant community of people working towards a shared purpose. You can connect with colleagues through employee connections groups, sharing your passions, interests, and ideas. Learn more about our Life at Pacific Life. Don't see the dream job you are looking for? Click "Get Started" below to drop off your contact information and resume and we will reach out to you if we find a match.

Requirements

• Bachelor's degree in Mathematics, Economics, Finance, Actuarial Science, Statistics, or related degree
• Fellow of the Society of Actuaries (FSA) with 8+ years of experience
• Understanding of life and annuity products and common asset/liability modeling approaches
• Experience in programming languages such as Python, C#
• Demonstrated initiative and ownership of responsibilities
• Strong problem-solving and communication skills

Nice To Haves

• Industry knowledge on insurance institutional products.
• Experience applying AI tools and technology to day-to-day Actuarial work.
• Experience developing asset models used in actuarial projections.
• Familiarity with Azure DevOps, CI/CD practices, Git, etc.
• Ability to leverage AI platforms (such as Github Copilot) in the software development process.

Responsibilities

• Design, build, maintain, and act as model developer for various Institutional Division products, which may include Pension Risk Transfer, Stable Value Wrap, Lifetime Income, and Capital Markets.
• Contribute to the implementation of actuarial automation systems using technologies such as Snowflake, AWS, Python, C#, Docker, Git, and Azure Pipelines.
• Collaborate with internal partners to define requirements and ensure the delivery of accurate, reliable, and effective solutions.
• Assist in troubleshooting, debugging, and maintenance of model code and automation systems.
• Conduct your work following CI/CD and Agile methodologies.
• Contribute ideas to help the team improve its software development environment and processes.
• Build a network of internal partners and foster a positive personal brand reputation across divisions and locations of the company.

Benefits

• Prioritization of your health and well-being including Medical, Dental, Vision, and a 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: Mid Level