Senior Actuary (FSA)

Pacific Life • Newport Beach, CA

13d • 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. Location: Newport Beach, CA or Omaha, NE – relocation assistance available, 4 days in-office, weekly. We’re seeking a Senior Actuary (FSA) to join our Consumer Markets Division (CMD) FP&A team, where you’ll play a strategic role in shaping the future of life insurance and annuity solutions. This is an opportunity to leverage your actuarial expertise in forecasting, analytics, and financial strategy while collaborating with cross-functional teams in hedging, valuation, pricing, and investments. Join a team that embraces digital transformation, predictive analytics, and risk modeling innovation. Your work will influence strategic planning, capital optimization, and customer-centric product development in a rapidly evolving insurance landscape.

Requirements

• Bachelor’s degree or higher
• FSA designation with 6+ years of relevant insurance experience.
• Strong knowledge of life and annuity products in areas such as Valuation, Modeling, Hedging, or Pricing.
• Ability to interpret trends, communicate findings, and assess downstream impacts.
• Familiarity with actuarial modeling platforms, data visualization tools, and forecasting software.

Nice To Haves

• Deep understanding of Asset Liability Management (ALM) and hedging strategies for life/annuity products.
• Experience with reserve roll forwards and financial attribution analysis.
• Hands-on experience with Fixed Index Annuity (FIA), Multi-Year Guarantee (MYGA), Registered Index-Linked Annuity (RILA), or Payout Annuities.
• Strong problem-solving skills and adaptability in ambiguous environments.
• Exposure to data analytics, machine learning applications in actuarial science, and automation tools for forecasting.

Responsibilities

• Lead advanced driver analysis across multiple product lines, comparing results to prior quarter, plan, and best-estimate projections.
• Develop predictive models and reporting tools to analyze investment income, option costs, and reserve attributions.
• Communicate financial impacts of capital market changes across LDTI (Long Duration Targeted Improvements) US GAAP, statutory, and economic frameworks.
• Innovate forecasting methodologies and integrate feedback loops to improve accuracy.
• Shape executive decisions through actionable insights and scenario modeling.

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
• Number of Employees: 1,001-5,000 employees