Senior Actuary (FSA) - Life Statutory Valuation

Pacific Life • Newport Beach, CA

7d • $144,810 - $204,930 • 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 - Life Statutory Valuation to join our Enterprise Valuation 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 Senior Actuary - Life Statutory Valuation you’ll move Pacific Life, and your career, forward by helping modernize our Valuation processes and enhancing our analysis. You will fill an existing role that sits on a team of 6 people in the Enterprise division. Your colleagues will include FSA's, ASA's and analysts.

Requirements

• Bachelor’s degree in actuarial science, computer science, finance, mathematics, or a related field.
• FSA designation
• 6+ years relevant experience
• Prophet, Excel, AI, Snowflake
• Knowledge of Life Statutory Valuation, VM-20 and Pre PBR Valuation standards

Nice To Haves

• Driven to learn, driven to automate, not afraid to take risks. Does not accept the status quo as the future state. History of implementing automation
• Snowflake, Prophet, Excel, AI
• Hungry, humble, smart.
• Collaborates well with broader group. Proposes process improvements and new ways of analysis

Responsibilities

• Bring our quarterly reserve analysis forward with additional insights, identification of drivers, and explanation of movements for various audiences
• Assist with quarterly valuation work in Prophet. Identify bottlenecks and propose solutions for further automation and operational excellence
• Enhance our policy audit tools by building off of existing frameworks or coming up with independent ideas to satisfy internal stakeholders, regulators, and auditors
• Work with modeling, data, reinsurance, other Valuation teams to enhance models, validate changes, and improve the overall modeling
• Collaborate with and upskill junior members of the team.

Benefits

• Medical, Dental, Vision, and Wellbeing Reimbursement Account
• 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
• Relocation assistance

What This Job Offers

• Job Type: Full-time
• Career Level: Senior