Senior Actuary, (FSA) - Enterprise Capital Management

Pacific LifeNewport Beach, CA
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. 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 Capital Management team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA, or Omaha, NE. If you are not currently located near one of our offices, we offer comprehensive relocation assistance. As a Senior Actuary, you’ll move Pacific Life, and your career, forward by advancing the company’s capital stress testing analytics capabilities, supporting the assessment of capital adequacy across a range of adverse scenarios. You will work across functions to enhance methodologies, deliver actionable insights, and support key internal and external stakeholders, including senior management and the Board.

Requirements

  • Bachelor’s degree in actuarial science, finance, mathematics, or a related field
  • FSA with 6+ years of actuarial experience within the life insurance and annuities industry
  • Strong analytical and problem-solving skills with attention to detail and intellectual rigor
  • Effective communicator with the ability to build relationships and collaborate across teams
  • Hands-on experience in capital planning, reporting, and analysis within a life insurance context
  • Familiarity with regulatory and economic capital frameworks and management reporting

Responsibilities

  • Lead the execution of quarterly capital stress testing process and provide thoughtful explanation of changes in the Company's risk profile under multiple capital lenses (e.g. US RBC, Bermuda, Economic)
  • Implement updates to stress testing methodology and reporting capabilities in alignment with principle established in the Company's risk appetite framework
  • Maintain and enhance robust, transparent, and repeatable stress testing processes, aligned with capital management and reporting practices
  • Support the capital planning component of the annual strategic plan, including solvency ratio and excess capital projection and associated analytics
  • Partner with finance, risk, and actuarial teams across the enterprise on cross-functional projects and ad-hoc capital initiatives

Benefits

  • Medical
  • Dental
  • Vision
  • Wellbeing Reimbursement Account
  • Paid Time Off
  • Holiday Schedules
  • Financial Planning Time Off
  • Paid Parental Leave
  • Adoption Assistance Program
  • Competitive 401k savings plan with company match and an additional contribution regardless of participation
  • Relocation assistance
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