Senior Actuary (FSA) - New Business Model Development

Pacific Life • Newport Beach, NC

4h • 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.

Requirements

• Bachelor's degree in Mathematics, Economics, Finance, Actuarial Science, Statistics, or related degree
• Fellow of the Society of Actuaries (FSA) with 6+ 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: Senior