Senior Actuary (FSA), Prophet Modeller
About The Position
Pacific Life is seeking a Senior Actuary - Prophet Modeler to join its Enterprise Modeling Team. The position leads Prophet model development for Pacific Life products and business cases, collaborating with Pricing, Valuation, ALM, Hedging, and IT infrastructure teams to provide modeling and reporting capabilities. It is an existing role on a 14-person Enterprise Modeling team that includes software and data engineers, data scientists, and actuarial professionals. The position is on-site four days per week and work from home one day per week in Newport Beach, California; Omaha, Nebraska; or Charlotte, North Carolina. Relocation assistance is available for candidates who are not near an office. The actual title will reflect the selected candidate’s experience and exam progress. The successful candidate will develop models for new and existing life products, serve as an internal Prophet expert, and lead initiatives to improve and expand existing models. The role also includes recommending modeling strategies, partnering with IT and business functions to simplify modeling processes, guiding junior staff, and complying with Model Risk Management and Model Steward documentation and standards.
Requirements
- Bachelor’s degree in actuarial science, computer science, finance, mathematics, or a related field.
- At least 4 years of actuarial experience.
- At least 6 years of experience in actuarial modeling and coding.
- FSA designation.
- Interest in a role involving heavy use of Prophet in pricing, valuation, and ALM modeling.
- Ability to develop solutions as a self-starter while collaborating with multiple business partners.
- Ability to work independently and collaboratively, and to manage long-term projects.
- Detail-oriented, with strong organizational, communication, and interpersonal skills.
- Strong analytical, problem-solving, and decision-making skills.
Nice To Haves
- Excellent communication skills.
- Experience coding in Python, Visual Basic, and SQL.
- Experience with Azure DevOps, JIRA, pipelines, and AWS.
- Advanced knowledge and experience in Prophet.
- Experience with annuity, institutional, and life products.
- Experience with ALM and hedging.
- CERA or CFA designation.
Responsibilities
- Develop models for new and existing life products.
- Develop, test, and debug Prophet models; peer review changes made by other team members; and serve as an internal Prophet expert.
- Evaluate and recommend modeling strategies and approaches that address business needs.
- Lead model development initiatives to improve and expand existing models.
- Partner with IT and functional areas to create effective solutions that simplify modeling processes.
- Guide junior staff on methodology, model implementation, and testing and debugging.
- Support and comply with Model Risk Management initiatives and Model Steward documentation and standards.
Benefits
- Medical, dental, and vision coverage.
- Wellbeing Reimbursement Account for the employee or eligible dependents.
- Paid Time Off, holiday schedules, and Financial Planning Time Off.
- Paid parental leave.
- Adoption assistance program.
- 401(k) savings plan with company match and an additional contribution regardless of participation.
- Relocation assistance.
- Additional incentive pay may be available to eligible employees.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
