Senior Actuary (FSA)

Pacific Life • Newport Beach, CA

2d • $144,810 - $204,930 • Hybrid

About The Position

Pacific Life is seeking a Senior Actuary (FSA) to join the Consumer Markets Division (CMD) FP&A team. The role contributes to the future of life insurance and annuity solutions by applying actuarial expertise in forecasting, analytics, and financial strategy, while collaborating with teams in hedging, valuation, pricing, and investments. The position supports digital transformation, predictive analytics, and risk-modeling innovation, with work influencing strategic planning, capital optimization, and customer-focused product development.

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. Comprehensive relocation assistance is offered to candidates who are not currently located near one of these offices.

The role leads analysis across product lines, develops predictive models and reporting tools, communicates financial impacts across accounting and economic frameworks, improves forecasting methodologies, and provides scenario-based insights to support executive decisions. Pacific Life describes its culture as committed to diversity and inclusion and offers flexible benefits focused on employee wellbeing.

Requirements

• Bachelor’s degree or higher.
• FSA designation.
• At least 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 and 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 with the prior quarter, plan, and best-estimate projections.
• Develop predictive models and reporting tools to analyze investment income, option costs, and reserve attributions.
• Communicate the financial impacts of capital market changes across LDTI 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

• Medical, dental, and vision coverage.
• Wellbeing Reimbursement Account for eligible expenses 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.

What This Job Offers

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