Senior Quantitative Financial Modeler
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 Quantitative Financial Modeler to join our Investment Risk Team in Newport Beach, CA. This position requires in-office attendance at least four days/week.
Requirements
- First-hand, in-depth knowledge of economic scenario modeling for valuation and regulatory processes.
- Experience in process automation.
- Strong governance reporting.
- Ability to work and explain results with investment professionals and related stakeholders.
- Demonstrated ability to design, implement, and maintain production grade quantitative codebases for large-scale stochastic simulation, including performance optimization, testing, version control, and reproducibility suitable for valuation, regulatory use, and audit.
- Experience with Economic Capital, Asset Liability Management (ALM), and Regulatory capital economic scenario applications.
- Knowledge and experience in financial modeling applied to asset modeling and investment risk.
Nice To Haves
- 5 - 7+ years of direct experience in scenario development and modeling, production coding, and execution with some experience in asset modeling such as commercial real estate, corporate bonds, or alternative equities.
- MFE, Masters, or PhD degree in a quantitative area such as Finance, Math, Engineering, or related field.
- CFA/FRM designation a plus.
- Demonstrated experience coding in languages such as MATLAB, Python, SAS, R, etc., including production process automation.
- Demonstrated experience with Snowflake databases.
- Demonstrated experience with investment analytical systems such as Moody’s Analytics, Conning, Bloomberg, CoStar, RiskSpan, FactSet, Aladdin, CoStar, Trepp, etc.
Responsibilities
- Advance the organization’s ability to develop economic scenarios within a production level system, validate results, to support the valuation of complex assets and liabilities and risk reporting.
- Applications will span market consistent valuation, real-world, pricing, and regulatory mandates arising under GAAP, STAT, BMA, and Economic frameworks.
- Asset modeling in support of investment team, capital projection/optimization, pricing, and risk management.
- Develop economic models, production level systems, strong controls and governance and insights that can support the execution of Pacific Life Risk Management’s development, governance, and delivery of scenarios throughout the enterprise.
- Production level code development to allow automated production and delivery of scenarios with database integration and scalability.
- Providing insights and support to stakeholders on scenario development, rationale, and output.
- Modeling experience in stochastic scenarios for market-consistent valuation, real-world projection, and regulatory applications across domestic and foreign currencies.
- Strong ability in modeling complex economic processes for interest rates, equity returns, volatility, inflation, and credit spreads across multiple countries.
- Work in a matrix environment with other quants, accounting leaders, and investment professionals.
- Drive business outcomes, have leadership attributes, and have the aptitude to transform concepts into actionable quant models.
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
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Number of Employees
501-1,000 employees
