Director & Actuary - Enterprise Actuarial Projects

Job Description:

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 Director & Actuary to join our Enterprise Actuarial Projects team in Newport Beach, CA or Omaha, NE. This role can be hybrid or fully onsite. We believe in empowering our employees to get work done both in and out of the office. Candidates open to relocating to one of these locations are encouraged to apply.
As a Director & Actuary, you’ll move Pacific Life, and your career, forward by working on an agile projects team supporting the highest priority projects within the company. You will fill a new role that sits on a team of actuaries, project managers, and system analysts.
How you’ll help move us forward:

• Lead actuarial transformation efforts, such as

  • Drive consistent enterprise-level implementation of new actuarial reporting requirements and methodologies under external or internal reporting bases.

  • Oversee implementation of model development projects, conversions and large-scale changes.

  • Implement required new regulatory changes involving actuarial balances.

  • Lead execution of large reinsurance transactions.

• Oversight of Offshore Resource Program

  • Work with counterparty on resource management, including onboarding new resources and communication of utilization changes.

  • Maintain clear program communications with internal stakeholders.

  • Gather feedback on the program and resource performance.

• People Leadership

  • Coach and develop lower-level staff by ensuring a regular feedback loop is established.

  • Establish career development plans and balance leveraging staff strengths with development opportunities.

The experience you bring:

• FSA with 8+ years’ actuarial experience.

• Experience managing, coaching, and developing actuarial professionals. 

• Exceptional organizational, quantitative, analytical, and problem-solving skills. 

• Strong stakeholder management through communication (both written and verbal) and interpersonal skills, demonstrating ability to build effective relationships and collaborate.

• Working knowledge of various reporting frameworks including regulatory and management reporting; economic value / economic capital, risk-neutral and real-world liabilities, best estimate, and padded assumption setting, etc.

• Ability to work in a fast-paced, dynamic environment with high degrees of ambiguity arising from a period of significant change.

What makes you stand out:

• Experience with a broad range of Life and Annuity products.

• Experience in understanding and optimizing work processes.

• Experience with FIS Prophet and Snowflake.

• Experience working with Azure DevOps and AWS .

You can be who you are.
People come first here. We’re committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.
 

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Base Pay Range:

The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

$193,950.00 - $237,050.00

Your Benefits Start Day 1  
 

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

• Prioritization of your health and well-being including Medical, Dental, Vision, and 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

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.