Financial Software Engineer

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 programmer to join our Inforce Modeling team within the Enterprise Actuarial Modeling function. This role must be on-site out of our Newport Beach, CA or Omaha, NE office locations. Applicants open to relocating are encouraged to apply.

As a Financial Software Engineer, you’ll move Pacific Life, and your career, forward by leading hedging model development for Pacific Life’s indexed products as well as developing and owning various other company-wide tools utilizing Python, Snowflake, AWS, VBA, PowerShell scripts and others. You will collaborate with Hedging, ALM, Pricing, Valuation, and IT infrastructure teams to provide innovative modeling and reporting capabilities. You will fill an existing role that sits on a team of fifteen people in the Enterprise Modeling division. Your colleagues will include software and data engineers, data scientists and actuarial professionals.

How you will make an impact:

• Work in a modeling role focused on model development for daily hedging operations of indexed-linked insurance products.

• Perform model development and testing/debugging of models built using Python, Snowflake, AWS, VBA, etc.

• Develop and support modeling of product feature changes, option valuation methodology changes, new and refined hedging strategies and tactics, and exotic option hedging solutions.

• Maintain thorough model documentation and collaborate with stakeholders to ensure appropriate peer review, QAT, and UAT as well as communicating, understanding, and educating on impacts to hedging.

• Proactively evaluate and recommend modeling strategies and potential approaches to find solutions that best address business needs.

• Partner with IT and functional areas to develop simple, effective, and innovative solutions to simplify and automate modeling processes.

• Peer-review changes made by other team members and act as an internal expert for your colleagues on these various systems and platforms.

• Provide guidance and expertise to junior staff on methodology, model implementation, and testing/debugging to support modeling initiatives.

The experience you will bring:

• Bachelor’s in computer science, finance, mathematics or related field.

• 10+ years’ of programming and financial mathematics experience.

• Extensive experience coding in Python, SQL, and VBA.

• Self-starter with the ability to develop solutions by collaborating with multiple business partners.

• Ability to work independently and collaboratively as part of a team, and to manage long-term projects.

• Detail-oriented with excellent organizational, communication, and interpersonal skills.

• Excellent analytical, problem-solving, and decision-making skills.

What will make you stand out:

• Excellent communication skills.

• Experience with unit testing frameworks, version control, or continuous delivery workflows.

• Experience working with Azure DevOps, JIRA, pipelines, and AWS.

• Experience with indexed-linked insurance products.

• Experience with option hedging and financial mathematics.

You can be who you are.

People come first here. We’re committed to an inclusive workforce. Learn more about how we create a welcoming work environment 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.

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.