Senior Actuary (FSA), Inforce Management

Posted Yesterday
Be an Early Applicant
3 Locations
In-Office
145K-205K Annually
Senior level
Financial Services
The Role
The Senior Actuary supports life and annuity business performance through profitability analysis, forecasting, stress testing, experience studies, assumption development, risk management, and inforce value optimization. The role partners with Finance, Product, Valuation, Risk, Investments, and Reinsurance teams; communicates recommendations to senior leaders; and advances actuarial models, analytics, AI, and automation. An FSA designation and at least eight years of actuarial experience are required.
Summary Generated by Built In

Job Description:

We are actively seeking a talent Senior Actuary to join our Inforce Management, Consumer Markets Division team. The role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA, Omaha, NE or Charlotte, NC. If you are not currently located near one of our offices, we offer comprehensive relocation assistance.


The Senior Actuary, Inforce Management supports the financial performance, risk management, and long-term value of CMD life and annuity businesses. The Inforce Management Team delivers actuarial analysis and strategic recommendations across profitability management, forecasting, experience studies, stress testing, assumption development, policyholder behavior, risk management and other inforce priorities. Assignments will focus on life, annuity, or cross-product initiatives based on business needs.


Key Responsibilities

  • Analyze business performance, profitability drivers, earnings trends, and emerging risks.
  • Develop forecasts, projections, sensitivities, scenarios, and stress testing analyses.
  • Perform experience studies and support actuarial assumption development, monitoring, and governance.
  • Identify actions to improve profitability, capital efficiency, risk management, and inforce value.
  • Assess the financial impact of market, regulatory, product, and assumption changes.
  • Partner with Finance, Product, Valuation, Risk Management, Investments, Reinsurance, and other actuarial teams to drive results.
  • Communicate complex findings and actionable recommendations to business leaders and senior management.
  • Support strategic initiatives and improve actuarial models, analytics, and processes.
  • Advance inforce management through the use of AI, automation, and innovative analytical tools that deliver deeper insights and support data driven decision making

Qualifications

  • FSA designation
  • 8+ years of actuarial experience in life insurance, annuities, valuation, pricing, forecasting, risk management, experience studies, or a related area.
  • Strong analytical, modeling, problem-solving, and financial management skills.
  • Ability to translate technical analysis into clear business implications and recommendations.
  • Strong written, verbal, and cross-functional communication skills.

Preferred Experience

  • Life and/or annuity inforce management, pricing, profitability analysis, forecasting, experience studies, or stress testing.
  • Knowledge of GAAP, Statutory, and economic frameworks.
  • Project leadership and experience influencing decisions across multiple stakeholders.

Base salary ranges (location specific):

  • Newport Beach, CA: $167,670 - 204,236
  • Omaha, NE: $144,810 - $176,990
  • Charlotte, NC: $152,370 - 186,230

Success Profile

A strategic and collaborative actuary who combines technical depth with business acumen, works effectively across varied assignments, and converts complex analysis into decisions that strengthen long-term business performance.

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.

$167,670.00 - $204,930.00

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

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

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.

Skills Required

  • FSA designation
  • 8+ years of actuarial experience in life insurance, annuities, valuation, pricing, forecasting, risk management, experience studies, or a related area
  • Strong analytical, modeling, problem-solving, and financial management skills
  • Ability to translate technical analysis into clear business implications and recommendations
  • Strong written, verbal, and cross-functional communication skills
  • Experience with life and/or annuity inforce management, pricing, profitability analysis, forecasting, experience studies, or stress testing
  • Knowledge of GAAP, Statutory, and economic frameworks
  • Project leadership and experience influencing decisions across multiple stakeholders

Pacific Life Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Pacific Life and has not been reviewed or approved by Pacific Life.

  • Retirement Support — Retirement funding includes both an automatic company contribution and a dollar‑for‑dollar 401(k) match, positioned as a standout element of the package. Vesting is defined at three years in official materials.
  • Leave & Time Off Breadth — Time off is described as generous and scalable with tenure, complemented by multiple paid holidays and options to augment PTO. Paid parental leave and adoption assistance further extend coverage for families.
  • Wellbeing & Lifestyle Benefits — A flexible annual wellbeing reimbursement supports diverse needs alongside counseling resources and wellness tools. Day‑one eligibility for core coverages adds immediate lifestyle value.

Pacific Life Insights

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The Company
HQ: Newport Beach, CA
3,447 Employees
Year Founded: 1868

What We Do

For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2022 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial strength ratings, visit www.PacificLife.com. Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2022 is compiled by Pacific Life using the 2022 FORTUNE 500® list. Learn more about Pacific Life: www.instagram.com/pacificlife www.twitter.com/pacificlife www.facebook.com/PacificLife www.youtube.com/user/PacificLifeInsurance Please review our social media guidelines: paclife.co/social

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