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 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.
How you’ll help move us forward:
The candidate will 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. Additional responsibilities will involve asset modeling in support of investment team, capital projection/optimization, pricing, and risk management. In this capacity, the candidate is expected to 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.
The candidate will work in a matrix environment with other quants, accounting leaders, and investment professionals. The candidate will drive business outcomes, have leadership attributes, and have the aptitude to transform concepts into actionable quant models.
The experience you bring:
The ideal candidate will be an accomplished professional with experience from world-class financial services organizations.
The candidate must have first-hand, in-depth knowledge of economic scenario modeling for valuation and regulatory processes, experience in process automation, strong governance reporting and ability to work and explain results with investment professionals and related stakeholders.
Experience with investment analytical systems such as Moody’s Analytics ESG, Numerix, Conning, Bloomberg, Aladdin, etc.
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.
What makes you stand out:
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.
Experience coding in languages such as MATLAB, Python, SAS, R, etc., including production process automation and experience with Snowflake databases.
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.
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.
$167,670.00 - $204,930.00Your 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
- 5-7+ years of experience in scenario development and modeling
- Experience in process automation and strong governance reporting
- Master's or PhD in a quantitative area
- Experience with coding in MATLAB, Python, SAS, R
- Demonstrated experience with Snowflake databases
- Knowledge in financial modeling applied to asset modeling and investment risk
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.
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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.
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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.
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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
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
