Student Actuarial Rotation Program

Job Description:

Pacific Life is investing in bright, agile, and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We’re actively seeking talented early career Actuaries to join Pacific Life in our Omaha, NE and Newport Beach, CA offices.

As an early-career actuary at Pacific Life, you will automatically be enrolled in our Student Actuarial Rotation Program. The purpose of the Program is to develop and broaden the skills, knowledge, and breadth of experience of actuaries across Pacific Life. Students typically rotate every 18 months, which aims to expose them to multiple functional areas, products, and technologies. The Actuarial Student Program provides competitive benefits designed to encourage and assist with progress toward the Fellowship designation including paid study time, expense reimbursement for registration fees and study materials, and bonuses and raises associated with passing exams and modules.

As an applicant to the rotation program, you will be considered for all early career Actuarial openings available within the various divisions and product lines at Pacific Life. We offer rotational positions in our Enterprise division, Consumer Markets division, and Institutional division. Each division has actuarial teams focused on everything from valuation, modeling, and pricing to product design, risk management, experience studies and more. During the interview process you will have an opportunity to share your preferences and interests with the hiring team to help inform your initial placement.
 

Individuals who exceed the qualifications below are encouraged to apply. The actual job title will depend on the candidates’ experience and exam progress. 

 
How you will make an impact:

• Actively pursue the ASA/FSA credential by participating in the Student Actuarial Rotation Program 

• Perform analyses to assess and manage risk associated with insurance and other financial products & instruments 

• Analyze and provide counsel to business leaders regarding the economic and financial costs of risk and uncertainty for the business

• Use knowledge of advanced statistical analysis, predictive modeling analytics, financial accounting, and/or actuarial research to develop, test, and validate models used in business decisions.

• Monitor and analyze laws and regulation developments applicable to functional area operations 

• Consider internal and external statistical trends, factors, issues, and data impacting results as well as the company’s business goals and strategies in analyses, recommendations, and/or decisions.

Relevant Competencies:  

• Continuous Learning. You want to continue learning and expanding both the depth and breadth of your knowledge as it pertains to your functional responsibilities and business acumen.

• Curiosity. You demonstrate an interest in finding underlying causes and understanding how the work you do relates to our business mission and strategy.

• Adaptability. You can adjust your focus and/or approach depending on results, strategy, or business needs.

The experience you will bring:

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

• 0+ years of actuarial experience (internships included) 

• 1 or more SOA exams passed toward ASA designation 

• Ability to work independently and collaboratively as part of a tea

• Strong organizational, communication, and interpersonal skills

• Microsoft 365 Skills: Excel (VBA, a plus), PowerPoint, Word, etc. Excellent analytical, problem-solving, and decision-making skills 

What will make you stand out:

• Prior internships or experience in life/annuity actuarial capacity 

• Experience with Prophet 

• Experience with programming languages and/or databases

• Experience with data visualization tools (Alteryx, R, Tableau, etc.) 

Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife. 

#LI-MA1 #LI-Hybrid 

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.