Senior Actuary (FSA) - Profitability Management

Pacific Life is seeking a highly skilled Senior Actuary to join our Annuity Inforce Management team in one of three locations: Newport Beach, CA; Omaha, NE; or Charlotte, NC. Key Responsibilities Perform annual plan projections and quarterly re‑forecasting for the annuity portfolio. Analyze drivers of plan versus actual results, providing clear explanations and actionable insights to the Financial Planning & Analysis (FP&A) team and senior management. Monitor and interpret in‑force performance metrics to identify profitability trends and necessary adjustments. Assess impact of non‑guaranteed elements (e.g., credited rates) on earnings, giving management early visibility into emerging opportunities or risks. Oversee renewal rate analysis, drawing insights to inform rate‑setting decisions. Partner with product teams to implement retention strategies for high‑performing segments and remediation plans for underperforming business to maximize long‑term value. Collaborate with the Enterprise Modeling team to enhance Prophet models (including coding updates and user acceptance testing). Ensure robust model risk management via annual model updates and reviews. Develop current market risk insights (e.g., spread analysis, disintermediation risk, cost of guarantees) to guide portfolio management strategies. Work closely with Finance, FP&A, Asset‑Liability Management (ALM), Reinsurance, and other stakeholders on enterprise initiatives involving the annuity in‑force block. Clearly communicate complex modeling results and recommendations to diverse audiences, translating technical findings into actionable business terms. Experience You Bring Bachelor’s degree in Actuarial Science, Mathematics, Computer Science, Data Science, or related field. FSA designation required. Experience with actuarial modeling software (Prophet preferred). Experience working with large data sets (e.g., Alteryx, Snowflake) and data visualization software (e.g., Tableau). Ability to work independently and collaboratively, managing long‑term projects. Detail‑oriented with excellent organizational and interpersonal skills. Excellent analytical, critical‑thinking, problem‑solving, and decision‑making skills. What Makes You Stand Out 6+ years of actuarial experience preferred. Experience with annuity products and features. Experience in annuity pricing and rate‑setting. Knowledge of different accounting frameworks. Good understanding of reinsurance, hedging, and asset strategy. Ability to drive discussion with senior leadership. Base Salary Ranges per Location Charlotte, NC: $152,370 – $186,230 Newport Beach, CA: $167,670 – $204,930 Omaha, NE: $144,810 – $176,990 Benefits Health, dental, vision coverage and wellbeing reimbursement account. Generous paid time off, holiday schedules, and financial planning time off. Paid parental leave and adoption assistance program. Competitive 401(k) plan with company match and additional contribution. Pacific Life 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. Please contact a Human Resources Representative to request an accommodation. #J-18808-Ljbffr