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Senior Actuary (FSA) - Fixed Annuity Projections

$167.67k - $204.24k

Pacific Life

Senior Actuary (FSA)

Enterprise Valuation Fixed Annuity Projections team in Newport Beach, CA, Omaha, NE, or Charlotte, NC. Hybrid schedule: four days on-site. Relocation benefits available.

How you’ll help move us forward
  • Support the timely and accurate preparation of the Actuarial Opinion and Memorandum on Asset Adequacy Testing, C3 Phase I scenario testing, economic reporting and all other projection reporting in accordance with regulatory or internally defined requirements.
  • Lead and develop the consolidation of the operating model between individual and group fixed annuity projection processes.
  • Consolidate and eliminate redundancy across shared tasks including data aggregation, attribution analysis, memorandum, dashboard and presentation material.
  • Become a subject matter expert in fixed annuity actuarial projection models and their pre‑ and post‑processing workflow.
  • Develop and translate model enhancements into business requirements, perform testing and validation.
  • Maintain proper controls and processes consistent with Model Risk Management guidance.
  • Produce and/or help review reports/analytics supporting actuarial projection exercises and streamline reporting processes.
  • Collaborate with colleagues across the function, interact closely with team leaders and senior management, build strong relationships and provide actuarial interpretation and expertise.
  • Communicate effectively with diverse audiences, from new hires to senior management.
  • Maintain awareness of new product activities and regulatory changes and support their implementation.
  • Develop tools to enhance model efficiency and analytics in relation to inputs, computation and outputs.
The experience you bring
  • Required: FSA with 6+ years of related actuarial experience
  • Bachelor’s degree
  • Experience with asset and liability projections
  • Strong stakeholder management and interpersonal skills
  • Excellent quantitative, analytical and problem‑solving skills
  • Innate curiosity and attention to detail
  • Ability to translate technical concepts to non‑technical audiences effectively in both verbal and written communication
What makes you stand out
  • Background in statutory reserving and familiarity with principles related to market consistent embedded value
  • Technical proficiency in Prophet, Snowflake/SQL, Tableau or Power BI and Python, VBA or R.
  • Prior experience in actuarial valuation and/or projections for both fixed deferred annuities and fixed payout annuities.
Base salary ranges (location specific)
  • Newport Beach, CA: $167,670 - $204,236
  • Omaha, NE: $144,810 - $176,990
  • Charlotte, NC: $152,370 - $186,230
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. Most employees are eligible for additional incentive pay.

Benefits start Day 1
  • Prioritization of health and well‑being including Medical, Dental, Vision, and Wellbeing Reimbursement Account for yourself or 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.

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Vacancy posted 2 days ago
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