Senior Actuary (Remote)

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 Actuary (FSA) to join our Enterprise Valuation Fixed Annuity Projections team in Newport Beach, CA, Omaha, NE, or Charlotte, NC . This role follows a hybrid schedule of four days on-site in one of our office locations. If you are not currently located near one of our offices, we offer comprehensive relocation benefits.

Our Charlotte office will be located in the Queensbridge Collective, a new construction project slated for completion in 2028. It’s a dynamic, walkable district at the intersection of South Tryon and Morehead streets. This 44‑floor high‑rise is designed to offer more than just workspace. Employees will enjoy direct access to a 1‑acre outdoor green space, a fitness and wellness center, and a wide variety of nearby restaurants, shops, and services. Just one block from a light rail station, the location offers seamless connectivity to the city and its cultural offerings.

While construction is underway, we are opening an interim location in early 2026, less than a mile from the Queensbridge Collective. This interim location will support our growing team through 2028, offering the resources and flexibility needed to build momentum as we establish our presence in the region.

As a Senior Actuary of the Enterprise Valuation Fixed Annuity Projections team, you will be primarily responsible for leading, planning and executing actuarial projections for fixed annuities with accountability for decisions, outcomes and impacts of those projections. With upcoming advancements in regulatory reserving requirements for fixed annuities the traditional division between retail and institutional fixed annuities is blurring. This role provides a unique opportunity to develop expertise in both individual and group fixed annuities by providing support across two other teams within the fixed annuity projections function. This support will include traditional actuarial exercises such as asset adequacy testing and C3‑Phase I along with more modern concepts such as economic reporting and offshore reinsurance as well the ongoing modernization effort of those long‑standing regulatory exercises.

You will fill an individual‑contributor new role that sits on a team with 2 team leaders; however, you will also provide direct support to those two team leaders. Your colleagues will include both fully remote and hybrid team members.

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 as applicable

Lead and develop the consolidation of the operating model between both the individual and group fixed annuities projection processes

Consolidate and eliminate redundancy across shared tasks including but not limited to data aggregation, attribution analysis, memorandum, dashboard and presentation material

Become a subject matter expert in regard to the fixed annuities actuarial projection models including their pre and post processing workflow

Develop and translate model enhancements into business requirements through analysis as well as perform testing and validation of those enhancements

Maintain proper controls and processes consistent with Model Risk Management (MRM) guidance

Produce and/or help review reports/analytics supporting actuarial projection exercises and take initiative to streamline those reporting processes

Collaborate with colleagues across the function and beyond; interact closely with team leaders and senior management, build strong relationships and seek out to provide actuarial interpretation and expertise to others

Communicate effectively with various audiences of diverse educational backgrounds ranging from new hires to actuarial and non‑actuarial senior management

Maintains 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 a familiarity with principles related to market consistent embedded value

Technical proficiency in the actuarial modeling software Prophet, Snowflake/SQL as a database solution, visualization tools such as Tableau or Power BI and automation software such as Python, VBA or R.

Prior experience in actuarial valuation and/or projections for both fixed deferred annuities (e.g. Fixed Indexed Annuities, Multi‑year Guaranteed Annuities, etc.) and fixed payout annuities (e.g. Single Premium Immediate Annuities, Deferred Income Annuities, Structured Settlements, Pension Risk Transfer, etc.)

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. 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.

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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