Actuarial Manager, R&D - Europe and North America at Pacific Life

Aliso Viejo, California, United States

Pacific Life Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Reinsurance, ActuarialIndustries

Requirements

  • Qualified Fellow of the Institute or Faculty of Actuaries or Society of Actuaries or other similar organization
  • Strong analytical skills and problem-solving abilities
  • An understanding of one or more of the markets we operate in (Longevity or Protection reinsurance)
  • Familiarity or experience studies, trend modelling, and pricing within the life insurance industry (including reinsurers, insurers and consultancy)
  • Competent in using programming languages (e.g. SQL, R or Tyche)
  • Knowledge of actuarial techniques such as Generalized Linear Models and Survival Models
  • Places a high value on innovation and continuous improvement
  • Ability to collaborate with strong team-working and interpersonal skills
  • Experience in presenting to varied audiences on technical topics to gain approval
  • Ability to work independently and lead on the work
  • Organized and deadline focused

Responsibilities

  • Carry out assumption development work for longevity and protection lines of business
  • Support new business activity for longevity and protection
  • Expand knowledge of actuarial and statistical methods for best estimate assumption setting and data analysis and contribute to knowledge sharing internally, to ensure Pacific Life Re maintains a high level of technical knowledge in respect of mortality, morbidity and longevity risk

Skills

Actuarial Modeling
Assumption Setting
Data Analysis
Model Fitting
Statistical Methods
Mortality Analysis
Longevity
Protection
Stakeholder Management
Problem Solving
Innovation

Pacific Life

About Pacific Life

Newport Beach, CaliforniaHeadquarters
1868Year Founded
$189.4MTotal Funding
N/ACompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Paid Vacation
Paid Parental Leave
Adoption Assistance
401(k) Retirement Plan
401(k) Company Match

Risks

Increased competition in annuities market from companies like Prudential and MetLife.
Potential financial exposure from significant real estate investments.
Integration challenges with Selerix could affect customer satisfaction.

Differentiation

Pacific Life partners with T. Rowe Price for innovative Lifetime Income solutions.
Recognized as a top community-minded company, enhancing brand reputation and trust.
Real-time integration with Selerix improves benefits administration accuracy and efficiency.

Upsides

Lifetime Income solution attracts clients seeking secure retirement options.
Enhanced annuity products offer flexibility and growth, increasing product attractiveness.
Strong real estate financing position opens more sector opportunities.

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