Senior Actuary - Actuarial Enterprise Projects at Pacific Life

Aliso Viejo, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

6+ years actuarial experience
4-year degree or equivalent experience
FSA designation
Working knowledge of various reporting frameworks including regulatory and management reporting; economic value / economic capital, risk-neutral and real-world liabilities, best estimate, and padded assumption setting, etc
Experience in understanding and optimizing various work processes
Proven expertise in strategic planning and time management, ensuring timely delivery of projects and meeting deadlines consistently
Knowledge of model development platforms and data processes
Familiarity with synthesizing messaging via visual software including PowerPoint, Tableau/PowerBI, etc
Ability to work in a fast-paced, dynamic environment with high degrees of ambiguity arising from a period of significant change
Strong communication (both written and verbal) and interpersonal skills, demonstrating ability to build effective relationships and collaborate
Understanding of change management and its importance in delivering successful transformation
Highly organized and delivery focused. Self-starter, solution-based thinker

Responsibilities

Lead and manage complex actuarial projects, ensuring timely and accurate completion
Provide support across enterprise actuarial transformation efforts leading to efficiencies
Drive consistent enterprise-level implementation of new actuarial reporting requirements and methodologies under external or internal reporting bases
Support implementing model development projects, conversions and large-scale changes
Ensure appropriate stakeholder management through presentations to senior management, summarizing findings and providing actionable recommendations
Communicate complex actuarial concepts and results to non-actuarial stakeholders in an understandable manner
Implement required new regulatory changes involving actuarial responsibilities
Support the execution of large reinsurance transactions
Provide resource backfill support across Enterprise Actuarial
Train and mentor junior actuarial staff, fostering their professional development and ensuring high-quality work

Skills

Actuarial Modeling

Project Management

Stakeholder Management

Actuarial Reporting

Model Development

Model Conversions

Regulatory Compliance

Enterprise Transformation

Presentation Skills

Communication

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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