Product Actuary
Ethos LifeSalary not specified
Full Time
Expert & Leadership (9+ years)
Senior Actuary - Life Product Management at Pacific Life
Newport Beach, California, United States
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries
Requirements
- 6+ years of actuarial working experience in a financial institution or insurance company
- 4-year Math degree or equivalent experience
- FSA designation
- Strong quantitative, analytical, organizational and time management skills
- Effective communication skills to present business solutions in a clear and concise manner
Responsibilities
- Manage life products currently sold to ensure marketability, profit, and risk balance continues throughout the product’s lifetime, and products meet pricing guidelines
- Collaborate with technical & non-technical audiences within and outside the Product Development department
- Develop understanding of product profitability and risk profile across all life product lines
- Be responsible for quarterly business reporting (QBR) analysis, perform technical review of quarter over quarter changes, and present results in Pricing meetings and other platforms
- Provide regular and accurate pricing updates of life insurance products, reflecting current economic, competitive, investment, risk management, and experience assumptions
- Provide line of sight to management on key drivers of profitability and identify drivers of change to pricing results
- Interact with Risk Management, Valuation, Sales and Marketing to ensure enterprise-wide view is considered when setting and implementing department’s strategies
- Perform analysis on sales and capital projections, manage profitability under different pricing metrics including statutory, economic and other potential frameworks
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the base pay range for this Senior Actuary position?
This information is not specified in the job description.
Is this Senior Actuary role remote or does it require working from an office?
The position is based in Newport Beach, CA, or Omaha, NE.
What are the required qualifications and skills for this Senior Actuary role?
Candidates need 6+ years of actuarial working experience in a financial institution or insurance company, a 4-year Math degree or equivalent, an FSA designation, strong quantitative, analytical, organizational and time management skills, and effective communication skills.
What is the company culture like at Pacific Life?
Pacific Life emphasizes collaboration, innovation, work-life balance, support, and resources to make a positive impact, with a commitment to an inclusive workforce where people come first.
What experience makes a candidate stand out for this Senior Actuary position?
Standout candidates have experience with Prophet, MoSes or similar actuarial software, working knowledge of life products, strong working knowledge in Microsoft Excel, experience with Tableau dashboard or Power BI, attention to detail, and the ability to multi-task.
Pacific Life
About Pacific Life
Newport Beach, CaliforniaHeadquarters
1868Year Founded
$189.4MTotal Funding
N/ACompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees