Actuary - Fixed Annuity Valuation

OverviewProviding 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 Actuary to join our Fixed Annuity Valuation team in Newport Beach, CA, or Omaha NE. This role follows a hybrid schedule of four days in the office (on-site). If you are not currently located near one of our offices, you will be required to relocate.As an Actuary, you will be working on Statutory, GAAP and Tax Valuation for the Fixed Annuity products, and will lead and support key valuation initiatives such as support regulatory changes implementation, new product development and valuation integration, model refinement, testing and validation, assumption impact analysis and oversight, reinsurance arrangement support, enhancement of quarter-end analysis and reporting, and process improvement and automation.How you will make an impact:ResponsibilitiesReview quarterly and annual reserves and financial entries for Fixed Annuity productsLead validation of modeling enhancements and modifications, ensuring proper controls and processes aligned with MRM and ICFR guidanceDirect the development of analytical tools to explain modeled results and drivers of movementSupport quantitative analysis of model output and enhance reporting capabilitiesLead implementation of regulatory changesOversee assumption impact analysis and sign off the assumptions for Fixed productsProvide support for Fixed reserve audit requests (e.g., Department of Insurance), and interface with auditors, state regulators, and examinersSupport new product development and implementationCommunicate and present financial results to management with clarity and appropriate depth; develop and recommend strategies to address issues and improve performanceCollaborate with colleagues across departments and divisions; build strong relationships and provide actuarial expertise to internal stakeholders and corporate managementLead and develop a team of actuarial professionals by providing guidance, oversight, and mentorshipPerform ad-hoc analysis and contribute to special projects as neededThe experience you will bring:Bachelor's degree in Mathematics, Economics, Finance, Actuarial Science, Statistics, or related degreeFellow of the Society of Actuaries (FSA) with 5+ years of experienceDemonstrated initiative and ownership of responsibilitiesStrong problem-solving and communication skillsWhat will make you stand out:Proficient in actuarial modeling software; experience with Poly Systems and Prophet is a plusWorking knowledge of fixed annuity valuationAbility to work independently and collaboratively as part of a team, and to manage long-term projectsYou can be who you are.People come first here. We’re committed to an inclusive workforce. Learn more about how we create a welcoming work environment at What’s life like at Pacific Life? Visit /pensation and BenefitsBase 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.$134,280.00 - $164,120.00Your Benefits Start Day 1Your 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.Priority of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependentsGenerous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time OffPaid Parental Leave as well as an Adoption Assistance ProgramCompetitive 401k savings plan with company match and an additional contribution regardless of participationEEO StatementPacific 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. #J-18808-Ljbffr

Created: 2025-09-17