Job Description:
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 Associate Actuary to join our team in Newport Beach, CA or Omaha, NE on a hybrid schedule.
As an Associate Actuary, you’ll play a key role in Pacific Life’s growth and long-term success by primarily executing critical enterprise-wide projects. This role will be within Enterprise Actuarial but will have the opportunity to support a variety of actuarial projects that may involve collaborating with teams across the enterprise.
How you'll help move us forward:
Providing support across enterprise actuarial transformation efforts leading to efficiencies.
Driving consistent enterprise-level implementation of new actuarial reporting requirements and methodologies under external or internal reporting bases.
Collaborating with a cross functional projects team of Data/IT, PMO, and business stakeholders.
Support implementing model development projects, conversions and large-scale changes.
Implementing required new regulatory changes involving actuarial responsibilities.
Support execution of large reinsurance transactions.
Providing back-up support for implementing new projects.
The experience you bring:
6+ years actuarial experience, 4-year degree or equivalent experience, and FSA designation or ASA designation with additional years of actuarial experience.
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.
Demonstrable ability to plan and prioritize time and deliver to deadlines.
Knowledge of model development platforms and data processes.
Familiarity with synthesizing messaging via visual software including PowerPoint, tableau and QlikView.
Nice to have: Proficiency in SQL, databases, data lakes, data visualization tools, scripting languages (e.g., Python, R), and data management platforms. Experience with Snowflake and/or Actuarial software (Prophet, PolySystems) would be a plus.
What makes you stand out:
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.
You can be who you are.
People come first here. We’re committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife. Benefits start Day 1. Your wellbeing is important. We’re committed to providing 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 a 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.
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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.
$159,660.00 - $195,140.00 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
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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