AVP, Pricing – Institutional Products

Job Description:

How You’ll Help Move Us Forward

• Own product pricing for strategic build out of the DCLI market, balancing profitability, risk, and competitiveness while supporting growth in a developing product space.
• Oversee pricing for our Stable Value portfolio, ensuring profitability, appropriate risk assessment, and alignment with strategic expansion goals.
• Partner with Product to evaluate emerging opportunities, providing pricing insight and recommendations even when information is incomplete or evolving.
• Ensure pricing is executed in accordance with established profitability, governance, and risk management frameworks.
• Oversee the development and enhancement of pricing models for new institutional products, including ownership of pricing assumptions and methodologies.
• Incorporate changing industry, regulatory, and market dynamics into pricing frameworks and product recommendations.
• Translate complex actuarial and financial analyses into clear, actionable insights that support leadership decision‑making and product strategy.
• Collaborate with cross‑functional stakeholders—including Product, Sales, Finance & Risk, and Investments—to support delivery of our institutional strategic objectives.

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
• Fellow of the Society of Actuaries (FSA) designation.
• 10+ years of experience in a leadership role pricing US annuity products, ideally in the DCLI market, with an understanding of the unique challenges and considerations associated with operating in a developing and evolving market.
• Strong critical thinking skills, ability to lead through ambiguity, and solution‑oriented approach to problem solving.
• Demonstrated leadership experience with the ability to coach, mentor, and develop actuarial talent.
• Strong communication skills with the ability to simplify complex concepts and present to a variety of audiences, including senior leadership.
• Proven ability to build relationships and influence across teams and business areas.
• Excellent organizational and prioritization skills, with the ability to manage multiple initiatives in a dynamic environment.

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.

• 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.

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.