Senior Actuary; FSA - Annuity Projections

Overview

Pacific Life is seeking a Senior Actuary (FSA) to join the Enterprise Valuation Fixed Annuity Projections team. The role is hybrid with four on‑site days at one of the company’s offices in Newport Beach, CA, Omaha, NE or Charlotte, NC.

• Lead, plan, and execute actuarial projections for fixed annuities, delivering accurate analyses and reports.
• Prepare Actuarial Opinion & Memorandum on Asset Adequacy Testing, C3 Phase
  
  I scenario testing, economic reporting, and other projection reports.
• Consolidate operating models between individual and group fixed annuity projection processes.
• Eliminate redundancy across shared tasks such as data aggregation, attribution analysis, memorandum, dashboard, and presentation material.
• Develop and implement model enhancements, perform testing and validation, and document controls following Model Risk Management guidance.
• Produce or review reports and analytics supporting projection exercises, streamlining reporting processes.
• Collaborate with stakeholders across functions, communicate findings to audiences with varying technical expertise.
• Maintain awareness of new product activities, regulatory changes, and support implementation.
• Develop tools to enhance model efficiency and analytics for inputs, computation, and outputs.

• FSA with 6+ years of related actuarial experience.
• Bachelor’s degree.
• Experience with asset and liability projections.
• Strong stakeholder management and interpersonal skills.
• Excellent quantitative, analytical and problem‑solving skills.
• Attention to detail and innate curiosity.
• Ability to translate technical concepts to non‑technical audiences.

• Background in statutory reserving and market consistent embedded value principles.
• Technical proficiency in Prophet, Snowflake/SQL, Tableau or Power
  
  BI, and automation programming (Python, VBA, R).
• Prior experience in actuarial valuation and/or projections for fixed deferred annuities (e.g., Fixed Indexed Annuities, Multi‑year Guaranteed Annuities) and fixed payout annuities (e.g., Single Premium Immediate Annuities, Deferred Income Annuities, Structured Settlements, Pension Risk Transfer).

• Newport Beach, CA: $167,670 – $204,236
• Omaha, NE: $144,810 – $176,990
• Charlotte, NC: $152,370 – $186,230

• Medical, Dental, Vision and Well‑Being Reimbursement Account.
• Generous paid time off: PTO, holiday schedules, financial planning time off.
• Paid parental leave and adoption assistance program.
• Competitive 401(k) with company match and additional contribution.

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.