Senior Actuary; FSA - Annuity Inforce Management

Position: Senior Actuary (FSA) - Annuity Inforce Management
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* Job Description:

** We’re actively seeking a talented
** S
* *** enior Actuary to join our Annuity Inforce Management in Newport Beach, CA, Omaha, NE or Charlotte, NC.
** 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, we offer comprehensive relocation assistance.
Key responsibilities on the team are:
* Support annual plan projections and analysis
* Support rebasing of plan projections on a quarterly basis using updated economics and assumptions
* Collaborate with FP&A team on identifying drivers of plan to actual results
* Provide line of sight to management on key drivers to profitability and identify drivers of change to inforce MYGA/PLA profitability
* Provide sufficient information to identify impacts of NGE elements to plan income
* Lead monthly renewal rates analysis for RILA and communicate insights to the team
* Identify retention strategies for high performing business and partner with division on execution
* Identify remediation strategies for underperforming business and partner with division/enterprise on execution
* Develop and share business insights related to portfolio evolution from renewal rate decisions
* Develop current market risk insights with regards to product portfolio with emphasis on spread analysis, disintermediation analysis, cost of guaranteed rates
* Lead annual MRM updates and support MRM model and process review process
* Collaborate with Enterprise Modeling team to enhance Prophet model coding and perform UAT
* Perform assumption testing and keep the team informed of financial impacts
* Support Enterprise requests related to ALM, reinsurance, and other cross-functional initiatives
* Execute on responsibilities in satisfying the Division's goals and clients' needs through timely, efficient completion of projects, and through innovative products and processes.
* Demonstrate skills and behaviors that reflect a cohesive unit within teams and across the Product, Finance and other departments of CMD
* Communicate effectively with various audiences and be able to explain complex modeling issues in language appropriate for the audience. This ranges from teaching new hires to presenting to senior management.
* Foster collaboration, manage expectations, and effectively communicate project updates, milestones, and risks.

The experience you bring:
* Bachelor’s degree in Actuarial Science, Mathematics, Computer Science, Data Science, or other related fields.
* ** FSA designation required.**
* ** Experience working with some actuarial modeling software (Prophet preferred)
*** Experience working with large data sets (e.g., Alteryx, Snowflake) and data visualization software (e.g. Tableau).
* Ability to work independently and collaboratively as part of a team and to manage long-term projects.
* Detail-oriented with excellent organizational and interpersonal skills.
* Excellent analytical, critical-thinking, problem-solving, and decision-making skills.

What makes you stand out:
* ** 6+ years of actuarial experience preferred.**
* ** Experience with annuity products and features.**
* ** Experience in annuity Pricing and Rate-Setting.
*** Knowledge of different accounting frameworks.
* Good understanding of reinsurance, hedging, and asset strategy.
* Ability to drive discussion with senior leadership.
** Base Salary Ranges per

Location:

**
* ** Charlotte, NC:** $152,370 - $186,230
* ** Newport Beach, CA:** $167,670 - $204,930
* ** Omaha, NE:** $144,810 - $176,990
** Base Pay Range:
** The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.$ - $
** 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.
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