AVP Actuary - PRT Pricing Operations & Post Sale Management

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 AVP Actuary, PRT Pricing Operations and Post Sale Management to join our PRT Pricing Team 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. As a AVP Actuary, PRT Pricing Operations and Post Sale Management you’ll move Pacific Life, and your career, forward by overseeing the operational effectiveness and strategic evolution of Pacific Life's PRT pricing operating model.

The position will lead post sale initiatives including the repricing process, contracting support, operational coordination, and pricing transformation efforts, while also serving as a technical subject matter expert to the PRT Pricing organization. You will fill a new role that sits on a team of 15 people in the Institutional division. Your colleagues will include Actuaries and fellow PRT Pricing professionals.

You will partner closely with Pricing, Sales Enablement & Implementation (SE&I), Legal, Finance, Valuation, and Technology teams to support the continued growth, scalability, and profitability of the PRT business. This role combines business leadership, actuarial expertise, operational insight, and strategic execution to improve how Pacific Life manages its PRT business and supports future growth.

• Pre-Sale Pricing Support
• Support the RFP review and bid acceptance
• Exercise delegated acceptance authority within established thresholds and bring cases requiring higher approval forward with a clear, documented rationale
• Shape deal strategy before the bid
• Partner with Sales, Underwriting, Investments, Risk, and Operations at intake to frame which scenarios and structures we quote and how non-standard provisions will be handled
• PRT competitive intelligence
• Develop and maintain the competitive intelligence database
• Post Sale Pricing & Management
• Lead oversight of post-sale pricing & management of Pacific Life's PRT transactions
• Own the end-to-end post-sale management partnering with SE&I, Operations, Product, Finance, Valuation & Legal to support the effective administration and ongoing management of sold business
• Create framework, governance and oversight of PRT repricing activities, including evaluation of post-sale changes that may result in premium adjustments, refunds, or additional premium collections
• Establish, enhance, and oversee repricing methodologies, tools, controls, and operational processes, while providing technical review and strategic guidance as processes mature
• PRT Contracting & Operations
• Liaison
• Serve as the primary liaison between the PRT Pricing organization, Operations, Legal, and SEI teams
• Review Group Annuity Contracts (GACs), buy-in agreements, and transaction-specific contractual provisions to assess operational feasibility, pricing implications, and profitability impacts, translating into pricing impacts when necessary
• Provide expertise on complex benefit structures, non-standard plan provisions, administrative considerations, and implementation challenges…