Senior Actuary; FSA - Annuity Inforce 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.

Senior 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, and relocation assistance is offered for candidates not currently located near an office.

• Support annual plan projections and analysis
• Support rebasing of plan projections on a quarterly basis using updated economics and assumptions
• Collaborate with the 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 in‑force 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, ranging from teaching new hires to presenting to senior management
• Foster collaboration, manage expectations, and effectively communicate project updates, milestones, and risks

• Bachelor’s degree in Actuarial Science, Mathematics, Computer Science, Data Science, or other related fields
• FSA designation required
• Experience working with actuarial modeling software (Prophet preferred)
• Experience 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

• 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

• Charlotte, NC: $152,370 - $186,230
• Newport Beach, CA: $167,670 - $204,930
• Omaha, NE: $144,810 - $176,990

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. Most…