Senior Actuary; FSA - Profitability Management

Overview

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 Senior Actuary to join our Life Profitability Management Team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA
, Omaha, NE
, or Charlotte, NC
.

If you are not currently located near one of our offices, we offer comprehensive relocation assistance.

• Annual plan projections and quarterly re-forecasting for our life portfolio.
• Analyze drivers of plan vs. actual results, providing clear explanations and actionable insights to the Financial Planning & Analysis (FP&A) team and senior management.
• Monitor and interpret in-force performance metrics to identify profitability trends and any needed adjustments.
• Assess the impact of non-guaranteed elements (e.g., credited rates) on earnings, giving management early line-of-sight into emerging opportunities or risks.
• Oversee credited rate and index rate setting on the life business, using data driven analysis.
• Partner with Investments, Hedging and Finance to make decisions on rates and spreads and communicate results to management.
• Collaborate with the Enterprise Modeling team to enhance our Prophet models (including coding updates and user acceptance testing).
• Become an SME on the modeling of the entire life suite of products. Learn to apply rules of thumb and other estimations for non-modeled items and sensitivity analysis.
• Work closely with Finance, FP&A, Asset-Liability Management (ALM), Reinsurance, and other stakeholders on enterprise initiatives involving the annuity in-force block.
• Clearly communicate complex modeling results and recommendations to diverse audiences, from new team members to executive leadership, translating technical findings into actionable business terms.
• Identify efficiencies and modernization opportunities in existing processes and lead implementation efforts.
• Develop and utilize AI to drive insights into the business.
• Serve as lead reviewer and coach for junior staff members on the team.

• Bachelor s degree in Actuarial Science, Mathematics, Computer Science, Data Science, or related fields.
• FSA designation required.
• Experience working with 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, problem-solving, and decision-making skills.

• 6+ years  actuarial experience preferred
• Experience with life insurance products and features
• Knowledge of GAAP earnings, specifically LDTI
• Understanding of different reinsurance agreements and treaties
• Ability to drive discussion with senior leadership

• Newport Beach, CA: $167,
• Omaha, NE: $144,810 - $176,990
• Charlotte, NC: $152,

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

• Prioritization of your health and well-being including Medical, Dental, Vision, and 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

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

What s life like at Pacific Life? Visit

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…