Senior Actuary; FSA - Profitability Management

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.

As a Senior Actuary, you’ll play a key role in Pacific Life’s growth and long-term success through the active management of the inforce life insurance block, including the management of non-guaranteed elements, and building retention and remediation strategies around different business segments.

• 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 other 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: $167,670 - $204,236
• Omaha, NE: $144,810 - $176,990
• Charlotte, NC: $152,370 - $186,230

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.

$ - $

• 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 401(k) savings plan with company match and an additional contribution regardless of participation.

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.