Director & Actuary, VA & RILA Valuation and Projection

Pacific Life Insurance Company$203K — $249K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Actuarial Science, Mathematics, or related field
  • FSA designation required
  • 8+ years of actuarial experience
  • At least 3 years post-FSA designation
  • Experience mentoring and developing team members

Responsibilities

  • Lead and develop a team of actuaries and business analysts
  • Oversee statutory valuation and asset adequacy analysis processes
  • Lead analysis of financial results
  • Ensure effective valuation controls
  • Engage stakeholders to facilitate timely decision-making
  • Implement process improvements and workflow efficiencies
  • Communicate project updates and manage expectations with stakeholders

Benefits

  • Comprehensive health benefits including Medical, Dental, and Vision
  • Wellbeing Reimbursement Account for eligible dependents
  • Generous paid time off including holiday schedules
  • Paid Parental Leave and Adoption Assistance Program
  • Competitive 401k savings plan with a company match
Full Job Description
Job Description:

We9re actively seeking a talented Director & Actuary to join our VA & RILA Valuation and Projection 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 Director & Actuary, you9ll move Pacific Life, and your career, forward by overseeing the completion of periodic statutory valuation and asset adequacy analysis processes and providing insights regarding financial results. You will fill a new role that directly supervises a team of three people in the corporate division. Your team members will include actuaries and business analyst professionals.

How you9ll help move us forward:
  • Lead and develop a staff of actuaries and business analyst professionals by providing insights, guidance, and oversight through setting and communicating clear objectives and expectations, providing stretch assignments based on employees9 skills & levels, and providing knowledge transfer, coaching and support
  • Direct and oversee the completion of periodic statutory valuation and asset adequacy analysis processes
  • Lead development of analysis to explain financial results
  • Ensure appropriate valuation controls
  • Engage key stakeholders at appropriate level of involvement to drive decision-making in a timely manner
  • Implement process improvements, automation, and efficiencies
  • Foster collaboration, manage expectations and workloads, and communicate project updates, milestones, and risks
  • Communicate effectively with various stakeholders, from interns to senior management, in language appropriate for the audience


The experience you bring:
  • Bachelor9s degree in Actuarial Science, Mathematics, or a related field
  • FSA designation
  • 8+ years of actuarial experience, with at least 3 years post-FSA designation
  • Experience mentoring and developing team members


What makes you stand out:
  • Passion to be the best team
  • Prior experience with variable annuities, RILA, valuation and/or modeling
  • Familiarity with VM-21 and C3 RBC
  • Prophet experience
  • Strong organizational, time management, and leadership skills


Salary Ranges per Location:
  • Newport Beach, CA: $203,760 - $249,040
  • Omaha, NE: $175,950 - $215,050
  • Charlotte, NC: $185,220 - $226,380


Base Pay Range:

The base pay range noted represents the company9s 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.

$203,760.00 - $249,040.00

Your Benefits Start Day 1

Your wellbeing is important to Pacific Life, and we9re 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, we9ve got you covered.

  • 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


About Pacific Life Insurance Company

Pacific Life Insurance Company Careers

There has never been a more opportune time to join the dynamic team at Pacific Life Insurance Company—a leader in the insurance industry known for its commitment to innovation, leadership, and professional growth.

Work You’ll Do

Join Pacific Life Insurance Company’s esteemed team to assist in pioneering efforts that drive the insurance industry forward. At the intersection of technology, industry expertise, and digital innovation, Pacific Life Insurance Company stands as a beacon of transformative solutions and services. Lead in a unique position in the marketplace, leveraging deep industry knowledge and a commitment to digital innovation to enhance client experiences and outcomes. Engage with a diverse global team of business and technology advisors, helping clients navigate through their challenges with cutting-edge solutions. Collaborate with dedicated professionals who are at the forefront of integrating technology and insurance services to deliver exceptional results.

Introducing the Pacific Life Insurance Company Professional Growth and Development Initiative

The initiative aims to build a leading advisory team to guide some of the most well-known companies through their transformation journeys, utilizing innovative insurance solutions.

Do Innovative Work

Be part of a team that is not just the largest but the most knowledgeable in the insurance sector, with a focus on delivering targeted solutions through a depth and breadth of consulting experience that is unmatched.

Drive Innovation and Leadership

Work on a wide range of projects that harness the capabilities of Pacific Life Insurance Company’s robust technological and service-oriented frameworks.

Future-Proof Your Career

Advance your career with Pacific Life Insurance Company, where the opportunities for growth are vast, supported by comprehensive training, development, and certification programs.

Explore Job Opportunities and Internships

Discover various job opportunities and internship positions that allow you to bring your skills and passion to a team that values innovation and leadership. Pacific Life Insurance Company is committed to fostering a culture of diversity and inclusion, providing a platform for professional development and personal growth.

The Pacific Life Insurance Company Employment Experience

With a commitment to diversity training and a culture that promotes networking and professional growth, Pacific Life Insurance Company helps team members thrive in a supportive and dynamic environment. Clients and employees alike look to Pacific Life Insurance Company for leadership in creating industry-leading solutions that promote growth and innovation.

Stay Connected

Join the Team

Search open positions that match your skills and interests. Pacific Life Insurance Company seeks passionate, curious, creative, and solution-driven team players.

SEARCH PACIFIC LIFE INSURANCE COMPANY JOBS

Keep Up to Date

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