Senior Actuary (FSA) - Enterprise Reinsurance

Pacific Life Insurance Company$167K — $204K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6+ years actuarial experience
  • 4-year degree or equivalent experience, and FSA designation
  • Experience in optimizing work processes
  • Ability to plan, prioritize, and meet deadlines
  • Familiarity with visual software tools like PowerPoint and Tableau

Responsibilities

  • Lead analysis and execution of new reinsurance arrangements
  • Analyze inforce reinsurance for strategic partnership insights
  • Provide senior management with reinsurance transaction insights
  • Support quarterly reporting of reinsurance and model projections
  • Work with cross-functional teams on enterprise reinsurance needs
  • Communicate information on reinsurance risks across the organization
  • Guide junior actuarial staff in evaluating reinsurance data

Benefits

  • Comprehensive health benefits including medical, dental, and vision
  • Generous paid time off and financial planning leave
  • Paid parental leave and adoption assistance
  • Competitive 401k with company match and contribution
Full Job Description
We're actively seeking a talented Senior Actuary (FSA) - Enterprise Reinsurance to join our team in Newport Beach, CA, Omaha, NE, or Charlotte, NC. This role is hybrid with four office days per week. 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 by executing critical reinsurance projects. Our Enterprise Reinsurance team plays a highly strategic role across the organization, partnering with business leaders to help achieve enterprise and divisional objectives through the thoughtful use of reinsurance. Reinsurance is treated not as a back-office function, but as a strategic lever used to manage risk, support growth, and enable business decisions. This opportunity is well-suited for an experienced actuary who enjoys ownership, autonomy, and variety.

How you'll help move us forward:
  • Lead analysis and execute new reinsurance arrangements supporting new business strategy from RFP to final implementation and internal/external communications.
  • Analyze inforce reinsurance to formulate a coordinated strategic approach to each reinsurer relationship.
  • Provide insights to senior management related to reinsurance transactions that help facilitate strategic reinsurance decisions.
  • Support quarterly reporting of reinsurance transactions, including review of settlements and ownership of end-to-end modeling of reinsurance projections.
  • Support reinsurance needs across the enterprise by working with Underwriting, Product Design, and other functional areas across the company.
  • Identify, assess, and communicate information regarding reinsurance risks with functions across the organization.
  • Lead analysis of reinsurance business insights, determining key risks and reporting results.
  • Guide junior reinsurance actuarial modelers or data analysts in evaluating reinsurance cash flow projections and data.


The experience you bring:
  • 6+ years actuarial experience
  • 4-year degree or equivalent experience, and FSA designation
  • Experience in understanding and optimizing various work processes
  • Demonstrable ability to plan and prioritize time and deliver to deadlines
  • Familiarity with synthesizing messaging via visual software including PowerPoint and Tableau
  • Additional qualifications for specific job levels as noted below


What makes you stand out:
  • Ability to work in a fast-paced, dynamic environment with high degrees of ambiguity arising from a period of significant change
  • Strong communication (both written and verbal) and interpersonal skills, demonstrating ability to build effective relationships and collaborate
  • Highly accountable, self-starter, with strong project management skills


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


Base Pay Range:

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.

$167,670.00 - $204,930.00

Your Benefits Start Day 1

Your wellbeing is important to Pacific Life, and we're 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, we've 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


You Can Be Who You Are

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 Instagram.com/lifeatpacificlife

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.

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