Job Description:
Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We’re actively seeking a talented Actuary Analyst I to join our rate setting team in Newport Beach, CA or Omaha NE. This role can be on-site, hybrid, or 100% remote.
As an Actuary Analyst I, you’ll play a key role in Pacific Life’s growth and long-term success by participating in product management and analytic functions within the Consumer Markets Division Produce Development department.
How you will make an impact:
- Actively pursue the ASA/FSA credential by participating in the Student Actuarial Rotation Program
- Perform analyses to assess and manage risk associated with insurance and other financial products & instruments
- Analyze and provide counsel to business leaders regarding the economic and financial costs of risk and uncertainty for the business
- Use knowledge of advanced statistical analysis, predictive modeling analytics, financial accounting, and/or actuarial research to develop, test, and validate models used in business decisions.
- Monitor and analyze laws and regulation developments applicable to functional area operations
- Consider internal and external statistical trends, factors, issues, and data impacting results as well as the company’s business goals and strategies in analyses, recommendations, and/or decisions.
The experience you will bring:
Bachelor’s in actuarial science, finance, mathematics or related field
0+ years of actuarial experience (internships included)
1 or more SOA exams passed toward ASA designation
Ability to work independently and collaboratively as part of a team
Strong organizational, communication, and interpersonal skills
Microsoft 365 Skills: Excel (VBA, a plus), PowerPoint, Word, etc.
Excellent analytical, problem-solving, and decision-making skills
What will make you stand out:
Prior internships or experience in life/annuity actuarial capacity
Experience with Prophet
Experience with programming languages and/or databases
Experience with data visualization tools (Alteryx, R, Tableau, etc.)
Base Pay Range:
The base pay range noted provides a basis to determine the appropriate offer dependent upon several factors including but not limited to geographic location, experience, skills, education and pay equity. Also, most employees are eligible for additional incentive pay.
$70,100.00 - $87,600.00 - $113,900.00Your 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
EEO Statement:
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.
Working at
Pacific Life Insurance Company
Pacific Life Insurance Company is a reputable and long-standing provider of life insurance, annuities, and investment solutions. With a rich history spanning over 150 years, Pacific Life has established itself as a trusted name in the industry, known for its financial strength and stability. Actuaries play a crucial role at Pacific Life, utilizing their expertise in risk assessment and management to develop innovative and competitive products. They analyze vast amounts of data, conduct in-depth calculations, and employ advanced statistical models to determine appropriate pricing and risk levels for insurance and investment offerings. Actuaries collaborate closely with cross-functional teams, including underwriters and product managers, to ensure the company's products meet the needs of its diverse customer base. Pacific Life recognizes the value of continuous professional development and supports its actuaries in pursuing actuarial exams and further enhancing their skills. Through comprehensive training programs, mentorship opportunities, and access to industry seminars, actuaries at Pacific Life can stay at the forefront of the field and expand their knowledge. Joining Pacific Life as an actuary means becoming part of a dynamic and inclusive work environment, dedicated to innovation and excellence. Actuaries can expect competitive compensation packages, comprehensive benefits, and a supportive culture that values work-life balance. By joining Pacific Life, actuaries have the opportunity to make a meaningful impact in the lives of individuals and families by helping them secure their financial future with reliable insurance and investment solutions.