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 AVP to join our Enterprise Insurance Risk Management team in Newport Beach, CA. This role requires being in the office at least 3 days per week.

As an AVP, you will move Pacific Life, and your career, forward by helping guide the insurance risk management process. You will fill a new role that reports directly to the Divisional CRO and Head of Insurance Risk for the enterprise, working alongside a direct team of risk management professionals and interacting with other stakeholders across a broad range of functions.

How you’ll help move us forward:

• Serve as a primary reviewer of mortality, longevity, and policyholder behavior risk across a variety of product lines and business units, ensuring alignment with risk appetite guidelines and proactively escalating any concerns

• Promote the enterprise risk management framework in the context of divisional growth initiatives

• Stay current with emerging insurance industry practices as well as advancements in insurance risk management techniques, such as statistical methodologies, predictive modeling, and data analytics, and incorporate into internal frameworks appropriately 

• Proactively evaluate and recommend risk monitoring strategies to find solutions that best address business needs

• Be an effective risk partner by fostering collaboration and serving as a strategic connector across a robust network of colleagues throughout the enterprise

The experience you bring:

• An FSA or equivalent designation

• Extensive expertise applying quantitative and qualitative analysis for managing mortality, longevity, morbidity, and policyholder behavior risks

• Familiarity with a wide range of life, annuity, and institutional insurance products in areas of pricing, reinsurance, actuarial modeling, financial reporting, forecasting, and economic valuation; global experience preferred

• Experience with assumption setting and review in product development and M&A contexts

• Demonstrated project management, leadership, communication, and interpersonal skills  

• Bachelor's degree in actuarial science, mathematics, finance, computer science, or related field or equivalent work experience 

What makes you stand out:

• Exhibit courage in identifying and addressing potential issues, providing effective challenge, and asking probing questions

• Hands-on experience applying data science techniques to life underwriting models.

• Proven ability to effectively review and challenge dynamic policyholder behavior models for life and annuity products

• Understanding of various regulatory and financial reporting regimes such as US NAIC, Solvency II, Bermuda, LDTI

• Creativity and initiative in work product; challenge and influence in a constructive manner

• Self-starter, with a continuous improvement mindset. Manages ambiguity and can work effectively with and influence different levels of the organization and across business lines.

You can be who you are.

People come first here. We’re committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

Benefits start Day 1.

Your wellbeing is important. We’re committed to providing 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 a 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.

$219,000 - $268,000

#LI-DG1

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.

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

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.