[ 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 Director & Actuary to join our Life Valuation team in Newport Beach, CA or Omaha, NE.

As an actuary in the Consumer Markets Division Life Valuation team, you will play a key role in Pacific Life's growth and long-term success by leading a team of developing actuaries. You will be responsible for economic projections, including ownership of Economic Value, Economic Capital and Cash Flow Testing projections for Life products. You will be accountable to the Corporate Appointed Actuary and Division Valuation Actuary for Asset Adequacy Analysis results.

Note: Candidates who meet most but not all requirements are encouraged to apply. Actual job title and offer will be based on experience and skillset.

How You'll Contribute

• Lead Economic Valuation and Economic Capital calculations as part of the enterprise economic framework
• Drive economic framework maturity within the division and enterprise
• Direct/conduct Asset Adequacy Analysis and preparation of the Actuarial Opinion and Memoranda
• Oversee other projection projects including RBC C3P1, Illustration Actuary Testing, and NY Liquidity Testing
• Provide support to audit requests and interface with auditors, state regulators and examiners as necessary
• Support and ensure compliance with Model Risk Management initiatives and standards, including model risk, model documentation, and other best practices guidelines
• Ensure appropriate controls over the model input data including liability data, asset data and economic scenarios
• Support finance transformation projects, including Prophet implementation
• Direct development of analytic tools to help explain the modeled results and movement from prior periods
• Implement process improvements, automation, and efficiencies where applicable
• Lead and develop a staff of actuarial professionals by providing insight, guidance and oversight through setting and communicating clear objectives and expectations, providing stretch assignments based on employee's skills and level, providing knowledge transfer, coaching and support
• Communicate effectively with various audiences, from intern to senior management, and be able to explain complex modeling issues in language appropriate for the audience
• Foster collaboration, manage expectations and workloads, and communicate project updates, milestones, and risks

Factors for Success

• Bachelor's in actuarial science, finance, mathematics or related field or equivalent work experience
• FSA with 8+ years actuarial experience
• Ability to work independently and collaboratively as part of a team, and to manage long-term projects
• Demonstrated leadership, organizational, and interpersonal skills
• Judgement, resourcefulness, and ability to distill complicated issues into something more manageable
• Excellent written/verbal communication skills with the ability to present complex information in a clear and concise manner to various audiences, including senior management
• Excellent analytical, problem-solving, and decision-making skills
• Solid experience with actuarial modeling software, MG-ALFA or Prophet a plus

What will make you stand out:

• Previous management experience with a small team
• Working knowledge of life insurance products
• Experience with market consistent valuation and/or Asset Adequacy Testing
• Experience working with large data sets and data visualization software (e.g. Tableau)

Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife.

#LI-TM1 #LI-Hybrid

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.

$168,200.00 - $210,200.00 - $294,300.00

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

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. ]