Senior Actuary - Workforce Benefits

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 Senior Actuary to join our Workforce Benefits Actuarial Team. Our new Workforce Benefits Division seeks to disrupt the group benefits industry with a digital first strategy. This role will be based out of either our Newport Beach, CA or Omaha, NE offices.

As a Senior Actuary on the Workforce Benefits actuarial team, you’ll move Pacific Life, and your career, forward by playing a key role in the long-term success of this start-up division by developing, analyzing, and rapidly evolving actuarial analysis, assumptions and pricing for a wide range of group benefits market opportunities, with a particular focus on Group Life, Group Disability, and Absence products. As a part of a small start-up team, you will have the opportunity to collaborate closely with across functions and provide expertise for a wide variety of projects as we rapidly grow this business. You will be responsible for ensuring our business build balances our growth goals, consumer value, profitability, and risk.

How you’ll help move us forward :

• Support rapid iterations on product and pricing for our new build of group products, with an eye on the changing competitive, economic, and regulatory environments.
• Collaborate with Underwriting and Distribution team on quoting and case analysis with the appropriate balance of competitive innovation and risk management
• Design and maintain and experience studies for key mortality and morbidity business risks and build and maintain modern monitoring tools for pricing and reserving accuracy and assumption review
• Collaborate with finance team to establish data sources and tools to support the analytic needs of pricing, reserving, and finance aspects of the business build
• Support the end-to-end Workforce Benefits business implementation with a focus on modern approaches and automated processes to enable speed and market differentiation
• Collaborate widely with key business partner teams on a variety of projects supporting the business build and growth, including product, compliance, claims, and employer services

The experience you bring :

What makes you stand out :

You can be who you are.

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

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.

$163,620.00 - $199,980.00

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.

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