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Director & Actuary - Life Pricing
Director & Actuary - Life PricingPacific Life • Newport Beach, California, United States
Director & Actuary - Life Pricing

Director & Actuary - Life Pricing

Pacific Life • Newport Beach, California, United States
7 hours ago
Job type
  • Full-time
Job description

Overview

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. We collaborate and innovate to transform not just Pacific Life, but the industry for the better. Pacific Life is more than a job; it is a career with purpose and the support, balance, and resources to make a positive impact on the future.

We are actively seeking a Director & Actuary to join our Life Insurance Pricing team in Newport Beach, CA or Omaha, NE. This role follows a hybrid schedule of four days in the office. Candidates open to relocating to either location are encouraged to apply.

As a Director & Actuary - Life Pricing, you will lead product development initiatives for our life insurance business, working closely with Pricing and Product Development, Risk Management, Modeling, and Sales within the Consumer Market Division and across the enterprise.

Responsibilities

Lead and develop a pricing team; oversee product pricing activities and perform analysis requiring pricing expertise.

Lead product pricing, support product implementation, and execute project plans with on-time, high-quality deliveries.

Stay current with regulatory changes and other pricing or risk management developments that could impact our product lines.

Ensure product development follows pricing guidelines, meets regulatory requirements, and meets internal profit / risk governance standards; secure all required product approvals.

Collaborate with stakeholders including marketing / sales, investment management, valuation, risk management, legal, and operations to balance competitiveness, profitability, and risk for priced products.

Work with a team of support staff to grow talent and provide development advice and support.

Qualifications

FSA with 6+ years of related experience in actuarial pricing and product development.

Direct experience developing life insurance products.

Bachelor's degree in Actuarial Science, Finance, Mathematics, Computer Science, or related field.

Strong management, team-building, and communication skills.

Excellent project management and business partnering abilities.

Proven leadership with a strong sense of urgency.

Ability to understand the big picture and mobilize initiatives in ambiguous situations.

Proficiency in Microsoft Excel.

You can be who you are

People come first here. We are 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.

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.

$198,810.00 - $242,990.00

Your Benefits Start Day 1

Your wellbeing is important to Pacific Life, and we are 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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Director Pricing • Newport Beach, California, United States

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