About this Actuary & Director, Institutional Pricing role at Pacific Life
Job Description:
We are actively seeking a talented Director & Actuary to joining our Institutional Pricing team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA, Omaha, NE, or Charlotte, NC. If you are not currently located near one of our offices, we offer comprehensive relocation assistance.
As a Director & Actuary, you’ll play a key role in Pacific Life’s growth and long-term success by leading all pricing product design activities. You will be responsible for the pricing of new product rollouts in our Defined Contribution Lifetime Income (DCLI) market.
How you will make an impact:
- Lead pricing initiatives for DCLI Institutional products; oversee product pricing activities for the pricing team and perform analysis or duties that require pricing expertise.
- Partner with Product to develop and price new products, support product implementation, execute project plans with on-time high-quality deliveries.
- Stay current with all regulatory changes and other new pricing or risk management developments that could impact our product lines.
- Ensure pricing adheres to product pricing guidelines, meets all regulatory requirements, and meets all internal profit/risk governance standards; secures all required product approvals.
- Collaborate with all stakeholders, including product, investment management, valuation, risk management, legal, and operations, to balance the competitiveness, profitability, and risk for the products being priced.
The experience you will bring:
- 8+ years actuarial experience, typically includes management experience
- FSA designation in the Society of Actuaries.
- Ability to research and generate creative solutions on various product-related issues.
- Strong communication skills to present business solutions in a clear and concise manner and to collaborate effectively with actuarial and non-actuarial partners.
- Ability to lead multiple projects and meet tight deadlines with thoughtful planning and effective execution.
- An interest in leading and mentoring others.
What will make you stand out:
- Strong research/analytic capability and innovative thinking.
- Experience of managing projects that focus on delivering solutions for customers.
- Leadership qualities that promote collaboration and teamwork.
- Organizational skills that promote effectiveness in managing timelines.
- Strong communication skills that allow the ability to explain technical actuarial items in easy-to-understand presentations to non-actuarial audiences.
Salary Ranges per Location:
- Newport Beach, CA: $203,760 - $249,040
- Omaha, NE: $175,950 - $215,050
- Charlotte, NC: $185,220 - $226,380
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.
$203,760.00 - $249,040.00Your 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
You Can Be Who You Are
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife
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.
