Job Title

Job Description

The Role

This role represents an exciting opportunity for an individual with a strong actuarial background to join the Capital Solutions Pricing team at Pacific Life Re.

Reporting to the Manager, Capital Solutions Pricing, this role offers a challenging variety of work, exposure to senior stakeholders, and the opportunity to make a meaningful contribution to the continued development of the Capital Solutions business and the wider PL Re organisation. The role requires a strong understanding of actuarial and financial concepts, and the ability to analyse and clearly communicate new concepts.

The Capital Solutions Pricing team is responsible for assessing the risk profile of each transaction, proposing appropriate pricing to reflect that risk, and supporting decision‑making around deal structuring. Given the ongoing development of new structures across multiple global markets, this role will contribute to establishing processes, best practices, and pricing frameworks across a wide range of products, risks, and regulatory regimes.

This is a varied role within a small team with a broad international remit. We are seeking a Nearly/Newly Qualified Actuary with a proven track record in an actuarial role with a focus on analysis. Prior experience in a dedicated pricing or structured solutions role is not essential; however, a strong understanding of risk assessment, pricing processes, and/or insurance balance sheets would be advantageous.

Key Responsibilities

Risk Assessment & Pricing

• Perform detailed assessments of potential opportunities, considering factors such as deal economics, risk profile, counterparty creditworthiness, market conditions, and regulatory constraints
• Develop, apply, and review pricing methodologies to determine appropriate pricing levels, ensuring returns are commensurate with the underlying risk exposure
• Primarily providing the risk and pricing analysis of deals, but also engaging in discussion with stakeholders on deal characteristics and the business opportunity
• Work closely with the wider Capital Solutions and PL Re teams to support the structuring of transactions that meet client needs while remaining consistent with PL Re’s risk appetite

Process & Assumption Development

• Contribute to the development and refinement of pricing guidelines and best‑practice approaches for the Capital Solutions business
• Assist in building, maintaining, and improving pricing models and tools to enhance analytical robustness, efficiency, and consistency

 Business Analysis & Ongoing Support

• Support ongoing reporting and analysis of in‑force Capital Solutions business, including treaty performance and balance sheet impacts, in collaboration with wider PL Re teams
• Monitor market developments, regulatory change, and competitive dynamics to support opportunity assessment and strategic thinking

Qualifications & Experience

• Nearly or newly qualified actuary (or equivalent experience)
• Experience in reinsurance pricing or structured solutions is preferred
• Exposure to pricing, capital, valuation, or balance‑sheet‑focused work desirable; with good knowledge of one or more capital regimes an advantage
• Strong technical and analytical skills, with the ability to work with complex and sometimes incomplete data
• Ability to operate independently within a small, dynamic team environment, managing competing priorities and occasional time‑critical deadlines
• Collaborative team player who shares knowledge and experience openly and contributes positively to team culture

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits (Only for Permanent and Fixed Term Employees)

Leave

• 25 days of annual leave with option to buy/sell more days 

• Adoption and fertility leave 

• Generous enhanced parental leave 

Healthcare

• Comprehensive private insurance coverage for employee and dependents

• Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary 

• Optical benefits 

Savings & Retirement

• 15% combined employee/employer contributions 

Wellness

• Subsidized gym membership 

• Access to Employee Assistance Program 

• Cycle to Work and Electric Car Salary Sacrifice Scheme 

• Time off for volunteering 

• Charitable matching of employee donations 

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.

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Please click here to view our company values