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Senior Actuary - Transformation

Pacific Life
life insurance, parental leave, paid time off, 401(k)
United States, California, Newport Beach
700 Newport Center Drive (Show on map)
Feb 23, 2025

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 Transformation Management Office in our Newport Beach, CA or Omaha NE offices. This role is hybrid. We believe in empowering our employees to get work done both in and out of the office.

As a Sr. Actuary you'll move Pacific Life, and your career, forward by leading transformation work for our Enterprise Actuarial group, working at the intersection of actuarial knowledge, business insights, data, process, and systems. You will fill an existing role that sits in a multidisciplinary team of actuaries, business analysts, visualization engineers, data engineers, accountants, and other finance and IT professionals.

How you'll help move us forward:

  • Lead a multidisciplinary group of passionate professionals through complex assignments, providing actuarial and business direction, delivering actuarial solutions that meet technical and business standards.

  • Participate in the design and implementation of future-state actuarial architecture, to meet business goals and support our strategy.

  • Design forward-thinking actuarial dashboards and reports that enable our business partners to derive insights and have meaningful conversations about our actuarial results.

  • Work as part of a broader multidisciplinary team to lay out actuarial business requirements on data, processes, and reports, advocating for actuarial and collaborating with other finance and IT functions to move our transformation forward.

  • Work with various stakeholders within the actuarial, finance, and risk communities to identify and derive future state capabilities, roadmap their development, and execute on their implementation.

  • Partner with other transformation leaders to execute the enterprise data and reporting strategy, and to support the end-to-end workflows and processes from an actuarial lens.

  • Act as a trusted partner and change management agent for testing and adoption of new processes, dashboards, and capabilities.

The experience you bring:

  • Qualified Fellow of the Society of Actuaries (FSA).

  • Exceptional organizational, quantitative, analytical, and problem-solving skills.

  • Strong stakeholder management through communication (both written and verbal) and interpersonal skills, demonstrating ability to build effective relationships and collaborate.

  • Knowledge of the actuarial valuation and reporting process.

  • Knowledge of various reporting frameworks including regulatory and management reporting.

  • Ability to work in a fast-paced, dynamic environment with high degrees of ambiguity.

  • Demonstrable track record of working effectively with others, and leading them.

What makes you stand out:

  • Experience with a broad range of Life and Annuity products.

  • Experience with US GAAP and Statutory reserving standards, methodologies, and requirements.

  • Experience in understanding and optimizing work processes.

  • Experience with actuarial modeling software is a plus.

  • Knowledge of cloud data management and infrastructure is plus (AWS, Snowflake).

  • Knowledge of visualization tools (Tableau and/or PowerBI) is a plus.

You can be who you are.

People come first here. We're 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.

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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.

$159,660.00 - $195,140.00

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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