Job Description:
Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We’re actively seeking a talented developer to join our Modeling Operations team within the Enterprise Actuarial team. This role can be on-site, hybrid, or 100% remote.
As a model operations developer, you’ll play a key role in Pacific Life’s growth and long-term success by working on the team that is accountable for model controls and governance, integration, egression testing, and model defect resolution. You’ll sit on a team with the Enterprise Modeling team and will work closely with actuarial developers, data/IT, valuation, pricing, and modeling teams.
We are open to filling this role as either an Associate Actuary or Application Development Consultant (non-actuary). As a result, we encourage candidates who meet technical criteria but lack Actuarial designations to apply.
How you will make an impact:
Responsible to execute on production aspects of the Model development life cycle related to testing of all valuation and production model implementation and conversion projects (including model merges, library and system upgrades)
Support appropriate UAT, model validation, and code changes
Collaborate with Actuarial IT to support Grid/Cloud maintenance and Prophet user coordination
Support defect resolution and mitigation
Maintain model documentation and collaborate with other developers and stakeholders to secure appropriate review/UAT documentation for all changes made to models, impacts under key reporting bases and evidence of all the required approvals
Help provide oversight of model staging and integration of production models across all use cases
Partner with IT and functional areas to develop simple, effective, and innovative solutions to simplify modeling processes, including model review and testing processes
Troubleshooting and user support for Enterprise Prophet users
The experience you will bring:
Bachelor’s in actuarial science, computer science, finance, mathematics or related field
6+ years’ experience in actuarial modeling and coding
Significant experience with model development in an actuarial modeling tool (Prophet, MG-Alfa, MoSes, AXIS, etc.)
Experience coding in Python, Visual Basic, and SQL
Self-starter with ability to develop solutions by collaborating with multiple business partners
Ability to work independently and collaboratively as part of a team, and to manage long-term projects
Detail-oriented with excellent organizational, communication, and interpersonal skills
Excellent analytical, problem-solving, and decision-making skills
What will make you stand out:
ASA/FSA designation
Production and/or project management skills
Prophet and Cloud experience
Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife.
#LI-TM1 #LI-Hybrid
Base Pay Range:
The base pay range noted provides a basis to determine the appropriate offer dependent upon several factors including but not limited to geographic location, experience, skills, education and pay equity. Also, most employees are eligible for additional incentive pay.
$138,400.00 - $173,000.00 - $233,600.00Your 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
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.
Working at
Pacific Life Insurance Company
Pacific Life Insurance Company is a reputable and long-standing provider of life insurance, annuities, and investment solutions. With a rich history spanning over 150 years, Pacific Life has established itself as a trusted name in the industry, known for its financial strength and stability. Actuaries play a crucial role at Pacific Life, utilizing their expertise in risk assessment and management to develop innovative and competitive products. They analyze vast amounts of data, conduct in-depth calculations, and employ advanced statistical models to determine appropriate pricing and risk levels for insurance and investment offerings. Actuaries collaborate closely with cross-functional teams, including underwriters and product managers, to ensure the company's products meet the needs of its diverse customer base. Pacific Life recognizes the value of continuous professional development and supports its actuaries in pursuing actuarial exams and further enhancing their skills. Through comprehensive training programs, mentorship opportunities, and access to industry seminars, actuaries at Pacific Life can stay at the forefront of the field and expand their knowledge. Joining Pacific Life as an actuary means becoming part of a dynamic and inclusive work environment, dedicated to innovation and excellence. Actuaries can expect competitive compensation packages, comprehensive benefits, and a supportive culture that values work-life balance. By joining Pacific Life, actuaries have the opportunity to make a meaningful impact in the lives of individuals and families by helping them secure their financial future with reliable insurance and investment solutions.