Job Description:

Providing for loved ones, planning rewarding retirements, and saving enough for whatever lies ahead - our policyholders count on us to be there when it matters most. It's a big ask, but one 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 Actuary/Associate Actuary to join our Experience Studies team within the Consumer Markets Division. This role will be onsite at either our Newport Beach, CA or Omaha, NE office. This role may be filled at the Associate Actuary or Actuary level depending on the experience and qualifications of the applicant.

As an Actuary/Associate Actuary you will play a key role in Pacific Life's growth and long-term success by supporting the experience studies function, enhancing our predictive analytics capabilities throughout the product lifecycle, and producing data-driven insights related to mortality and policyholder behavior of our annuity products. Your colleagues will include data scientists and fellow actuarial professionals.

As an actuarial student, you will automatically be enrolled in our Student Actuarial Rotation Program. The purpose of the program is to develop and broaden the skills, knowledge, and experience of actuaries across Pacific Life. Students typically rotate every 18-24 months to gain exposure to multiple functional areas, products, and technologies. The program offers competitive benefits designed to encourage and support progress toward the Fellowship designation, including paid study time, reimbursement for registration fees and study materials, and bonuses and raises for passing exams and modules.

Note: The actual title will reflect the chosen candidate's experience and exam progress. Candidates who meet most, but not all, requirements are encouraged to apply.

How you will make an impact:

• Provide support and lead the preparation of experience studies for assumption setting. Identify opportunities to improve existing data processes using R, Alteryx, or Snowflake.
• Prepare data and conduct analyses for experience studies. Run reports to answer management questions and provide visibility into emerging experience across issued business.
• Collaborate with model owners to understand how assumptions are reflected in the model and document them appropriately.
• Create and maintain Tableau dashboards to monitor actual vs. expected experience for various products and riders.
• Prepare data for participation in external industry studies to validate assumptions and benchmark against competitors. Summarize and report key findings.
• Perform peer reviews for various experience studies.
• Monitor and develop tools to track emerging trends that could impact product profitability.
• Implement process improvements, automation, and efficiencies where applicable.
• Provide additional data and summaries in response to ad hoc requests from internal teams related to divisional experience studies, external industry studies, or dashboards.

The experience you will bring:

• Bachelor's degree in actuarial science, computer science, data science, mathematics, or a related field.
• 4+ years of actuarial experience.
• ASA or FSA designation.
• Enthusiasm for working in a role involving predictive modeling, machine learning, and AI.
• Self-starter with the ability to develop solutions in collaboration with multiple business partners.
• Ability to work independently and collaboratively as part of a team, and to manage long-term projects.
• Strong organizational, time management, and interpersonal skills.
• Ability to present complex information clearly and concisely to various audiences, including senior management.

Additional qualifications by level:

• Associate Actuary: 4+ years of actuarial experience, a four-year degree or equivalent experience, and ASA designation.
• Actuary: 6+ years of actuarial experience, a four-year degree or equivalent experience, and FSA designation.

What will make you stand out:

• Working knowledge of annuity insurance products and/or experience studies
• Experience with statistical computing software (e.g., R, Python, SQL)
• Experience working with large datasets (e.g., Alteryx, Snowflake) and data visualization tools (e.g., Tableau)

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.

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.

$134,280.00 - $164,120.00

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.