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Actuary & Director, PRT Pricing

Pacific Life

Retirement/Insurer/Director Level

Actuary & Director, PRT Pricing

Pacific Life

Newport Beach, California, United States · Hybrid · Yesterday

Salary
$185k - $226k
Experience
6+ Years

Role Summary

Role type

Pricing partner on live PRT deals

Closer to a live-deal pricing partner than a modelling-heavy IC because transaction execution and stakeholder alignment drive the role.

Director-level Retirement actuarial role in Pacific Life’s Pension Risk Transfer Pricing team, based in Charlotte, NC, with Newport Beach and Omaha also available. You’ll lead end-to-end PRT transaction pricing, assumptions, ALM and reinvestment strategy, and deal execution while managing actuaries and pricing analysts. The role is hybrid with four days onsite and one day remote.

Requirements

Must have

  • FSA or EA designation
  • 6+ years of actuarial pricing and product development experience

Strongly preferred

  • Direct experience with Pension Risk Transfer or annuity products
  • Bachelor's degree in Actuarial Science, Finance, Mathematics, Computer Science, or related field
  • Strong management, team-building, and communication skills
  • Excellent project management and business partnering abilities
  • Proficiency in Microsoft Excel and Prophet

Nice to have

  • FSA or EA with 10+ years of actuarial experience
  • Prior experience with PRT transaction pricing including deferred, cash balance, lump sum, buy-in structures
  • Experience leading mortality experience analysis (PRT or other business lines)
  • VBA coding experience and proficiency in related programming languages
  • Experience with Prophet Asset Liability Strategy Library, Alteryx, and R

Skills & Domain

ToolsExcelAlteryx
DomainPension Risk Transfer transaction pricingAnnuity product pricingMortality experience analysisALM and reinvestment strategyStatutory and economic pricing frameworks