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Pacific Life Insurance Company

Pacific Life Insurance Company

Assistant Actuary

Assistant Actuary

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Job Details
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Uploaded On
June 29, 2023
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Location
Newport Beach, United States
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Remote?
No
Salary
$
103
k-$
129
k
Glassdoor Ratings
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Recommend to a Friend
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Overall Score
[ 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 Assistant Actuary to join the Enterprise Risk Management team in Newport Beach, CA. This role will report to the ERM Director of Portfolio Risk and will work hybrid 2+ days per week in the office.

As an Assistant Actuary, you will play a key role in Pacific Life's growth and long-term success by providing valuable risk management insights that impact business strategy. You will be responsible for producing aggregate risk results for the enterprise and delivering timely and high-quality aggregate exposure analysis to support communication to our key constituents, including the Board of Directors, Executive Management, Regulators, and Rating Agencies. You will implement enhancements to the aggregate risk reporting capabilities and support ad hoc analysis efforts as the Company's risk profile evolves. This is a highly visible role that provides opportunities to engage senior leaders and collaborate with business partners across the enterprise. The role will provide the opportunity to develop an in-depth understanding of key metrics that the Company manages to as well as key drivers that impact the Company's risk profile.

Candidates who meet most but not all requirements are encouraged to apply. Actual job title and offer will be based on experience and skillset.

How you will make an impact:
  • Produce aggregate risk results while ensuring reasonableness through critical review, attribution analysis, and effective challenge
  • Provide thoughtful and well-articulated explanation of changes in the Company's risk profile
  • Modernize and enhance aggregate risk analysis capabilities using data visualization tools
  • Collaborate effectively and maintain strong engagement with business partners across divisions and within Corporate Finance and ERM
  • Conduct ad-hoc analysis in support of enterprise initiatives as needed


The experience you will bring:
  • ASA with 4+ years of actuarial experience within the life insurance industry
  • Bachelor's degree in actuarial science, finance, mathematics, or related field
  • Strong quantitative, analytical, and problem-solving skills with innate curiosity and attention to detail
  • Highly organized with strong time management skills
  • Intermediate or advanced capabilities in Microsoft Excel
  • Strong technical skills. Experience with one or more of the following: SQL, Python, R, C++, Java, VBA


What will make you stand out:
  • Prior experience in risk management, capital management, finance, and/or valuation
  • Strong teamwork, relationship, and interpersonal skills
  • Strong verbal and written communication skills; ability to explain technical concepts to non-technical audience
  • Prior experience using data transformation and visualization tools such as Alteryx or Tableau


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.

$103,000.00 - $128,800.00 - $173,900.00

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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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.