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 our Risk Management team within Consumer Market Division. This role can be on-site, hybrid, or 100% remote.

As an Assistant Actuary, you’ll play a key role in Pacific Life’s growth and long-term success. You will be involved in various tasks/projects with high visibility to understand and analyze risk metrics and formulate risk mitigation solutions for both assets and liabilities. This team enjoys a collaborative environment where we work together to manage Asset and Liability risks of our fixed annuity and life insurance products.

How you will make an impact:

Participate in ALM reporting and strategies design
Apply dynamic problem solving to minimize interest rate risk and maximize portfolio yield to enhance competitiveness
Assist in managing $75B of General Account assets and $5B hedge assets
Calculate and analyze risk associated with fixed annuity and life insurance products
Perform Economic Capital calculation and reporting
Support the testing and implementation of new Actuarial modeling system
Participate in various of Asset reporting processes, such as, funding level projection, investible cash forecast, yield attribution analysis and investment dashboard, etc.
Streamline current reporting processes and build out additional reporting capabilities, 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 or equivalent work experience
Strong quantitative, analytical, and problem-solving skills with innate curiosity and attention to detail
Highly organized with strong time management skills
Ability to work independently and collaboratively as part of a team
Strong verbal and written communication skills
Strong technical skills. Proficiency in Microsoft Excel and experience with one or more of the following: SQL, Python, R, VBA

What will make you stand out:

Demonstrate the ability to quickly acquire and understand new concepts, technologies, and processes relevant to the role
Prior experience in Risk Management, Asset and Liability Management
Experience working in Prophet and/or MoSes
Prior experience using data transformation and visualization tools such as Tableau, Alteryx, or Power BI

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.

This role has closed

This role has closed