[ 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 Associate Actuary to join the Fixed Annuity Valuation Team in Newport Beach, CA or Omaha NE. This role can be on-site, hybrid, or 100% remote.

As an Associate Actuary, you'll play a key role in Pacific Life's growth and long-term success by owning the reporting and communication of the Fixed Deferred Annuity quarterly reserves and earnings and leading related projects and initiatives. You will fill a new role that sits on a team of 4 people in the Consumer Markets Division. Your colleagues will include actuaries and financial professionals.

How you will make an impact:

• Maintaining, updating, and running the Fixed Annuity Valuation PolySystems model
• Preparation and analysis of post-model reports
• Implementing modeling enhancements and modifications validation, maintaining proper controls and processes consistent with MRM guidance
• Support day-to-day operations of Fixed Deferred Valuation
• Maintain awareness of new product activity and regulatory changes, supporting implementation
• Support development of analytic tools to help explain the modeled results and movement from prior periods
• Support the quantitative analysis of model output and enhance reporting capabilities.
• Communicate and present Fixed Deferred results to management with clarity and appropriate depth
• Collaborate with colleagues in other departments and divisions. Interact closely with management and senior management of the valuation, pricing, risk management, and finance departments. Build strong relationships and seek out to provide actuarial interpretation and expertise to others within the division and corporate management
• Maintain open and effective communication with manager and peers
• Ad-hoc analysis and other special projects, as required

The experience you will bring:

• Bachelor's degree in actuarial science, finance, mathematics or related field or equivalent work experience
• FSA with 6+ years of actuarial experience
• Excellent communication and interpersonal skills
• Strong teamwork, relationship, and interpersonal skills. Ability to work with teams and coalitions.
• Ability to introduce innovative ideas and approaches in support of broader goals.
• Judgement, resourcefulness, and ability to distill complicated issues into something more manageable
• Ability to work independently and to manage long-term projects
• Solid experience and strong skills in using actuarial modeling software; experience with PolySystems, MoSes and Prophet a plus
• Advanced Excel, VBA, and database skills

What will make you stand out:

• Working knowledge of FIA (fixed indexed annuities) with guarantee benefits a plus
• Prior experience in Annuity Valuation a plus
• Creativity and initiative in designing and improving valuation processes
• Strategic thinking. Ability to analyze changing circumstances and develop the best path forward. Ability to bring together different resources

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 - $233,600.00

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. ]