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AVP Actuary - Product R&D

Pacific Life Insurance CompanyNewport Beach CA-7001mo ago
HybridIndividual AnnuitiesIndividual Life ProtectionProduct Development & Plan DesignAsset-Liability ManagementReinsurance Structuring & Pricing

Role Summary

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HIGHLIGHTS

Senior life actuarial leadership role in Product R&D supporting retail life insurance and annuity offerings. You will lead a team to own R&D strategy, feasibility, pricing, hedging, ALM and reinsurance for new annuity and life product features. Role is hybrid (four days in office) and hiring in Newport Beach, CA; Omaha, NE; or Charlotte, NC.

JOB DESCRIPTION SUMMARY

  • Lead Product R&D for retail life and annuity solutions
  • Own R&D strategy, feasibility, pricing, hedging and capital optimization
  • Manage annuity ideation and competitor/market intelligence
  • Lead and develop a team of six in the Consumer Markets Division
  • Hybrid role — four days in office; relocation assistance available

DOMAIN EXPERTISE

  • Life insurance and annuity product development
  • Annuity design, pricing, hedging and risk management
  • Reinsurance structuring and capital optimization
  • ALM and capital strategy for new business

KEY REQUIREMENTS

  • FSA designation required
  • 10+ years in life insurance and annuity product development
  • Proven experience in annuity design, pricing, hedging and reinsurance
  • Demonstrated people leadership and team development experience
  • Experience with ALM, capital strategy and new-business capital optimization

TECH STACK

  • No tech stack specified