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 Actuarial Leader to join our Capital Management team in Newport Beach, CA. This role can be on-site, hybrid, or 100% remote.
As a AVP of Capital Reinsurance and Solutioning, you'll play a key role in Pacific Life's growth and long-term success by developing and implementing capital solutions to support the company's financial objectives.
How you will make an impact:
- Work closely with senior management to develop and implement strategic capital reinsurance solutions to support the company's financial objectives
- Partner across the enterprise to lead the implementation of affiliate reinsurance transaction
- Drive the optimization of affiliate reinsurance transactions to improve the overall company outcomes
- Partner across the company to lead the Affiliate Re operation and reporting, including but not limited to financial/regulatory reporting, stress testing and business planning
- Maintain and report the existing capital reinsurance treaties
- Support any other strategic capital structuring projects
- Strong leader and developer of a team focusing on technical and non-technical development.
- Provide guidance and support to other departments within the company.
- Oversee strong cultural of development, empowerment and transparency focusing on removing key person dependencies in highly specialized positions
- Build strong partnerships across the Company, Division and Industry
The experience you will bring:
- Bachelor's degree in Finance, Accounting, Actuarial or a related field.
- 10+ years of actuarial experience
- FSA Preferred
What will make you stand out:
- Understanding/familiarity with reinsurance structure and transaction
- Understanding/familiarity with Bermuda Monetary Authority and NAIC requirements.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
Base Pay Range:
The base pay range noted represents the company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.
$214,020.00 - $261,580.00
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.
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.