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Director & Actuary, VA & RILA Valuation and Projection

Pacific LifeNewport Beach, California, United States1d ago
HybridIndividual AnnuitiesLife Annuity OtherReserving & ValuationAsset-Liability ManagementCapital Modelling & Economic Capital

Role Summary

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HIGHLIGHTS

Director-level life actuarial role focused on valuation and projection for variable annuities and RILA. You will lead a small team to run statutory valuation, asset adequacy analysis and explain financial results for Pacific Life in Newport Beach (also hiring in Omaha and Charlotte). Requires an FSA and deep experience in annuity valuation and regulatory frameworks.

JOB DESCRIPTION SUMMARY

  • Lead valuation and asset adequacy analyses for VA and RILA products
  • Manage and develop a team of actuaries and business analysts
  • Ensure valuation controls and explain financial results to stakeholders
  • Drive process improvements and automation for projection workflows
  • Hybrid role – 4 days in office, 1 day remote (Newport Beach/Omaha/Charlotte)

DOMAIN EXPERTISE

  • Variable annuity and RILA valuation and projection
  • Asset adequacy analysis and statutory valuation
  • Familiarity with VM-21 and C3 RBC frameworks
  • Prophet modelling experience

KEY REQUIREMENTS

  • FSA designation required
  • 8+ years of actuarial experience, with 3+ years post-FSA
  • Bachelor's degree in Actuarial Science, Math, or related field
  • Experience mentoring and developing actuarial staff
  • Ability to oversee statutory valuation and asset adequacy processes

TECH STACK

  • No tech stack specified