[ 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 Director & Actuary to join our Reinsurance team. This role can be on-site, hybrid, or 100% remote.

As a Director & Actuary, you'll play a key role in Pacific Life's growth and long-term success by overseeing our enterprise ceded reinsurance program, and evaluating and executing solutions that focus on meeting the strategic reinsurance and capital management goals of Pacific Life. You would be responsible for technical capabilities to model and analyze complex reinsurance structures including financial and traditional reinsurance transactions. You will fill a new role that sits on a team of 3 people in the Corporate division. Your colleagues will include a variety of stakeholders across the enterprise including but not limited to accounting, risk, valuation, tax, legal, PL pricing and valuation.

How you will make an impact:

• Oversight of inforce reinsurance program through:
  • Evaluation and monitoring the value of program
  • Management of Captives Program, including capitalization, reviews of audited financials, performing asset adequacy testing support, supporting regulatory and auditor reviews and Plan
  • Providing actuarial review and analysis for quarter-end settlements and financial reporting through clear understanding of accounting implications of various structures
• Recommend changes to optimize the programs
  • Recommend use of reinsurance contract rights to optimize contribution to risk adjusted returns
  • Drive analysis of any issues that come up with inforce block from reinsurers
• Model and analyze complex reinsurance transactions and make strategic recommendations
• Oversight of implementation of reinsurance structures into valuation and reporting
• Understand downstream impacts of potential transactions to various stakeholders such as legal, tax, as well as multiple accounting bases and jurisdictions including but not limited to GAAP, Stat, Bermuda
• Review and provide strategic guidance on regulatory changes that could impact Reinsurance program
• Serve role as reinsurance subject matter expert for Modelling and Valuation

The experience you will bring:

• FSA, Career ASA
• 10+ years of life insurance, annuity and/or reinsurance experience, with experience in financial reporting or valuation roles
• Bachelor's Degree
• Strong influencing and negotiation skills and ability to work successfully with many different stakeholders
• Excellent interpersonal and communication skills (both verbal and written) with ability to tailor approach to the audience
• Strategic, technical, and analytical mindset
• Effective project management and multi-tasking skills

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.

$168,200.00 - $210,200.00 - $294,300.00

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. ]