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Senior Actuary (FSA) - Annuity Product Development

Pacific Life Insurance CompanyNewport Beach, United States5mo ago
HybridIndividual AnnuitiesLife Annuity OtherProduct Development & Plan DesignPricing & RatingAsset-Liability Management

Role Summary

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HIGHLIGHTS

Senior life actuarial role focused on annuity product development and pricing in Pacific Life's Consumer Markets Division. You will design and repricing annuity products (RIA, VA, FIA, ILVA, fixed annuities), run pricing models, and collaborate with product, finance, investments and distribution teams. On-site 4 days/week in Newport Beach, CA (Omaha, NE is an alternate location). FSA designation required.

JOB DESCRIPTION SUMMARY

  • Develop and price annuity products (RIA, VA, FIA, ILVA, fixed annuities)
  • Run and analyze pricing models and semi-annual product suite repricing
  • Collaborate with product strategy, finance, investments, and distribution
  • Provide technical guidance to junior actuarial staff
  • On-site 4 days/week in Newport Beach, CA (relocation required if not local)

DOMAIN EXPERTISE

  • Annuity product development and pricing
  • Pricing for RIA, VA, FIA, ILVA, and fixed annuities
  • Asset and liability projections / cash flow testing

KEY REQUIREMENTS

  • FSA designation required
  • Experience with actuarial modeling software (Prophet, MoSes, Turbo, etc.)
  • Bachelor's degree in Actuarial Science, Mathematics, or similar
  • Proficiency in Microsoft Excel
  • On-site 4 days/week; relocation required if not near office

TECH STACK

  • Excel