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Senior Actuary (FSA) - Model Developer, New Business

Pacific Life Insurance CompanyNewport Beach CA-7005mo ago
HybridPension DBIndividual AnnuitiesLife Annuity OtherGroup LifePricing & RatingAsset-Liability ManagementData Engineering

Role Summary

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HIGHLIGHTS

Senior actuarial model developer (FSA) focused on Pension Risk Transfer and life/annuity products. You'll develop, test, and maintain Prophet pricing models, support pricing and valuation teams, and uphold model risk management standards. Senior IC role on the Enterprise Modeling Team, hybrid in Newport Beach, CA (also Omaha, NE or Charlotte, NC).

JOB DESCRIPTION SUMMARY

  • Develop, test, and debug pricing models with focus on Pension Risk Transfer
  • Maintain Prophet Professional and Prophet Enterprise models
  • Collaborate with pricing, valuation, ALM, IT, and transformation teams
  • Hybrid role — onsite presence available in Newport Beach, CA; Omaha, NE; or Charlotte, NC
  • FSA designation required; model architecture and governance responsibility

DOMAIN EXPERTISE

  • Pension Risk Transfer pricing/modeling
  • Prophet model development (Professional and Enterprise)
  • Life and annuity product modelling (VA, RILA, FIA, UL, Term)
  • Model Risk Management and model validation
  • Pricing model reconciliation and QA

KEY REQUIREMENTS

  • FSA designation required
  • Bachelor’s degree in Actuarial Science, CS, Engineering, or related (required)
  • Proficiency with Prophet Professional and Prophet Enterprise
  • Proven experience in actuarial pricing/model development and testing
  • Knowledge of financial reporting and regulatory requirements

TECH STACK

  • Snowflake
  • Git_GitHub