Director & Actuary, VA & RILA Valuation and Projection

Job Description

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead - our policyholders count on us to be there when it matters most. It's a big ask, but it's one that we have the power to deliver when we work together. We collaborate and innovate - pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it's the right thing to do. Pacific Life is more than a job, it's a career with purpose. It's a career where you have the support, balance, and resources to make a positive impact on the future - including your own.

We're actively seeking a talented Director & Actuary to join our VA & RILA Valuation and Projection team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA, Omaha, NE, or Charlotte, NC. If you are not currently located near one of our offices, we offer comprehensive relocation assistance. As a Director & Actuary, you'll move Pacific Life, and your career, forward by overseeing the completion of periodic GAAP and economic valuation processes and providing insights regarding financial results. You will fill a new role that directly supervises a team of four people in the Corporate division. Your team members may include actuaries and business analyst professionals.

Responsibilities

• Lead and develop a staff of actuaries and business analyst professionals by providing insights, guidance, and oversight through setting and communicating clear objectives and expectations, providing stretch assignments based on employees' skills & levels, and providing knowledge transfer, coaching and support.
• Direct and oversee the completion of periodic GAAP and economic valuation processes.
• Lead development of analysis to explain GAAP and economic financial results.
• Ensure appropriate valuation controls.
• Engage key stakeholders at appropriate level of involvement to drive decision-making in a timely manner.
• Implement process improvements, automation, and efficiencies.
• Foster collaboration, manage expectations and workloads, and communicate project updates, milestones, and risks.
• Communicate effectively with various stakeholders, from interns to senior management, in language appropriate for the audience.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, or a related field.
• FSA designation.
• 8+ years of actuarial experience, with at least 3 years post-FSA designation.
• Experience mentoring and developing team members.

What Makes You Stand Out

• Passion to be the best team.
• Prior experience with variable annuities, RILA, valuation and/or modeling.
• Familiarity with post-LDTI GAAP requirements.
• Prophet experience.
• Strong organizational, time management, and leadership skills.

Salary Ranges per Location

• Newport Beach, CA: $203,760 – $249,040
• Omaha, NE: $175,950 – $215,050
• Charlotte, NC: $185,220 – $226,380

Benefits

• 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 and 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.