Financial Planning

2 weeks ago


Newport Beach CA, United States Pacific Life Full time

Providing for loved ones, planning rewarding retirements, and saving enough for whatever lies ahead - our policyholders count on us to be there when it matters most. We're actively seeking a talented Senior Actuary Life R&D to join our Research and Development team in Newport Beach, CA or Omaha, NE. Applicants open to relocating to one of these locations are encouraged to apply.
How You'll Help Move Us Forward
Drive Product Research and Pricing Projects : Assist in the design and pricing of innovative life insurance products that are competitive and attractive in the industry.
Collaborate with R&D team and other stakeholders to advance the research and development and viability phases, providing solutions to challenges encountered in product development.
Actuarial Research Expertise : Perform duties or analyses requiring actuarial research expertise including modeling new features and understanding pricing levers.
Educational Materials Development : Actively participate in creating valuable, insightful educational materials and tools for financial professionals (FPs) and their clients to help them understand the benefits and risks of our product features.
Ensure Alignment with Strategies : Ensure the product development process aligns with divisional and enterprise product and risk strategies.
Feedback Collection and Analysis : Partner with product intelligence team to collect feedback on existing products' performance and unmet market needs to identify necessary corrective actions, such as developing competitive, data-driven product enhancements.
Risk Identification : Identify key risks and option trade-offs within product ideas to support decisionmaking. Present internal projects to key stakeholders, ensuring alignment with business objectives and transparent communication during the early stages to avoid costly latestage surprises.
Provide technical support to implementation teams, including IT, Compliance, Marketing, Product Design, Modeling, and others as needed.
Qualified Fellow of the Society of Actuaries (FSA) with experience in actuarial pricing, product development, and modeling.
~6+ years of actuarial experience with a bachelor's degree in actuarial science, computer science, finance, mathematics, or related field.
~ Selfstarter with ability to work independently and collaboratively as part of a team, and to manage longterm projects. Indepth knowledge of the economic, industry, and regulatory factors shaping life products.
~ Prior experience across multiple domains that impact life R&D, such as: pricing, hedging, reinsurance, ALM, and investments.
Demonstrated commitment to staying current with industry trends, emerging technologies and best practices related to life products and financial services.
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. 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 wellbeing including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
Paid Time Off, Holiday Schedules, and Financial Planning Time Off
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.
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