Actuarial Expert

3 weeks ago

Newport Beach, California, United States Pacific Life Full time
About the Role

We are seeking a highly skilled Actuarial Expert to join our team at Pacific Life. As an Enterprise Actuarial Specialist, you will play a key role in driving the company's growth and long-term success by executing critical enterprise-wide projects.

Key Responsibilities
  • Provide support across enterprise actuarial transformation efforts, leading to increased efficiencies and improved business outcomes.
  • Drive consistent enterprise-level implementation of new actuarial reporting requirements and methodologies under external or internal reporting bases.
  • Collaborate with cross-functional project teams, including Data/IT, PMO, and business stakeholders, to deliver high-quality results.
  • Support the implementation of model development projects, conversions, and large-scale changes, ensuring seamless integration with existing systems.
  • Implement required new regulatory changes involving actuarial responsibilities, ensuring compliance with industry standards.
  • Provide backup support for implementing new projects, ensuring timely and effective delivery.
Requirements
  • 6+ years of actuarial experience, with a 4-year degree or equivalent experience, and FSA designation or ASA designation with additional years of actuarial experience.
  • Working knowledge of various reporting frameworks, including regulatory and management reporting, economic value/economic capital, risk-neutral and real-world liabilities, best estimate, and padded assumption setting, etc.
  • Experience in understanding and optimizing various work processes, with a focus on efficiency and effectiveness.
  • Demonstrable ability to plan and prioritize time, delivering results to deadlines.
  • Knowledge of model development platforms and data processes, with a focus on data-driven decision making.
  • Familiarity with synthesizing messaging via visual software, including PowerPoint, Tableau, and QlikView.
  • Nice to have: Proficiency in SQL, databases, data lakes, data visualization tools, scripting languages (e.g., Python, R), and data management platforms. Experience with Snowflake and/or Actuarial software (Prophet, PolySystems) would be a plus.
What We Offer
  • A dynamic and supportive work environment, with opportunities for growth and development.
  • A competitive salary and benefits package, including medical, dental, vision, and wellbeing reimbursement account.
  • 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 additional contribution.
About Pacific Life

Pacific Life is a leading insurance company, dedicated to providing innovative solutions for our customers. We are committed to creating a diverse, equitable, and inclusive workforce, where everyone has the opportunity to thrive.

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