Enterprise Modeling Expert

2 days ago


Newport Beach, California, United States Pacific Life Full time
Pacific Life Overview
Pacific Life is a leading insurance company with a rich history of delivering innovative solutions to customers. Our goal is to provide financial security and peace of mind to our policyholders. We're seeking an experienced Actuary and Director Modeling - Modeling Projects and Automation to join our team in California or Nebraska.

Job Responsibilities
As a key leader within the Modeling Projects team, you'll be responsible for large-scale modeling projects and production process automation. You'll work closely with the Inforce Model Development team, the Model Steward team, IT Platforms/Data, valuation, pricing, and model users across the organization supporting all PL product lines. To succeed in this role, you'll need strong leadership, communication, and interpersonal skills, as well as expertise in actuarial modeling and FIS software.

Key Performance Indicators
* Automate and optimize actuarial production processes using advanced techniques such as machine learning and AI-driven automation
* Scale and improve model performance, ensuring they can handle large-scale data and complex calculations efficiently
* Develop and implement new product lines, major regulatory changes, and new use cases into models leveraging best practices and consistent approaches
* Collaborate with various departments (Data/IT, Actuarial, Finance) to ensure projects are integrated smoothly across the organization
* Communicate effectively with senior management and stakeholders regarding actuarial modeling results and insights

Requirements and Qualifications
* 10+ years of experience in actuarial modeling, with a focus on Prophet software implementation
* Strong knowledge of FIS Insurance Risk Suite and Prophet libraries
* Excellent organizational, quantitative, analytical, and problem-solving skills
* Ability to drive tight deadlines with thoughtful planning and effective execution

Compensation and Benefits
* Competitive salary range: $193,950 - $237,050 per year
* Generous paid time off options, including holiday schedules and financial planning time off
* Comprehensive benefits package, including medical, dental, vision, and wellbeing reimbursement account
* Opportunities for professional growth and development

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