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Associate Actuary Pricing

Location
, CA

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Job Description:
POSITION SUMMARY:

Lead pricing projects for new fixed and variable annuity products, including deriving assumptions, constructing pricing models, performing in-depth risk and pricing analysis, producing product approval presentation, and support product filing and implementation.

Build and enhance the pricing framework for all product development such as establishing new financial framework on pricing (such as GAAP/Economics), assessing pricing/profitability metrics, streamlining pricing process, implementing pricing updates, and improving modeling capabilities.

Determine and review the premium amount for pension risk transfer group annuity deals. Partner with Sales for pension risk transfer transactions in a fast-paced, customer and deal-focused environment.

Closely work with Sales, Product Implementation, Risk Management, Valuation, Finance, Compliance, Technology, Operations and Marketing throughout the new product pricing.

Manage and develop 1 direct report.

FACTORS FOR SUCCESS:

Bachelor's degree in Actuarial Science, Mathematics, Computer Science, other related field; Or equivalent work experience

FSA or near-FSA

Strong working knowledge in Microsoft Excel; Programming experience desired but not required

Experience with MoSes or similar actuarial software is a plus

Understanding of insurance industry and in-depth knowledge of financial impacts is preferred

Attention to detail; well organized with proven experience in handling multiple projects and meeting tight deadlines

Effective communication skills to present business solutions in a clear and concise manner

Managerial experience is a plus

This position can be based in Omaha, NE or Newport Beach, CA

About Pacific Life:
Celebrating 150 years of service in 2018, Pacific Life offers life insurance, annuities, and mutual funds, along with a variety of investment products and services, all of which provide The Power to Help You Succeed. We firmly believe each employee plays a part in our continued growth and success, and we pride ourselves in providing a work environment that is challenging, inclusive, collaborative, and results-oriented. With a powerful past and a strong future, Pacific Life offers an environment where you're empowered to achieve your personal best. In return, we look to your passion and insight to help us grow. For additional company information, including current financial strength ratings, visit (please use the apply button below). To explore the heritage of Pacific Life and learn more about our history, visit (please use the apply button below).

Location(s):
CA-Newport Beach, NE-Omaha

Full Time / Part Time:
full time

Benefits:
Join the Pacific Life team and watch your career grow! We offer a competitive compensation and benefits package that includes:
Competitive salary and bonus program
Medical, dental, and vision as part our commitment in investing in the health and wellbeing of our employees
Two retirement savings plans: 401k savings plan with company match and Company Retirement Contribution (company-paid)
Generous vacation time and holiday pay
And much more!

EEO Statement:
**MEMBERS ONLY**SIGN UP NOW***. 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 **MEMBERS ONLY**SIGN UP NOW***..
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