Director & Actuary – Life Pricing
| Company | Pacific Life |
|---|---|
| Location | Newport Beach, CA, USA, Omaha, NE, USA |
| Salary | $198810 – $242990 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- FSA with 6+ years of related experience in actuarial pricing and product development.
- Direct experience developing life insurance products.
- Bachelor’s degree in Actuarial Science, Finance, Mathematics, Computer Science, or related field.
- Strong management, team-building, and communication skills.
- Excellent project management and business partnering abilities.
- Proven leadership with a strong sense of urgency.
- Ability to understand the big picture and mobilize initiatives in ambiguous situations.
- Proficiency in Microsoft Excel.
Responsibilities
- Lead and develop a pricing team; oversee product pricing activities for the pricing team and perform analysis or duties that requires pricing expertise.
- Lead product pricing, support product implementation, execute project plan with on time high quality deliveries.
- Stay current with all regulatory changes and other new pricing or risk management developments that could impact our product lines.
- Ensure product development follows product pricing guidelines, meets all regulatory requirements, and meets all internal profit/risk governance standards; secure all required product approvals.
- Collaborate with all stakeholders, including marketing/sales, investment management, valuation, risk management, legal, and operations, to balance the competitiveness, profitability, and risk for the products being priced to deliver leading edge life insurance products.
- Work with a team of support staff to grow talent and provide development advice and support.
Preferred Qualifications
- FSA with 10+ years of actuarial experience.
- Prior experience developing life insurance products.
- Thought leader with a mindset focused on continuous improvement, sustainability, and scalability.
- Ability to multitask with shifting priorities under tight deadlines.
- Self-starter with strong analytical skills and attention to detail.
- VBA coding experience and proficiency in related programming languages.
- Experience with actuarial modeling and statistical analysis programs, particularly Prophet and R.