Pacific Life
Senior Actuary - Capital Management
Pacific Life, Newport Beach, California, United States, 92660
Job Description:
Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead
our policyholders count on us to be there when it matters most. Its a big ask, but its one that we have the power to deliver when we work together. We collaborate and innovate
pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because its the right thing to do. Pacific Life is more than a job, its a career with purpose. Its a career where you have the support, balance, and resources to make a positive impact on the future
including your own.
Were actively seeking a talented Senior Actuary to join our Enterprise Capital Management team in Newport Beach, CA, Omaha, NE or Toronto, Canada.
This role follows a hybrid schedule of four days in the office (on-site). If you are not currently located near one of our offices, you will be required to relocate.
As a Senior Actuary youll move Pacific Life, and your career, forward by supporting the capital reporting, planning and analysis function of the Enterprise Capital Management team. You will be interacting with colleagues across the company in the Retail, Institutional, and our Reinsurance business segments, as well as Corporate Accounting, Risk, Finance and Treasury areas.
How youll help move us forward:
Lead quarterly capital reporting, including producing various attribution and forecast analytics for regulatory capital for Capital Management Committee and the Board Execute capital planning component of the annual strategic plan, including capital allocation, organic capital budget development, solvency ratio and excess capital projection and associated analytics Enhance regulatory capital forecasting and scenario analysis capabilities, incorporating drivers such as market movements, new business, hedging, and reinsurance Support capital workstream of the multi-year enterprise wide Finance Transformation project to enhance capital reporting, forecasting, planning and what-if capabilities Collaborate on cross-functional projects and provide insights to senior leadership
The experience you bring:
Bachelors degree in actuarial science, finance, mathematics, or a related field FSA designation required with 8+ years of actuarial experience preferable Strong analytical and problem-solving skills with attention to detail and intellectual rigor Effective communicator with the ability to build relationships and collaborate across teams Hands-on experience in capital planning, reporting, and analysis within a life insurance context Familiarity with US Statutory & Bermuda capital frameworks
and management reporting
You can be who you are.
People come first here. Were committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. Whats life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.
Benefits start Day 1.
Your wellbeing is important. Were committed to providing flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, weve got you covered.
Prioritization of your health and well-being including Medical, Dental, Vision, and a Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents Generous paid time off options including Paid Time Off, Holiday Schedules, and Financial Planning Time Off Paid Parental Leave as well as an Adoption Assistance Program Competitive 401k savings plan with company match and an additional contribution regardless of participation.
Base Pay Range:
The base pay range noted represents the companys good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.
$163,620.00 - $199,980.00 Your Benefits Start Day 1
Your wellbeing is important to Pacific Life, and were 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, weve got you covered.
Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
Paid Parental Leave as well as an Adoption Assistance Program
Competitive 401k savings plan with company match and an additional contribution regardless of participation
EEO Statement:
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.
Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead
our policyholders count on us to be there when it matters most. Its a big ask, but its one that we have the power to deliver when we work together. We collaborate and innovate
pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because its the right thing to do. Pacific Life is more than a job, its a career with purpose. Its a career where you have the support, balance, and resources to make a positive impact on the future
including your own.
Were actively seeking a talented Senior Actuary to join our Enterprise Capital Management team in Newport Beach, CA, Omaha, NE or Toronto, Canada.
This role follows a hybrid schedule of four days in the office (on-site). If you are not currently located near one of our offices, you will be required to relocate.
As a Senior Actuary youll move Pacific Life, and your career, forward by supporting the capital reporting, planning and analysis function of the Enterprise Capital Management team. You will be interacting with colleagues across the company in the Retail, Institutional, and our Reinsurance business segments, as well as Corporate Accounting, Risk, Finance and Treasury areas.
How youll help move us forward:
Lead quarterly capital reporting, including producing various attribution and forecast analytics for regulatory capital for Capital Management Committee and the Board Execute capital planning component of the annual strategic plan, including capital allocation, organic capital budget development, solvency ratio and excess capital projection and associated analytics Enhance regulatory capital forecasting and scenario analysis capabilities, incorporating drivers such as market movements, new business, hedging, and reinsurance Support capital workstream of the multi-year enterprise wide Finance Transformation project to enhance capital reporting, forecasting, planning and what-if capabilities Collaborate on cross-functional projects and provide insights to senior leadership
The experience you bring:
Bachelors degree in actuarial science, finance, mathematics, or a related field FSA designation required with 8+ years of actuarial experience preferable Strong analytical and problem-solving skills with attention to detail and intellectual rigor Effective communicator with the ability to build relationships and collaborate across teams Hands-on experience in capital planning, reporting, and analysis within a life insurance context Familiarity with US Statutory & Bermuda capital frameworks
and management reporting
You can be who you are.
People come first here. Were committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. Whats life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.
Benefits start Day 1.
Your wellbeing is important. Were committed to providing flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, weve got you covered.
Prioritization of your health and well-being including Medical, Dental, Vision, and a Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents Generous paid time off options including Paid Time Off, Holiday Schedules, and Financial Planning Time Off Paid Parental Leave as well as an Adoption Assistance Program Competitive 401k savings plan with company match and an additional contribution regardless of participation.
Base Pay Range:
The base pay range noted represents the companys good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.
$163,620.00 - $199,980.00 Your Benefits Start Day 1
Your wellbeing is important to Pacific Life, and were 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, weve got you covered.
Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
Paid Parental Leave as well as an Adoption Assistance Program
Competitive 401k savings plan with company match and an additional contribution regardless of participation
EEO Statement:
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.