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Pacific Life

Actuary & Director - Economic Value

Pacific Life, Newport Beach, California, us, 92659

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Job Overview 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. It's a big ask, but it's 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 it's the right thing to do. Pacific Life is more than a job, it's a career with purpose. It's a career where you have the support, balance, and resources to make a positive impact on the future - including your own.

We're actively seeking a talented

Actuary & Director - Economic Value

to join our Enterprise Valuation Aggregation & Optimization team in Newport Beach, CA, Omaha, NE, or Charlotte, NC. This is an individual contributor role that 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.

Key Responsibilities

Drive the implementation of the economic framework across valuation, including future state design, development of implementation standards, and operationalization of the framework for quarterly reporting

Collaborate with actuarial teams and users of actuarial outputs to define business needs and future state reporting vision within the business

Bring consistency to our approach to reporting across the enterprise, providing guidance, templates and structure to meet the enterprise reporting needs

Develop standards, practices, and guidance around actuarial reporting, including how teams apply thresholds, analytics

Develop analysis to explain impacts and movements across our economic reporting basis, communicate results and analysis to key stakeholders

Serve as the SME for actuarial transformation related to EV/EC, working with various internal and external teams, including actuarial modelling, data, IT, and finance business partners to transform the economic reporting process to improve accuracy, trust, and timeline

Communicate results and analysis with clarity and appropriate for intended audience.

Conduct ad‑hoc analysis and support requests or projects within the aggregation & optimization team as needed.

Required Experience

FSA designation

Bachelor's degree in actuarial science, finance, mathematics, or related field

8+ years of relevant experience within the life insurance sector

Experience with a range of reporting bases and product types including various ways to analyze business performance and metrics

Strong quantitative, analytical, and problem‑solving skills with innate curiosity and attention to details

Effective verbal and written communication

Ability to work in a fast‑paced, dynamic environment with high degrees of ambiguity

Demonstrable track record of working effectively with others and leading them

Preferred Experience

Direct or indirect people leadership; coaching, mentoring, guiding, influencing, etc.

Experience with Economic Reporting

Experience with Snowflake or similar software

Experience with Prophet or other actuarial modeling software

Compensation

Newport Beach, CA: $198,810 - $242,990

Omaha, NE: $171,720 - $209,880

Charlotte, NC: $180,720 - $220,880

Benefits

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 401(k) savings plan with company match and an additional contribution regardless of participation

People come first here. We're 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. What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

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.

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