What are the responsibilities and job description for the Director & Actuary, VA & RILA Valuation and Projection position at Pacific Life?
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. 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 Director & Actuary to join our VA & RILA Valuation and Projection team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA, Omaha, NE, or Charlotte, NC. If you are not currently located near one of our offices, we offer comprehensive relocation assistance.
As a Director & Actuary, you’ll move Pacific Life, and your career, forward by overseeing the completion of periodic GAAP and economic valuation processes and providing insights regarding financial results. You will fill a new role that directly supervises a team of four people in the Corporate division. Your team members may include actuaries and business analyst professionals.
How You’ll Help Move Us Forward
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.
Base Pay Range
The base pay range noted represents the company’s 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.
$203,760.00 - $249,040.00
Your Benefits Start Day 1
Your wellbeing is important to Pacific Life, and we’re 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, we’ve got you covered.
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
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.
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 Director & Actuary to join our VA & RILA Valuation and Projection team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA, Omaha, NE, or Charlotte, NC. If you are not currently located near one of our offices, we offer comprehensive relocation assistance.
As a Director & Actuary, you’ll move Pacific Life, and your career, forward by overseeing the completion of periodic GAAP and economic valuation processes and providing insights regarding financial results. You will fill a new role that directly supervises a team of four people in the Corporate division. Your team members may include actuaries and business analyst professionals.
How You’ll Help Move Us Forward
- Lead and develop a staff of actuaries and business analyst professionals by providing insights, guidance, and oversight through setting and communicating clear objectives and expectations, providing stretch assignments based on employees' skills & levels, and providing knowledge transfer, coaching and support
- Direct and oversee the completion of periodic GAAP and economic valuation process
- Lead development of analysis to explain GAAP and economic financial results
- Ensure appropriate valuation controls
- Engage key stakeholders at appropriate level of involvement to drive decision-making in a timely manner
- Implement process improvements, automation, and efficiencies
- Foster collaboration, manage expectations and workloads, and communicate project updates, milestones, and risks
- Communicate effectively with various stakeholders, from interns to senior management, in language appropriate for the audience
- Bachelor's degree in Actuarial Science, Mathematics, or a related field
- FSA designation
- 8 years of actuarial experience, with at least 3 years post-FSA designation
- Experience mentoring and developing team members
- Passion to be the best team
- Prior experience with variable annuities, RILA, valuation and/or modeling
- Familiarity with post-LDTI GAAP requirements
- Prophet experience
- Strong organizational, time management, and leadership skills
- Newport Beach, CA: $203,760 - $249,040
- Omaha, NE: $175,950 - $215,050
- Charlotte, NC: $185,220 - $226,380
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.
Base Pay Range
The base pay range noted represents the company’s 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.
$203,760.00 - $249,040.00
Your Benefits Start Day 1
Your wellbeing is important to Pacific Life, and we’re 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, we’ve 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
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
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.
Salary : $203,760 - $249,040