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Actuary - Pension Risk Transfer Projects Team

Company: Pacific Life Insurance Company
Location: Newport Beach
Posted on: January 14, 2021

Job Description:

Job Description:Actuary - Pension Risk Transfer Projects TeamPacific Life is looking to invest in bright, agile new talent to ensure we continue to innovate and strengthen relationships with our policyholders. It---s in this spirit that we are currently looking to add a credentialed actuary to join our Institutional Products Division. As an actuary on the Institutional Division Pricing Projects team, you will play a key role in Pacific Life---s growth and long-term success. You will be enhancing and automating pricing processes, evaluating new methods and tools in the market, managing and maintaining pricing models, and developing new products to serve this rapidly growing market. This role is a great opportunity to acquire advanced programming and database skills in the cloud environment, project management, and build on your overall actuarial skillset. We aim to help our actuaries build on the skillsets that excite them. For actuaries looking to focus their work in modeling, data science, or fintech, this opportunity offers a wide range of technical skills to help propel you to the next stage in your career. By joining this team, you will have the opportunity to become a technical expert and help implement effective technological solutions to many business problems.Here, we believe you should be given the time, space, and trust to do your best work --- your way. As part of our transition toward a more digitally oriented, inclusive and employee-focused company, we---re opening this role to candidates near Newport Beach, CA as well as those looking to work 100% remote.While our team aims to hire at the Assistant Actuary level, candidates who meet most but not all requirements are encouraged to apply. Actual job title will be based on experience and skillset.How You---ll ContributeConduct the feasibility analysis, design, and pricing of new productsCoordinate with all stakeholders, including marketing/sales, investment management, valuation, risk management, legal, and operations, to balance the competitiveness, profitability, and risk score of new and existing productsAs the pricing liaison, support other areas through full product implementationImplement assumption and methodology changes to pricing models, complying with all model risk management standards, especially documentation and testing requirementsFactors for SuccessInterest in and desire to advance technology knowledge: programming, data and software engineering.Bachelor---s in actuarial science, finance, mathematics or related field or equivalent work experienceASA (or close to ASA) with 4 - 6 years of actuarial experience, preferably in pricing with exposure to pensions, annuities, or life products. Ability to see a project from start to finish Ability to work independently and collaboratively as part of a team, and to manage long-term projectsStrong organizational, communication, and interpersonal skillsExperience preparing presentations seeking management approvalExcellent analytical, problem-solving, and decision-making skillsExperienced with programming languages and/or databasesExperience with actuarial modeling software Prophet is a plusAt Pacific Life, the work we do matters. That---s why you---ll find those who work passionately each day to drive our company forward enjoy job security, flexible scheduling and great opportunities for career growth. If you---re seeking a thriving career doing the type of meaningful work that---s all too rare at a Fortune 300 Company, you---re the perfect cultural fit for our team.How We Help You Succeed:We---re fostering a culture of shared values across our company by providing generous compensation and comprehensive benefits that allow our employees to find fulfillment and security in personal life and career alike. These include: Competitive Salary and BenefitsWork-Life Balance & Flexible SchedulingMedical, dental, and vision as part our commitment to investing in the health and wellbeing of our employeesTwo retirement savings plans: 401k savings plan with company match and Company Retirement Contribution (company-paid)Generous PTO and holiday payWarm Colleagues & Inspiring CultureEEO 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.Job InfoType: Full timeLocation: Newport Beach CA-840, Remote

Keywords: Pacific Life Insurance Company, Newport Beach , Actuary - Pension Risk Transfer Projects Team, Accounting, Auditing , Newport Beach, California

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