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Senior Actuary - Institutional FP&Aand Business Insights

Pacific Life
life insurance, parental leave, paid time off, 401(k)
United States, California, Newport Beach
700 Newport Center Drive (Show on map)
Apr 29, 2025

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 Senior Actuary, Financial Planning and Analysis to join our Institutional Division team in Newport Beach, CA or Omaha, NE.

  • This role can be on-site or hybrid, where we believe in empowering our employees to get work done both in and out of the office.

As a Senior Actuary, you will play a key role in Pacific Life's growth and long-term success by driving insights to support business decisions driven by financial analysis of Plan and Actual. You will join a team of 5 on the Institutional FP&A and Business Insights team and will partner closely with divisional stakeholders and enterprise teams.

How you'll help move us forward:

  • Update and execute Plan modeling for Institutional Products across various economic and business scenarios.

  • Analyze results and key metrics for accuracy and reasonableness, anddig into models, data, and assumptions to discover fixes or explanations for unreasonable results.

  • Identify efficiencies and modernization opportunities in existing processes and lead implementation efforts.

  • Support the creation of financial reports and presentations for senior management and stakeholders. Drive storytelling of the materials and ensure communication is appropriate for the target audience.

  • Partner and communicate effectively with internal team, business stakeholders, and enterprise teams.

  • Provide timely and accurate analysis of Plan vs Actual results supporting quarterly reporting, planning and forecasting.

  • Develop a strong understanding of Institutional product suite, including new product development, to identify income drivers and product risks.

  • Prepare ad hoc financial analysis and reports to support management and stakeholder decision making.

The experience you bring:

  • FSA designation in the Society of Actuaries.

  • 6+ years of actuarial experience.

  • Bachelor's degree in Actuarial Science, Finance, Mathematics, Computer Science, or a related field.

  • Ability to work in a fast-paced, dynamic environment with high degrees of ambiguity and change.

  • Advanced experience in Excel with VBA coding proficiency.

  • Strong technical skills in a variety of actuarial platforms and/or the ability to quickly learn new technology platforms.

  • Ability to work independently and collaboratively as part of a team as well as manage long-term projects.

  • Detail-oriented with excellent organizational, communication, and interpersonal skills.

  • Excellent analytical, problem-solving, and decision-making abilities.

What makes you stand out:

  • Strong team player with a growth mindset, focused on continuous improvement, sustainability, scalability, and empowering others to grow and succeed collectively.

  • Experience in analytical, reporting, and modeling tools, including Hyperion Planning (EPBCS), OAC, Essbase/Smart View, Power BI, and Wdesk.

  • Strong understanding of financial statements, financial planning, and analysis concepts.

  • Experience working with large data sets (e.g., Alteryx, Snowflake) and data visualization software (e.g. Tableau).

  • Prior experience with Annuity products (VA, RILA, FA, FIA, etc..) or Institutional products (Stable Value, PRT, HSA, FABN, DCLI).

  • Experienced in multiple programming software (Python, Visual Basic).

  • Solid experience with actuarial modeling software (Prophet, MoSes, Alfa).

You can be who you are.
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 atwww.pacificlife.com. What's life like at Pacific Life? VisitInstagram.com/lifeatpacificlife.

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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.

$163,620.00 - $199,980.00

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

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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