Balance product profit, risk, and market competitiveness; help develop and test creative solutions to challenges encountered in product design, pricing, and implementation processes
Design and price products following existing profit and risk management guidelines and procedures
Oversee and run pricing models covering all major product types: Variable annuities, Fixed-Indexed annuities, Index-Linked Variable annuities, and Fixed annuities
Support pricing and analysis to support profitable growth across portfolio of actively sold retail annuity products
Reflect on and incorporate industry, regulatory, and market trends into the product development cycle
Synthesize and integrate data and analysis into a cohesive story that drives insights and supports business decisions and execution of our product strategy
Collaborate with other stakeholders (e.g., product strategy, product innovation, sales & distribution, finance & risk, investment) to develop solutions to better support our growing product development needs
Embody a mindset of continuous improvement to identify enhancements of tools and processes that can further facilitate and streamline pricing analysis
Requirements
FSA designation
Bachelor’s Degree in Actuarial Science, Mathematics, or similar field.
At least 8 years of actuarial experience, preferably with several years of working with actuarial projections supporting pricing and/or risk management
Excellent written and verbal communication, as well as leadership skills.
Ability to present complex information in a clear and concise manner to various audiences, including senior management
Strong organizational, time management, and interpersonal skills
Ability to work collaboratively as part of a team
Benefits
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.
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
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