Job Description:

Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We're actively seeking a talented Actuarial Analyst to join our VA Risk Management team in Newport Beach, CA. This role can be on-site or work in a hybrid setting from either the Newport Beach or Omaha location.

As an Actuarial Analyst, you'll play a key role in Pacific Life's growth and long-term success by supporting the variable annuity risk management economic projections and by helping build the variable annuity framework towards a desired future state. You will fill a new role that sits on a team of eleven people in the Retirement Solutions Division. Your colleagues will include risk management actuaries of various levels and designations.

How you will make an impact:

• Support various assigned VA risk management responsibilities, including assessment of potential risk mitigation approaches, quantitative/financial modeling and/or analysis, and financial projections.


• Support quarterly Embedded Value (EV) and Economic Capital (EC) responsibilities, including modeling, creation of reports, analysis and explanation of results.


• Support VA framework build for the future state including the conversion to modeling in Prophet, data warehouse in Snowflake, framework changes with Long Duration Targeted Improvements (LDTI), and capital dashboard build utilizing Tableau


• Participate in complex cross-functional projects and initiatives in a dynamic business environment. Effectively communicate complex financial concepts to colleagues and management.


• Assist with the development, maintenance, and documentation of financial models and modeling processes in support of the Division's evolving VA risk management needs. Identify areas of potential improvements and recommend/implement solutions with emphasis on innovation, efficiency, and governance.


• Cross training within the team members for seamless transition.


• Assist with miscellaneous projects as assigned.

The experience you will bring:

• Bachelor's degree in Mathematics, Economics, Finance, Actuarial Science, Statistics, or related degree


• May have completed one or more SOA exams towards the ASA designation


• Experience with Microsoft Office Suite, specifically Excel


• Excellent communication both written and verbal

What will make you stand out:

• Working experience in an actuarial capacity, including internships, a plus


• Experience with actuarial modeling software such as MoSes, Prophet or MG-ALFA preferred


• Coding experience with R, Python, etc. helpful


• Experience with programs such as Snowflake and/or Tableau a plus

More reasons to join:
At Pacific Life, the work we do matters. We work passionately each day to drive our company forward while enjoying 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 500 Company, Pacific Life is the place for you. If you are a self-starter who appreciates creativity and individuality in your colleagues - even better. We look forward to receiving your application.

You belong at Pacific Life
At Pacific Life we believe you belong. We foster a culture of belonging, a space where all employees are empowered to be authentic. We embrace and celebrate diversity, create a culture of equity and inclusion, and value and respect every employee.

Our workplace:
In 2020, we demonstrated agility and swiftly shifted to a working-from-home environment with little to no disruption. Going forward, we will move toward a hybrid, digital-first workplace that encompasses flexible work policies, inclusive space design, and innovative technology solutions. At Pacific Life, we are pioneering a trail and challenging the status quo to build the next normal.

Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife.

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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 Benefits




• Work-Life Balance & Flexible Scheduling




• Medical, dental, and vision as part our commitment to investing in the health and wellbeing of our employees




• Two retirement savings plans: 401k savings plan with company match and Company Retirement Contribution (company-paid)




• Generous PTO and holiday pay




• Warm Colleagues & Inspiring Culture

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.