Director & Actuary - CMD Experience Studies

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 Director & Actuary to join our Life & Annuities Experience Studies team in Newport Beach, CA or Omaha, NE. This role can be on-site or hybrid.

As a Director & Actuary, you'll play a key role in Pacific Life's growth and long-term success by leading a team of actuaries and data scientists as well as enhancing our predictive analytics capabilities throughout the product life cycle. You will be directly managing a small number of individuals on the Annuity Policyholder Behavior Experience Studies team within the Consumer Market Division (CMD) Product Development department.

How you will make an impact:

• Lead the development and execution of annuity policyholder behavior experience studies, incorporating predictive analytics, AI, and machine learning.

• Build strong relationships with key areas (Modeling, Valuation, Risk, MRM etc.) to set assumptions that can be successfully implemented.

• Oversee assumption governance process and understand downstream impacts to Pricing, Valuation, Reinsurance, ALM, etc. Engage downstream users throughout testing and implementation phases to ensure consistency across model applications.

• Coordinate internal and external audits along with LDTI reporting deliverables.

• Run Assumption Working Group meetings, aligning stakeholders on updates and coordinating with cross-functional teams. Explain complex concepts clearly and effectively to senior leaders in order to secure approval.

• Direct the creation of dashboards at the right granularity to report key insights and emerging trends. Implement process improvements, automation, and efficiencies where applicable.

• Work with external consultants to validate assumptions and benchmark against competitors.

• Provide leadership and effective coaching to develop a team of actuaries.

• Foster collaboration and effectively communicate project updates and risks.

The experience you will bring:

• FSA designation.

• Excellent written/verbal communication and 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.

• Experience in mentoring and developing team members.

What will make you stand out:

• Bachelor's degree in Actuarial Science, Mathematics, Computer Science, Data Science, or related fields.

• Proven experience in managing annuity experience studies and developing predictive models.

• Ability to prioritize projects and balance multiple timelines effectively.

• Familiarity with regulatory requirements and assumption audits.

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

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 at www.pacificlife.com. What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

#LI-MT1

#LI-Hybrid

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.

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.