Senior Actuary overseeing annuity rate-setting activities at Pacific Life. Collaborating with multiple teams to balance business outcomes and financial discipline while maintaining robust controls.
Responsibilities
Execute and oversee recurring annuity rate‑setting activities with accuracy, discipline, and strong controls
Analyze movements in returns and profitability, clearly explaining key drivers and implications
Support asset, duration, and yield alignment in partnership with Investments and Risk
Apply strong reasonability checks and professional judgment to validate results
Partner with Sales to ensure rate actions align with sales goals through a clear rate management strategy
Frame rate recommendations around tradeoffs between competitiveness, profitability, and risk
Translate actuarial results into clear implications for sales outcomes and market positioning
Investigate moderately complex issues and develop pragmatic, well‑reasoned recommendations
Explain downstream financial and business impacts of rate and assumption changes
Present clear, decision‑ready insights to leadership to support rate actions
Provide peer review and technical guidance to support consistent, high‑quality actuarial output
Own components of the rate‑setting process, not just individual tasks
Identify and implement process, methodology, and automation improvements
Maintain strong documentation and control discipline around rate‑setting decisions
Communicate clearly with both technical and non‑technical stakeholders and proactively manage expectations
Requirements
FSA required (Fellow of the Society of Actuaries)
6+ years of actuarial experience, with a strong preference for annuities, pricing, rate management, or related areas
Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative field
Ability to work independently with data using SQL and modern analytics or BI tools (e.g., Python, Tableau, or Power BI) as part of day‑to‑day decision‑making
Demonstrated ability to apply sound judgment in ambiguous or imperfect situations
Clear, concise communicator able to explain “what changed, why, and what it means”
Ownership mindset with accountability for outcomes
Benefits
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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