Senior Actuary managing Fixed Annuity Valuation for Pacific Life. Leading valuation initiatives and collaborating with internal stakeholders in a hybrid work environment.
Responsibilities
Review quarterly and annual reserves and financial entries for Fixed Annuity products
Lead validation of modeling enhancements and modifications, ensuring proper controls and processes aligned with MRM and ICFR guidance
Direct the development of analytical tools to explain modeled results and drivers of movement
Support quantitative analysis of model output and enhance reporting capabilities
Lead implementation of regulatory changes
Oversee assumption impact analysis and sign off the assumptions for Fixed products
Provide support for Fixed reserve audit requests (e.g., Department of Insurance), and interface with auditors, state regulators, and examiners
Support new product development and implementation
Communicate and present financial results to management with clarity and appropriate depth; develop and recommend strategies to address issues and improve performance
Collaborate with colleagues across departments and divisions; build strong relationships and provide actuarial expertise to internal stakeholders and corporate management
Lead and develop a team of actuarial professionals by providing guidance, oversight, and mentorship
Perform ad-hoc analysis and contribute to special projects as needed
Requirements
Bachelor's degree in Mathematics, Economics, Finance, Actuarial Science, Statistics, or related degree
Fellow of the Society of Actuaries (FSA) with 7+ years of experience
Demonstrated initiative and ownership of responsibilities
Strong problem-solving and communication skills
Proficient in actuarial modeling software; experience with Poly Systems and Prophet is a plus
Benefits
Health insurance
401k savings plan with company match and an additional contribution regardless of participation
Paid time off including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
Paid Parental Leave as well as an Adoption Assistance Program
Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
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