Actuarial Analyst Ii

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 I to join our Annuity Hedging team in Newport Beach. This role can be on-site or hybrid if based in Southern California.

As a hedging actuary, you'll play a key role in Pacific Life's growth and long-term success by developing, executing, and reporting on the hedge program, and supporting hedging strategy analysis.

How you'll make an impact:

• Assist in the development, implementation, and operation of VA hedging programs
• Perform day-to-day operations and analysis of the VA hedging program in an efficient, timely and error-free manner
• Assist in new hedging strategy development and refinements to existing practices to strengthen mitigation of financial risks associated with the business
• Proactively identify issues/areas of improvement to facilitate better model efficiency and governance with an emphasis on innovation
• Collaborate with Valuation, Finance, Projection and Product teams to support relevant hedging activity
• Assess and improve development, use and documentation of financial models and modeling practices relative to company-wide Model Risk Management policies and standards
• Maintain active status in the Actuarial Student Program

The experience you will bring:

• Bachelor's degree in actuarial science, finance, mathematics or related field or equivalent work experience
• 2+ years of related work experience with at least 3 SOA exams passed toward the ASA designation
• Strong analytic and problem-solving skills
• Effective organization, communication, and interpersonal skills
• Ability to multi-task and detail oriented
• Ability to work independently and collaboratively as part of a team

What will make you stand out:

• Proficient knowledge of Python or another programming language
• Prior experience with VA or FIA hedging
• Experience using Prophet or another actuarial modeling software

Tech & Tools You'll Use:

• SQL, Snowflake, Python, Tableau, Prophet, Microsoft Office

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

#LI-TM1

Base Pay Range:

The base pay range noted provides a basis to determine the appropriate offer dependent upon several factors including but not limited to geographic location, experience, skills, education and pay equity. Also, most employees are eligible for additional incentive pay.

$83,000.00 - $103,800.00 - $135,000.00

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.