Headquartered in Newport Beach, California, Pacific Life provides life insurance, annuities, mutual funds, and other products to protect families and individual
Senior Actuary - Life Pricing
Location
California + 2 moreAll locations: California | Nebraska | North Carolina
Posted
4 days ago
Salary
$167.7K - $204.9K / year
Seniority
Senior
Job Description
Senior Actuary - Life Pricing
Pacific Life
Title: Senior Actuary (FSA) - Life Pricing Location: Newport Beach CA-700 Omaha NE-6750 Charlotte-128 Full time job requisition id R17239 Job Description: Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own. We’re actively seeking a talented Senior Actuary to join our Life Insurance Pricing team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA, Omaha, NE, or Charlotte, NC. If you are not currently located near one of our offices, we offer comprehensive relocation assistance. This role is hybrid. We believe in empowering our employees to get work done both in and out of the office. As a Senior Actuary in Life Pricing you’ll move Pacific Life, and your career, forward by playing a key role in important initiatives for our life insurance business. You will work closely and collaboratively with numerous areas including Pricing and Product Development, Risk Management, Modeling and Sales within the Consumer Market Division and across the enterprise. You will fill a new role that sits on a team of 20 people in the Consumers Market division. Your colleagues will include actuaries and analysts who have a wide range of expertise. The Life Pricing team works in a fast paced and evolving market space, and we value professional judgment, nimble learning, and technical expertise. How you’ll help move us forward: - Lead and execute end-to-end actuarial initiatives, clearly communicating results to stakeholders and senior leadership. - Drive pricing strategy through market research, assumption setting, and collaboration with ALM, investment, and reinsurance teams. - Own and maintain pricing models, ensuring documentation and alignment with regulatory and risk management developments. - Provide expert-level analysis and insights, including high-level summaries and real-time metrics for leadership. - Identify and solve complex, ambiguous problems using sound judgment and first-principles thinking. - Mentor junior staff, provide technical guidance, and foster a positive, inclusive team culture. - Monitor industry trends and propose strategic responses, including policy changes and innovation opportunities. - Explore and apply emerging technologies to enhance product development and competitive positioning. The experience you bring: - Bachelor’s degree in Actuarial Science, Mathematics, Computer Science, Data Science, or other related fields - FSA designation required - Ability to work independently and collaboratively as part of a team, and to manage long-term projects. - Strong technical skills in actuarial modeling software and/or the ability to quickly learn new technology platforms - Detail-oriented with excellent organizational and interpersonal skills - Excellent analytical, problem-solving, and decision-making skills - Ability to understand the big picture and mobilize initiatives in ambiguous situations - Proficiency in Microsoft Excel What makes you stand out: - 6+ years’ actuarial experience - Experience with life insurance products and features - Experience with actuarial modeling software (Prophet, GGY Axis, MG-ALFA, etc.) - Knowledge of relevant regulation, including Illustration Model Regulation, Actuarial Guideline 49 (AG 49), and Standard Nonforfeiture Law - Ability to drive discussion with senior leadership - Experienced in the development of life insurance products and a self-starter with a strong technical background Base Salary Ranges per Location: - Charlotte, NC: $152,370 - $186,230 - Newport Beach, CA: $167,670 - $204,930 - Omaha, NE: $144,810 - $176,990 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. $167,670.00 - $204,930.00 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 You Can Be Who You Are We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife 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.
Related Guides
Related Categories
Related Job Pages
More Actuary Jobs
• Recommend Experience studies as well as other structural, value or methodology changes related to assumptions for the retail block to the Assumptions Committee • Enhance departmental processes and analytical capabilities including the deployment of new analysis techniques where appropriate • Maintain knowledge of emerging industry experience for product features and benefits pertinent to F&G inforce blocks and integrate industry experience into assumption review process where F&G experience is less credible. • Participate in and utilize third party services and surveys to augment understanding of emerging experience and expectations of future experience, especially where F&G experience is not credible and future experience has high impact on emergence of profits. • Responsible for the development of management reports on the inforce blocks of business. • Collaborate with actuaries and non-actuaries on investigations and conclusions regarding the inforce blocks. • Identify, propose, and pursue opportunities to improve the financial or risk position of the inforce blocks outside of the scope of renewal rate setting or repricing. • Guide direct reports through iterative report development and quantitative or qualitative investigations. • Develop and nurture team engagement, development, and growth. • Support a risk aware culture within the team. • Develop enhancements to create repeatable and scalable processes.
Actuary Pricing
Zurich Insurance Company Ltd.Zurich Duo, a spin-off of Zurich Group operating independently in Barcelona, combines entrepreneurial agility with the resources and stability of a global leader. We deliver creative, strategic, and experience-led services for internal stakeholders. At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking "What can go right?"
Role Description Tu objetivo será gestión de pricing y portafolio, incluyendo análisis de mercado, monitoreo de rentabilidad, soporte a cotizaciones estratégicas y desarrollo de herramientas de seguimiento. - Análisis mensual del benchmark y definición de precio de los diferentes segmentos del portafolio motor. - Actualización y mantenimiento de los liquidadores de los diferentes segmentos. - Portfolio management: - Análisis de siniestralidad YTD. - Forecast LR FY. - Análisis de cosechas UW. - Desarrollo de siniestros y de renovaciones para todos los segmentos del portafolio. - Cotización de negocios masivos y flotas con primas superiores a USD 1M. - Power BI: Actualización tableros de seguimiento de cifras. Qualifications - Profesional en carreras relacionadas con ciencias de datos, estadística, matemáticas, ingeniería, actuaría, economía o carreras afines. - Excel Avanzado. - Análisis de Datos. - Power BI. - R, Python y SQL. Requirements - 3-4 años de experiencia general. - Experiencia en seguros: Sí. - ¿Tiene personas a cargo? No. - Idioma: Inglés. - Nivel: Medio. Benefits - Oportunidad de trabajar en una empresa que se preocupa por sus colaboradores y la comunidad. - Cultura de diversidad e inclusión. - Política de inclusión laboral que promueve la selección de personas con discapacidad.
Pricing Actuary (Motor)
WakamWakam is a B2B2C insurance company that creates insurance via its Play&Plug® platform for its distribution partners
Role Description As a Motor Pricing Actuary, you will deliver pricing and portfolio analysis work across the UK & Rest of Europe scope (excluding France). Your core objective is to secure profitability and strengthen technical portfolio management through robust pricing, performance monitoring, and actionable recommendations. You will operate with a high level of autonomy, taking ownership of projects end-to-end — from analysis and recommendation to deliverables ready for committee review and implementation. Responsibilities - End-to-End Pricing & Portfolio Projects: - New contract pricing: profitability analyses, scenario testing, and pricing recommendations tailored to partner needs and constraints. - Optimisation of existing portfolios: performance diagnostics, identification of key drivers (mix effects, claims trends, inflation, drifts), pricing action proposals, and impact monitoring over time. - Pricing tools & technical assets: maintenance and targeted improvements of datasets, models, scripts, and profitability reports, ensuring quality, consistency of definitions, and reproducibility. - Partner reviews & committees: preparation of review packs and quantified analyses to support partner discussions and internal governance. Expected Deliverables - Ready-to-use, auditable deliverables that can be used in governance settings and handed over smoothly, including: - Pricing notes and recommendations - Portfolio performance analyses and diagnostics - Committee materials (slides + appendices) - Quantified outputs (tables, scripts, queries) with light documentation enabling reuse and handover Qualifications - Proven expertise in Motor pricing, either in European markets and/or the UK - Experience in Italy and/or Spain is a strong plus - Experience with Akur8 is a strong plus - Excellent actuarial and analytical skills, with the ability to produce robust, decision-grade analyses - Ability to deliver committee-ready outputs, with structured narratives, clear assumptions, quantified impacts, and traceability - Comfort working with stakeholders across Risk, Reinsurance, and Data, and translating technical work into actionable recommendations Who You Are - Highly autonomous, with a strong sense of ownership and delivery discipline - Structured and rigorous, especially on auditability, consistency, and reproducibility - Pragmatic and impact-oriented, focused on what truly drives profitability and can be implemented effectively - Comfortable operating in a multi-stakeholder environment, and able to communicate clearly with both technical and non-technical audiences Hiring Process - Initial interview with our Talent Acquisition Partner - Interview with our Pricing Lead Motor UK & Europe - Technical Assessment (+presentation) - Chief Interview with our Chief Underwriting Officer - Motor and Mobility - Finale Interview with our People Partner Benefits - True remote work flexibility with our Wakam From Anywhere (WFA) program - Flat hierarchical system promoting direct impact and autonomy - Monthly Free.day: dedicated time for personal growth and skills development - Lunch voucher with Swile card - A meaningful company: we became a Mission-driven company in March 2021 - Work alongside passionate experts who will share their knowledge and help you develop and grow in your career
• Responsible for the development and underwriting of new product financial and programmatic cost models • Work with existing models and customers on product enhancements and modifications • Prepare analyses and various ad-hoc projects for executive management • Develop, document, and apply underwriting procedures, analytical approach, and requisite tools for new products • Review utilization, cost trends, and other assumptions used in pricing models • Evaluate cost impact of new product initiatives and assess risk associated with each • Direct, oversee, and coordinate with the Manager, Underwriting to ensure appropriate underwriting procedures are applied • Provide recommendations on product and customer rates to senior management team for approval • Analyze claims detail data from multiple in-house claims processing systems and external claims data • Interact with clients/customers and internal staff to resolve issues related to information provided
