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Associate Actuary
Pacific Life
Aliso Viejo, CA, United States
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Job Description
POSITION SUMMARY:
In this role, you will develop innovative life insurance products. The main responsibilities include:
•Design, price, and implement life insurance products balancing profitability, marketability and risk.
•Develop assumptions appropriate for the marketplace.
•Monitor industry trends including future of transactional underwriting and predictive analytics.
•Review emerging experience and adjust assumptions and pricing as necessary.
•Work closely with Product Marketing and provide technical support to the IT, Reinsurance, Finance, Underwriting and Compliance areas.
FACTORS FOR SUCCESS:
•FSA designation in the Society of Actuaries
•5+ Years in the insurance industry with at least 4+ years in Life Insurance product design, pricing and implementation.
•Experience with IUL, VUL and UL pricing
•Good understanding of the regulations and actuarial guidelines applicable to life insurance products.
•Strong communication and influencing skills.
•Ability to handle multiple projects and meet tight deadlines.
•Proficient in actuarial pricing software, ideally ALFA.
About Pacific Life
Celebrating 150 years of service in 2018, Pacific Life offers life insurance, annuities, and mutual funds, along with a variety of investment products and services, all of which provide The Power to Help You Succeed. We firmly believe each employee plays a part in our continued growth and success, and we pride ourselves in providing a work environment that is challenging, inclusive, collaborative, and results-oriented. With a powerful past and a strong future, Pacific Life offers an environment where you’re empowered to achieve your personal best. In return, we look to your passion and insight to help us grow. For additional company information, including current financial strength ratings, visit www.PacificLife.com. To explore the heritage of Pacific Life and learn more about our history, visit www.pl150years.com.
Location(s)CA-Aliso Viejo
Full Time / Part Time
full time
Benefits
Join the Pacific Life team and watch your career grow! We offer a competitive compensation and benefits package that includes: • Competitive salary and bonus program • Medical, dental, and vision as part our commitment in investing in the health and wellbeing of our employees • Two retirement savings plans: 401k savings plan with company match and Company Retirement Contribution (company-paid) • Generous vacation time and holiday pay • And much more!
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.