Full-Time

Director & Actuary

Life GAAP Valuation

Confirmed live in the last 24 hours

Pacific Life

Pacific Life

1,001-5,000 employees

Compensation Overview

$198.8k - $243k/yr

+ Incentive Pay

Senior, Expert

Toronto, ON, Canada + 2 more

More locations: Newport Beach, CA, USA | Omaha, NE, USA

This role is hybrid, requiring some in-office presence.

Category
Insurance
Finance & Banking
Required Skills
Financial analysis
Requirements
  • Bachelor's degree in Actuarial Science, Mathematics, or a related field.
  • FSA designation.
  • 8+ years of actuarial experience, with at least 3 years post-FSA designation.
  • Experience mentoring and developing team members.
Responsibilities
  • Lead and develop a staff of actuaries and business analysts professionals by providing insights, guidance, and oversight through setting and communicating clear objectives and expectations, providing stretch assignments based on employees' skills & levels, and providing knowledge transfer, coaching and support.
  • Direct and oversee the completion of quarter-end Life GAAP valuation process.
  • Lead development of analysis to explain Life GAAP financial results.
  • Ensure appropriate valuation controls.
  • Engage key stakeholders at appropriate level of involvement to drive decision-making in a timely manner.
  • Implement process improvements, automation, and efficiencies.
  • Foster collaboration, manage expectations and workloads, and communicate project updates, milestones, and risks.
  • Communicate effectively with various stakeholders, from interns to senior management, in language appropriate for the audience.
Desired Qualifications
  • Passion to be the best team.
  • Prior experience in life insurance, valuation and/or modeling.
  • Familiarity with LDTI.
  • Prophet experience.
  • Strong organizational, time management, and leadership skills.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

$189.4M

Headquarters

Newport Beach, California

Founded

1868

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for sustainable investments aligns with Pacific Life's ethical reputation.
  • Digital insurance platforms can enhance Pacific Life's customer experience and efficiency.
  • Expansion of gig economy offers opportunities for Pacific Life's flexible insurance products.

What critics are saying

  • Competitors' IUL products threaten Pacific Life's market share in life insurance.
  • Jim Morris' board role at Lincoln National may impact Pacific Life's strategic positioning.
  • New financial products may increase regulatory scrutiny for Pacific Life.

What makes Pacific Life unique

  • Pacific Life is recognized for its strong ethical standards globally.
  • The company is a leader in community engagement and corporate citizenship.
  • Pacific Life has a robust partnership with T. Rowe Price for innovative financial solutions.

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Benefits

Health Insurance

Paid Vacation

Paid Parental Leave

Adoption Assistance

401(k) Retirement Plan

401(k) Company Match

Company News

Business Wire
Mar 11th, 2025
Pacific Life Named One of World's Most Ethical Companies for Eighth Consecutive Year

Pacific Life named one of World's Most Ethical Companies for eighth consecutive year.

Stock Titan
Mar 4th, 2025
Lincoln National Corporation Elects Jim Morris to Serve on the Board of Directors

Mr. Morris retired as Chairman, President and CEO of Pacific Life Insurance Company in April 2022, having served in that role since 2007.

Fastrack
Feb 28th, 2025
Indexed Universal Life Insurance - A Growing Trend

For instance, in February 2025, Securian Financial launched an enhanced version of its flagship IUL product, Eclipse Accumulator II IUL, introducing new indexed accounts to bolster growth potential.

Reinsurance News
Feb 17th, 2025
Pacific Life promotes Neeley and Thompson

US life insurer Pacific Life has announced the promotion of Karen Neeley to Senior Vice President (SVP) of the Institutional Retirement Solutions Group and Patricia Thompson to SVP and Chief Compliance and Ethics Officer.

Business Wire
Jan 30th, 2025
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Influence Media Partners (“Influence Media” or “Influence”) — a leading music and entertainment company focused on partnering with and investing in to