Full-Time

Actuary Prophet Developer

Updated on 2/1/2025

Pacific Life

Pacific Life

1,001-5,000 employees

Fintech
Financial Services

Compensation Overview

$160.7k - $237.1kAnnually

+ Incentive Pay

Senior, Expert

Newport Beach, CA, USA + 1 more

More locations: Omaha, NE, USA

Category
Insurance
Finance & Banking

You match the following Pacific Life's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s degree in Actuarial Science, Computer Science, Engineering, or a related field.
  • FSA or ASA designation is required.
  • Extensive experience in Prophet model development.
  • Proven experience in collaborating with IT, transformation teams, and other cross-functional stakeholders.
  • Strong understanding of actuarial modeling, financial reporting, and regulatory requirements.
  • Proficiency in Prophet and related actuarial software, as well as familiarity with cloud-based technologies and modern development tools.
  • Detail-oriented mindset with a focus on quality assurance.
  • Excellent problem-solving skills, with the ability to think strategically and innovate.
  • Effective communication skills, with the ability to explain technical concepts to coders, actuarial, and non-technical audiences.
Responsibilities
  • Lead and perform model development for immediate and deferred annuity, variable annuity, life, institutional, and workforce benefit products.
  • Perform model development and testing/debugging of Prophet models, peer review changes made by other team members, and act as an internal Prophet expert for your colleagues.
  • Proactively evaluate and recommend modeling strategies and potential approaches to find solutions that best address business needs.
  • Lead model development initiatives that improve and expand existing models.
  • Partner with IT and functional areas to develop simple, effective, and innovative solutions to simplify modeling processes.
  • Provide training to model users to ease the learning curve and further develop training materials, tools, and templates based on the model risk management policy and standards.
  • Provide guidance and expertise to junior staff on methodology, model implementation, and testing/debugging to support modeling initiatives.
  • Support and comply with all Model Risk Management initiatives, documentation, and standards.
Desired Qualifications
  • Strong background in model architecture and design.
  • Demonstrated interest in production model architecture and automation.
  • Excellent communication and leadership skills, with the ability to mentor and guide teams.
  • Experience working with Azure DevOps, JIRA, Azure pipelines, Git, Snowflake, and AWS.
  • Familiarity with Python, R, MATLAB, Tableau, SQL, Essbase, Neural Net models, and cloud computing.
  • Modeling experience with Life (Term, UL, VUL, IUL, etc.), Annuity (VA, RILA, FA, FIA, etc.), Institutional (PRT, HSA, FAB, DCLI), and Workforce Benefits (Vision, Dental, Group Life, etc.) products.
  • Knowledge of predictive analytics.

Company Stage

N/A

Total Funding

$189.4M

Headquarters

Newport Beach, California

Founded

1868

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with T. Rowe Price introduces innovative lifetime income solutions to the market.
  • Enhanced annuity features address diverse retirement income needs with flexible growth and protection options.
  • Integration with Selerix elevates digital customer experience, aligning with tech-forward industry trends.

What critics are saying

  • Increased competition in annuities may pressure Pacific Life's market share and profitability.
  • Integration with Selerix could expose Pacific Life to potential data privacy and security risks.
  • High equity exposure in annuities may increase vulnerability to market volatility.

What makes Pacific Life unique

  • Pacific Life offers enhanced annuity features with high equity exposure for growth potential.
  • Integration with Selerix provides real-time updates, improving benefits administration accuracy and efficiency.
  • Recognized as a Civic 50 honoree, Pacific Life emphasizes community-minded initiatives and corporate citizenship.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Paid Vacation

Paid Parental Leave

Adoption Assistance

401(k) Retirement Plan

401(k) Company Match