Associate Actuary - Rotation Program

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 talented Actuarial professionals for our internal rotation program at Pacific Life in Newport Beach, CA, Charlotte, NC, or Omaha, NE. This opportunity follows a hybrid schedule of 4 days in the office (on-site). If you are not currently located near one of our offices, you will be required to relocate. We offer comprehensive relocation assistance.

As an Associate Actuary with an ASA credential, you will automatically be enrolled in our Student Actuarial Rotation Program. The purpose of the Program is to develop and broaden the skills, knowledge, and breadth of experience of actuaries across Pacific Life. ASA actuary students typically rotate every 2 years to provide exposure to multiple functional areas, products, and technologies.

The Actuarial Student Program provides competitive benefits designed to encourage and assist with progress toward the Fellowship designation including paid study time, expense reimbursement for registration fees and study materials, along with special bonuses and raises associated with passing exams and modules.

How you will make an impact:  

• Actively pursue the FSA credential by participating in the Student Actuarial Rotation Program 

• Perform analyses to assess and manage risk associated with insurance and other financial products & instruments 

• Analyze and provide counsel to business leaders regarding the economic and financial costs of risk and uncertainty for the business  

• Use knowledge of advanced statistical analysis, predictive modeling analytics, financial accounting, and/or actuarial research to develop, test, and validate models used in business decisions.  

• Monitor and analyze laws and regulation developments applicable to functional area operations 

• Consider internal and external statistical trends, factors, issues, and data impacting results as well as the company’s business goals and strategies in analyses, recommendations, and/or decisions.  

The experience you bring (required):

• Bachelor’s degree in Actuarial or a related field

• ASA designation in pursuit of FSA

• 4+ years of actuarial experience

• Applies advanced actuarial concepts and analytical techniques to design, build, and interpret complex models for life insurance products, providing insights that influence business decisions and improve financial outcomes.

What makes you stand out:

• 4+ years of direct actuarial experience

• Gameplan to obtain the FSA designation

• Demonstrated technical depth by explaining trends and downstream impacts, taking ownership of processes (not just tasks), and applying in-depth knowledge in actuarial topics.

• Specific examples of decision-making through sound analysis, reasonability checks, and clear articulation of how work impacts overall financial and business outcomes.

• Intentional communication with diverse stakeholders, tailoring messaging for different audiences and representing team interests while building cross-functional relationships.

• Proactive processes improvements by-way-of identifying automation opportunities, recommending workflow enhancements, and challenging the status quo to optimize outcomes.

• Experienced strategic agility by adapting quickly to changing priorities, foreseeing future problems, and designing solutions that align with team and enterprise goals.

Base salary ranges (location specific):

• Newport Beach, CA: $124, 830 - $152, 570

• Charlotte, NC: $113, 490 - $138, 710

• Omaha, NE: $107, 820 - $131, 780

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.

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.