Actuary & Director - Capital Reinsurance

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 Actuary & Director to join the Capital Reinsurance and Solutions team in Newport Beach, CA or Omaha, NE. This role can be onsite or hybrid. We believe in empowering our employees to get work done both in and out of the office.

As an Actuary & Director on the Capital Reinsurance and Solutions team, you’ll play a key role in Pacific Life’s growth and long-term success by developing and implementing capital solutions to support the company's financial objectives.

How You'll Help Move Us Forward

• Lead pricing and implementation of new affiliate reinsurance transactions from start to finish, collaborating across divisions, teams, and the enterprise as a whole.
• Lead annual planning exercise and quarterly/ad-hoc forecasting work for the team’s expected transactions to help support the company’s larger financial planning and reporting needs.
• Lead reporting (financial, regulatory, stress testing) on our affiliate reinsurance transactions.
• Drive the optimization of capital transactions to improve the overall company outcomes.
• Maintain and report the existing capital reinsurance treaties.
• Support any future strategic capital structuring projects.
• Provide support, analysis, and guidance on retrocession arrangements.
• Provide guidance and subject matter expertise to other departments within the company.
• Provide mentorship to more junior employees to help build a well-rounded and successful team.
  
  

The Experience You Bring

• FSA required.
• 7 years of actuarial experience.
• Bachelor’s degree in Finance, Accounting, Actuarial or a related field.
  
  

What Makes You Stand Out

• Understanding/familiarity with reinsurance structures and transactions.
• Knowledge of Bermuda Monetary Authority and NAIC requirements.
• ALM concepts and/or pricing concepts.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
  
  

You Can Be Who You Are.

People come first here. We’re committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

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.

$193,950.00 - $237,050.00

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
  
  

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.