Actuarial Analyst

Pacific Life; Newport Beach (CA); On-site; USD 55,000 - 83,000; Full time

Benefits offered by this job

Medical, Dental, Vision

Paid Time Off

Parental Leave

401k with company match

Job summary

Pacific Life in Newport Beach, CA offers an actuarial student rotation program with opportunities across multiple offices, including Omaha and Charlotte. The program follows a hybrid schedule with four days in the office and requires relocation if not local.

You will pursue ASA/FSA credentials while performing analyses to manage risk, advise on financial impact, and develop models used in strategic decision making. Progress toward credentials is expected and supported by the company.

Qualifications

• Progress toward actuarial credentials with commitment to ASA/FSA designation
• Relevant actuarial experience and understanding of actuarial and financial concepts
• Experience with actuarial models, financial analysis, or quantitative tools and processes

Responsibilities

• Perform analyses to assess and manage risk for insurance and financial products
• Analyze and advise business leaders on economic costs of risk and uncertainty
• Develop, test, and validate models used in business decisions using advanced statistics and modeling
• Monitor laws and regulation developments affecting functional area operations

Skills

Actuarial credentials

Actuarial experience

Quantitative tools

Education

Bachelor’s degree in actuarial science or related field

Job description

Job Description: We’re actively seeking talented Actuarial professionals for our internal actuarial student rotation program at Pacific Life in Newport Beach, CA, Omaha, NE, or Charlotte, NC. We are recruiting for several different levels, depending on your education, experience, and credentials. This opportunity follows a hybrid schedule of four days in the office (on-site). If you are not currently located near one of our offices, you will be required to relocate.

How you will make an impact:

• Actively pursue the ASA/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:

• Progress toward actuarial credentials, with strong commitment to achieving ASA/FSA designation.
• Relevant actuarial experience, with a solid foundation in actuarial and financial concepts.
• Experience working with actuarial models, financial analysis, or other quantitative tools and processes.
• Bachelor’s degree in actuarial science, mathematics, statistics, finance, or a related quantitative field.

What makes you stand out:

• Demonstrated drive toward achieving the FSA designation.
• Ability to connect technical analysis and emerging trends to financial and business impacts.
• Strong technical expertise combined with sound judgment around reasonability and materiality.
• Ownership of end-to-end processes, with the independence to move work forward with limited guidance.
• A continuous-improvement mindset, including identifying opportunities for automation, simplification, and process enhancement.
• Ability to constructively challenge existing approaches and recommend priorities or alternative solutions.
• Strong communication skills, with the ability to translate complex analysis into clear messages and presentations for different audiences.
• Adaptability and effectiveness when priorities change.

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.

• 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

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

Pacific Life is more than a job — it’s a career with purpose. For nearly 160 years, we’ve helped people protect their financial futures through strength, stability, and innovation. Join us to make a meaningful impact and build a career where you can thrive. Learn more.

Pacific Life’s success is driven by our people. We create, embrace and sustain an inclusive workplace where all employees are respected and supported throughout their career. Our values inspire and direct our actions shaping the vibrant culture we proudly uphold. Learn 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.