Actuary Director, Annuity Product Innovation — Hybrid & Relocation

Pacific Life; Omaha (NE); On-site; USD 176,000 - 249,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

Wellbeing reimbursement account

Paid time off

Holiday schedules

Parental leave

Adoption assistance

401k with company match

Job summary

Pacific Life is seeking an Actuary & Director of Annuity Product Innovation to join the Research and Development team. The role is on-site four days per week with one remote day, located in Newport Beach, CA, Omaha, NE, or Charlotte, NC, with relocation assistance offered if needed.

You will research, test, and develop innovative and market-driven annuity products, collaborating across Pacific Life departments to address customer retirement income needs while meeting pricing, profitability, and

Qualifications

• 8+ years of experience with a focus on product development.
• FSA designation required.
• Proven track record delivering innovative, strategic solutions to market.
• Strong project leadership, collaboration, and cross-functional influence.
• Analytical, strategic thinking and problem-solving abilities.
• Knowledge of economic, regulatory, and market factors impacting products.
• Excellent communication and presentation skills.
• Ability to thrive in a fast-paced, dynamic environment.
• Extensive actuarial modeling experience and ability to review model results.

Responsibilities

• Lead design and pricing of innovative annuity products that are competitive and attractive in the marketplace.
• Serve as the lead actuary during research, development, and viability phases.
• Create educational materials and tools for professionals and clients to explain annuity features and trade-offs.
• Ensure annuity development aligns with divisional and enterprise strategies.
• Collect and analyze feedback on existing products and market trends to identify opportunities.
• Identify risks, hedging considerations, and option trade-offs in designs.
• Communicate with stakeholders during early development stages to avoid misalignment.
• Provide technical support to IT, Compliance, Marketing, and Operations teams.

Skills

Actuarial modeling

Pricing strategy

Stakeholder communication

Cross-functional collaboration

Project leadership

Education

FSA designation

Tools

Actuarial software

Job description

Pacific Life is seeking an Actuary & Director of Annuity Product Innovation to join the Research and Development team. The role is on-site four days per week with one remote day, located in Newport Beach, CA, Omaha, NE, or Charlotte, NC, with relocation assistance offered if needed.

You will research, test, and develop innovative and market-driven annuity products, collaborating across Pacific Life departments to address customer retirement income needs while meeting pricing, profitability, and