AVP Actuary, Annuity Pricing

Pacific Life; Charlotte (NC); Hybrid; USD 230,000 - 255,000; Full time

Benefits offered by this job

401k with company match

Parental Leave

Paid Time Off

Relocation assistance

Job summary

Pacific Life in Charlotte, NC seeks an AVP Actuary, Annuity Pricing to lead pricing and product strategy for the annuity portfolio. The role involves building a high‑performing team and coordinating with risk and finance to ensure profitable, well-governed solutions.

relocation assistance is available; hybrid work is offered as part of a dynamic, growth‑focused Consumer Markets division.

Qualifications

• At least 10+ years of actuarial experience.
• FSA designation required.
• Deep knowledge of annuity products, pricing methodologies and market dynamics.

Responsibilities

• Lead a team of pricing actuaries to assess product opportunities and pricing strategies.
• Drive pricing framework enhancements and multi‑regulatory compliance across the annuity portfolio.
• Oversee product filings, governance, and risk management processes.
• Collaborate with Risk Management and Finance to integrate pricing insights into enterprise decisions.
• Champion innovations in pricing using analytics and AI to improve speed to market.

Skills

People leadership

Actuarial pricing

Pricing governance

Communication

Education

FSA designation

Job description

Job Description

We’re actively seeking a talented AVP Actuary, Annuity Pricing to join our Annuity Product Development team in Newport Beach, CA, Omaha, NE, or Charlotte, NC. This role follows a hybrid schedule of four days in the office (on-site). If you are not currently located near one of our offices, we offer comprehensive relocation assistance. Remote candidates will be considered depending on experience.

As an AVP Actuary, Annuity Pricing, you will co-lead pricing and product strategy initiatives for our annuity business, delivering retirement solutions to our clients. In this role, you will evaluate market opportunities, identify risks, and assess the profitability of new and existing offerings within the Consumer Markets Division’s annuity portfolio. This position plays a key role in bringing annuity solutions to market, from concept through launch, while supporting the division's growth objectives.

The ideal candidate has a deep understanding of the annuity landscape and end-to-end product lifecycle, including pricing, filing, and launch activities. Strong attention to detail, problem‑solving skills, and a proactive approach will help a candidate stand out.

You will lead a team of pricing actuaries, develop innovative solutions that address evolving customer and market needs, and ensure offerings achieve an appropriate balance of customer value, profitability, and risk management. In addition, you will guide initiatives through the Product and Risk Governance processes.

How You’ll Help Move Us Forward

• Lead and develop a team of pricing actuaries to assess product opportunities in a rapidly changing economic, regulatory, and competitive environment
• Actively engage in the development of new products and the enhancement of existing products
• Evaluate and enhance the annuity pricing framework, with focus on enabling understanding of multiple accounting regimes and pricing metrics
• Design products with an eye on adaptability to changing competitive, regulatory, and economic environments
• Secure product approvals through pricing and risk committees
• Lead product filing efforts in conjunction with our Compliance team
• Create transparency within the division and enterprise around pricing results, including methodologies and assumptions used and sensitivity testing
• Collaborate with Risk Management and Finance to identify risk management tools to manage our product suite, and appropriately incorporate into pricing
• Champion innovation and modernization initiatives, leveraging emerging technologies, including AI and advanced analytics, to enhance pricing capabilities, streamline processes, improve team productivity, and accelerate speed to market.

The Experience You Bring

• 10+ years of actuarial experience
• FSA designation, including 3 years of actuarial experience post FSA designation
• Deep knowledge of annuity products, product features, pricing methodologies, and market dynamics, with the ability to identify emerging opportunities and develop innovative product solutions
• Experience leading products through the full product development lifecycle, including pricing, risk assessment, governance, regulatory filing, implementation, and launch
• Strong financial acumen, including expertise in Statutory, GAAP, and economic reporting frameworks, capital markets, and the ability to evaluate and communicate key drivers of profitability, risk, and value creation
• Proven people leadership experience with a track record of coaching, developing, and mentoring actuarial talent while building a high‑performing, collaborative team environment
• Strong technical and analytical capabilities, including the ability to solve complex business problems and translate actuarial insights into actionable recommendations
• Excellent communication and influencing skills, with the ability to establish credibility across the enterprise and effectively engage leaders across Product, Sales, Risk Management, Finance, and Investments
• Demonstrated strategic mindset with the ability to establish a long‑term vision, drive change, challenge the status quo, and execute against evolving business priorities
• Ability to thrive in a fast‑paced environment, balancing multiple initiatives while adapting to changing market conditions and organizational needs

Salary Range: $230,000 - $255,000

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.