Director of Life Insurance Pricing & Actuary Leader

Pacific Life; Newport Beach (CA); Hybrid; USD 204,000 - 249,000; Full time

Benefits offered by this job

Health benefits

Relocation assistance

Paid time off

Job summary

Pacific Life in Newport Beach, CA seeks an Actuary & Director to lead the Life Pricing team, shaping product pricing strategies and collaborating across pricing, product development, risk management, and sales. This is a hybrid role with on-site and relocation options for the right candidate.

You will guide product development, monitor regulatory changes, and ensure pricing practices meet governance standards while delivering competitive life insurance solutions.

Qualifications

• FSA with 10+ years of actuarial pricing and product development.
• Direct experience developing life insurance products.
• Bachelor's degree in Actuarial Science, Finance, Mathematics, Computer Science, or related field.
• Strong management, team-building, and communication skills.
• Excellent project management and business partnering abilities.
• Proven leadership with a strong sense of urgency.
• Ability to understand the big picture and mobilize initiatives in ambiguous situations.
• Proficiency in Microsoft Excel.

Responsibilities

• Lead and develop a pricing team; oversee product pricing activities for the pricing team and perform analysis or duties that requires pricing expertise.
• Lead product pricing, support product implementation, execute project plan with on time high quality deliveries.
• Stay current with all regulatory changes and other new pricing or risk management developments that could impact our product lines.
• Ensure product development follows product pricing guidelines, meets all regulatory requirements, and meets all internal profit/risk governance standards; secure all required product approvals.
• Collaborate with all stakeholders, including marketing/sales, investment management, valuation, risk management, legal, and operations, to balance the competitiveness, profitability, and risk for the products being priced to deliver leading edge life insurance products.
• Work with a team of support staff to grow talent and provide development advice and support.

Skills

FSA

Leadership

Communication

Project management

Pricing strategy

Financial analysis

Excel

VBA

Prophet

R

GGY-AXIS

Education

Bachelor's degree in Actuarial Science/Finance/Mathematics/Computer Science

Tools

Prophet

R

GGY-AXIS

Job description

Pacific Life in Newport Beach, CA seeks an Actuary & Director to lead the Life Pricing team, shaping product pricing strategies and collaborating across pricing, product development, risk management, and sales. This is a hybrid role with on-site and relocation options for the right candidate.

You will guide product development, monitor regulatory changes, and ensure pricing practices meet governance standards while delivering competitive life insurance solutions.