Director, Product & Pricing Risk (Actuary)

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

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Paid time off

Parental leave

401k match

Job summary

Pacific Life is investing in talent to innovate and deliver a superior customer experience. The Director of Product and Pricing Risk will lead cross-product analytics, pricing frameworks, and risk governance within the Workforce Benefits division, partnering with underwriting, finance, sales and technology.

You will manage a small team, drive pricing strategy for multiple group products, and influence decision-making through actionable insights and governance materials across Newport Beach,

Qualifications

• 8+ years of progressive actuarial experience with an FSA designation.
• Deep experience in group product lines (Dental, Vision, Group Life, Short Term Disability, Long Term Disability, Supplemental Health, Leave and Absence Management).
• Experience managing multiple initiatives, working with ambiguity, and adapting to change.
• Experience developing or implementing pricing analyses, assumptions, monitoring frameworks, or governance processes; strong communication and collaboration skills.
• Demonstrated leadership and interpersonal skills.
• Bachelor's degree is preferred, or demonstrated experience.

Responsibilities

• Lead cross-product pricing and risk processes and reporting.
• Partner with Product and Pricing leaders to analyze new business and renewal results and adjust pricing approaches.
• Develop and maintain pricing tools, models, and reporting capabilities used by Pricing and Underwriting.
• Build portfolio analytics linking growth, profitability, competitiveness and risk.
• Facilitate cross-product assumption setting with Finance, Pricing, and Product leadership.
• Establish monitoring standards, KPIs, thresholds, and escalation routines.
• Prepare materials for governance forums and coordinate reviews and actions.
• Provide actuarial and risk expertise on cross-functional initiatives.
• Lead experience studies and data-driven analyses with pricing actuaries.
• Support month-end and quarter-end financial and reserving activities.

Skills

Actuarial experience

Leadership

Pricing analysis

Cross-functional collaboration

Communication

Education

FSA designation

Bachelor's degree

Job description

Pacific Life is investing in talent to innovate and deliver a superior customer experience. The Director of Product and Pricing Risk will lead cross-product analytics, pricing frameworks, and risk governance within the Workforce Benefits division, partnering with underwriting, finance, sales and technology.

You will manage a small team, drive pricing strategy for multiple group products, and influence decision-making through actionable insights and governance materials across Newport Beach,