Senior Actuary (FSA), Inforce Management

Pacific Life; Newport Beach (CA); Hybrid; USD 168,000 - 205,000; Full time

Benefits offered by this job

Relocation assistance

Medical, dental, vision benefits

Wellbeing reimbursement account

Paid time off

Holiday schedules

Parental leave

Adoption assistance

401k with company match

Job summary

Pacific Life seeks a Senior Actuary to join Inforce Management, Consumer Markets Division. The role is on-site four days a week with one remote day, supporting life and annuity inforce initiatives across multiple offices.

You will analyze profitability, develop forecasts, run experience studies, stress tests, and guide senior leaders with actionable recommendations. Collaboration with Finance, Product, Valuation, and Risk Management is required, with leadership responsibilities.

Qualifications

• FSA designation and 8+ years of actuarial experience in life insurance, annuities, valuation, pricing, forecasting, risk management, or related areas.
• Strong analytical, modeling, problem-solving, and financial management skills.
• Ability to translate technical analysis into clear business implications and recommendations.
• Strong written, verbal, and cross-functional communication skills.
• Preferred experience in life/annuity inforce management, pricing, profitability analysis, forecasting, experience studies, or stress testing.
• Knowledge of GAAP, Statutory, and economic frameworks.
• Project leadership and influence across multiple stakeholders.

Responsibilities

• Analyze business performance, profitability drivers, earnings trends, and emerging risks.
• Develop forecasts, projections, sensitivities, scenarios, and stress testing analyses.
• Perform experience studies and support actuarial assumption development, monitoring, and governance.
• Identify actions to improve profitability, capital efficiency, risk management, and inforce value.
• Assess financial impact of market, regulatory, product, and assumption changes.
• Partner with Finance, Product, Valuation, Risk Management, Investments, Reinsurance, and other teams to drive results.
• Communicate complex findings and recommendations to business leaders and senior management.
• Support strategic initiatives and enhance actuarial models and processes.
• Advance inforce management through AI, automation, and advanced analytics.

Skills

Analytical skills

Modeling skills

Problem-solving

Financial management

Communication skills

Education

FSA designation

Job description

We are actively seeking a talented Senior Actuary to join our Inforce Management, Consumer Markets Division team. The role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA, Omaha, NE or Charlotte, NC. If you are not currently located near one of our offices, we offer comprehensive relocation assistance. The Senior Actuary, Inforce Management supports the financial performance, risk management, and long-term value of CMD life and annuity businesses. The Inforce Management Team delivers actuarial analysis and strategic recommendations across profitability management, forecasting, experience studies, stress testing, assumption development, policyholder behavior, risk management and other inforce priorities. Assignments will focus on life, annuity, or cross-product initiatives based on business needs.

Key Responsibilities

• Analyze business performance, profitability drivers, earnings trends, and emerging risks.
• Develop forecasts, projections, sensitivities, scenarios, and stress testing analyses.
• Perform experience studies and support actuarial assumption development, monitoring, and governance.
• Identify actions to improve profitability, capital efficiency, risk management, and inforce value.
• Assess the financial impact of market, regulatory, product, and assumption changes.
• Partner with Finance, Product, Valuation, Risk Management, Investments, Reinsurance, and other actuarial teams to drive results.
• Communicate complex findings and actionable recommendations to business leaders and senior management.
• Support strategic initiatives and improve actuarial models, analytics, and processes.
• Advance inforce management through the use of AI, automation, and innovative analytical tools that deliver deeper insights and support data driven decision making.

Qualifications

• FSA designation 8+ years of actuarial experience in life insurance, annuities, valuation, pricing, forecasting, risk management, experience studies, or a related area.
• Strong analytical, modeling, problem-solving, and financial management skills.
• Ability to translate technical analysis into clear business implications and recommendations.
• Strong written, verbal, and cross-functional communication skills.
• Preferred Experience Life and/or annuity inforce management, pricing, profitability analysis, forecasting, experience studies, or stress testing.
• Knowledge of GAAP, Statutory, and economic frameworks.
• Project leadership and experience influencing decisions across multiple stakeholders.

Base salary ranges (location specific)

• Newport Beach, CA: $167,670 - 204,236
• Omaha, NE: $144,810 - $176,990
• Charlotte, NC: $152,370 - 186,230

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. $167,670.00 - $204,930.00

Benefits

Your Benefits Start Day 1

• 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

Culture & Diversity

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.

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.

Life at Pacific Life

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.