Senior Actuary, PRT Pricing — Relocation Included

Pacific Life

Newport Beach (CA)

Hybrid

USD 168,000 - 205,000

Full time

14 days+
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Benefits offered by this job

Benefits start Day 1
401k with company match

Job summary

Pacific Life in Newport Beach, CA is seeking a Senior Actuary to join the Institutional Division's PRT pricing team. On-site 4 days and remote 1 day, with relocation support.

The role focuses on designing pricing strategies for Pension Risk Transfer and overseeing pricing schedules to forecast scenarios and mitigate risks. You will partner with Sales, engage stakeholders, analyze profitability, and translate insights into data-driven pricing decisions while leveraging VBA and Prophet expertise.

Qualifications

  • FSA with pricing, product development, and modeling experience.
  • Bachelor degree in actuarial science or related fields.
  • Direct experience with Pension Risk Transfer products.
  • Strong ownership and ability to drive results.
  • Mentorship and teamwork experience.
  • Ability to adapt in fast-paced environments.
  • Proficiency in Excel & VBA.

Responsibilities

  • Pricing & Product Development: design pricing strategies for PRT.
  • PRT Transaction Execution: oversee pricing schedules and forecast scenarios.
  • Profitability & Performance: monitor profitability and inform pricing decisions.
  • Stakeholder Engagement: present and defend pricing outcomes.
  • Strategic Collaboration: partner with Sales on data-driven bids.
  • Insightful Communication: translate analyses into actionable insights.
  • Intuitive Technical Solutions: keep pricing tools clear for all stakeholders.
  • Agile Transformation: support agile initiatives and cross-team alignment.
  • Big-Picture Thinking: balance strategy with day-to-day execution.

Skills

Pricing strategy
Stakeholder management
Data analysis
VBA programming
Excel proficiency
Team collaboration

Education

Fellow of the Society of Actuaries (FSA)
Bachelor's degree in Actuarial Science, Finance, Mathematics
Experience with Pension Risk Transfer

Tools

Prophet
Excel
VBA

Job description

Pacific Life in Newport Beach, CA is seeking a Senior Actuary to join the Institutional Division's PRT pricing team. On-site 4 days and remote 1 day, with relocation support.

The role focuses on designing pricing strategies for Pension Risk Transfer and overseeing pricing schedules to forecast scenarios and mitigate risks. You will partner with Sales, engage stakeholders, analyze profitability, and translate insights into data-driven pricing decisions while leveraging VBA and Prophet expertise.

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