VP, Inforce Strategy for Annuities

Pacific Life; Newport Beach (CA); Hybrid; USD 245,000 - 275,000; Full time

Benefits offered by this job

Medical, Dental, Vision

Wellbeing Reimbursement Account

Paid Time Off

Parental Leave

401k with company match

Job summary

Pacific Life in Newport Beach, CA is seeking a VP, Inforce Management - Annuity to lead profitability and risk across Inforce blocks including Variable Annuity, RILA, FIA, MYGA and payout products. The role offers a hybrid schedule with four days in office and relocation assistance if needed.

You will partner with Product, Finance, Capital Markets, Risk and FP&A to steer pricing actions, hedging posture and capital deployment; act as the primary actuarial advisor on Inforce profitability and

Qualifications

• 12+ years of progressive actuarial experience within the life insurance industry.
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, or a related quantitative field.
• FSA strongly preferred; ASA with substantial leadership experience may be considered.
• MBA or advanced business degree preferred but not required.
• Deep understanding of Annuity products, how they are sold, illustrated, and managed Inforce.
• Strong actuarial foundation with demonstrated ability to connect experience analysis to business outcomes.
• Proven ability to drive decisions.
• Executive-level communication skills with the ability to simplify complex topics.
• Highly consultative, with confidence to challenge assumptions and influence outcomes.

Responsibilities

• Own the financial and risk narrative for Annuity Inforce blocks across multiple products.
• Drive management decisions by synthesizing Inforce analysis, earnings drivers, fee and spread dynamics, and emerging risks.
• Partner with Product, Finance, Capital Markets, Risk, and FP&A to influence pricing actions, crediting strategies, hedging posture, and capital deployment.
• Lead segmentation and deep-dive analyses to identify profit opportunities, risk concentrations, and behavior trends.
• Serve as the primary actuarial advisor on Inforce profitability, sustainability, and risk trade-offs.
• Lead Inforce projected earnings analysis, plan, and other forward-looking projections.
• Own fee, spread, NGE, renewal rate, and capital market sensitivity analysis for Annuity Inforce.
• Oversee stress testing and scenario analysis producing exposure results quarterly and leading conversations across the enterprise on drivers of change.
• Translate technical outputs into executive-ready insights, implications, and recommended actions.
• Oversee the experience studies team for Life and Annuity business.
• Chair the Product Management Committee and Assumption Review Committee.
• Act as the single point of accountability for Annuity Inforce performance insight.
• Empower teams to make decisions while setting clear strategic direction and guardrails.
• Develop talent that offers business expertise, leadership, and confidence across the enterprise.
• Elevate discussions from "what happened" to "what should we do next".
• Influence senior leadership through clear storytelling, trade-off framing, and decision memos.

Skills

Actuarial expertise

Executive communication

Leadership

Strategic thinking

Stakeholder management

Education

Bachelor's degree in Actuarial Science/Math/Statistics

Fellow of the Society of Actuaries (FSA)

MBA preferred

Job description

Pacific Life in Newport Beach, CA is seeking a VP, Inforce Management - Annuity to lead profitability and risk across Inforce blocks including Variable Annuity, RILA, FIA, MYGA and payout products. The role offers a hybrid schedule with four days in office and relocation assistance if needed.

You will partner with Product, Finance, Capital Markets, Risk and FP&A to steer pricing actions, hedging posture and capital deployment; act as the primary actuarial advisor on Inforce profitability and