Associate Actuary - Actuarial Model Developer Job at Pacific Life, Newport Beach, CA

bzNndldNZ1l3SytIWlN1UEJkRTV1SmhuakE9PQ==
  • Pacific Life
  • Newport Beach, CA

Job Description

Job Description

Job Description:

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.

We’re actively seeking a talented Associate Actuary to join our Enterprise Prophet Modeling Team. This role can be on-site, hybrid, or 100% remote.

As an Associate Actuary, you’ll play a key role in Pacific Life’s growth and long-terms success by working on the team that is accountable for implementing actuarial modeling changes, model defect resolutions, development testing and model maintenance for multiple business areas and model use cases. You’ll sit on a team with the Model Development lead and Model SME’s and work closely with the Model Steward team, data/IT, valuation, pricing and model user teams across the organization working on both Life and Annuity model changes, and potential involvement with the RILA model build.

How you’ll help move us forward:
  • Ensure that models are accurate, reliable, meet business requirements and utilize modeling best practice approaches.

  • Perform model development and testing/debugging of Prophet models, and peer review changes made by other team members.

  • Act as an internal Prophet expert for your colleagues.

  • Collaborate with cross-functional project team of developers, data/IT, and business stakeholders.

  • Communicate effectively with senior management and stakeholders regarding actuarial modeling results and insights.

  • Keep abreast of industry trends, regulations, and best practices in actuarial modeling and incorporate them into the implementation process.

  • Support and comply with all Model Risk Management initiatives, documentation and standards.


The experience you will bring:

  • Bachelor’s in actuarial science, computer science, finance, mathematics or related field.

  • 6+ years of actuarial experience.

  • FSA Designation.

  • 4 + years’ experience with model development in Prophet including:

    • Familiarity with all components within FIS Insurance Risk Suite (PRD, DCS, PE, PP). 

    • Advanced knowledge of Prophet libraries (e.g., US 360, ALS, Life and Health libraries).

  • Experience coding in Python, Visual Basic, and SQL.

  • Self-starter with ability to develop solutions by collaborating with multiple business partners.

  • Ability to work independently and collaboratively as part of a team, and to manage long-term projects.

  • Detail-oriented with excellent organizational, communication, and interpersonal skills.

  • Excellent analytical, problem-solving, and decision-making skills.​

What will make you stand out:

  • Experience working with Azure DevOps, pipelines and AWS.

  • Advanced knowledge and experience in Prophet, especially experience with asset and ALM modeling in Prophet.

  • Advanced Reserving knowledge for Life, Annuities (FIA, RILA, and VM-21).

  • Experience with ALM/Hedging.

You can be who you are.

People come first here. We’re committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

Benefits start Day 1.

Your wellbeing is important. We’re committed to providing flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

  • Prioritization of your health and well-being including Medical, Dental, Vision, and a 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.

#LI-MT1

#LI-Remote

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.

$159,660.00 - $195,140.00

Your Benefits Start Day 1  

 

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

  • 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

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.

Job Tags

Holiday work, Remote job, Flexible hours,

Similar Jobs

CVS Health

InnoTech Summer Undergraduate Internship 2025 - Aetna Tech - Data Scientist Job at CVS Health

 ...delivering the industrys best data products with a customer first mindset and team-oriented approach. About the Business Area Aetna Tech Integrations (AEI) delivers scalable, secure, and high-performance integration solutions for the business (i.e. CVS Health,... 

Answering Service Care

Answering Service Care - Operator, Texas - Work From Home Job at Answering Service Care

 ...Technical Requirements.To ensure remote work positively impacts individual performance...  ...to be eligible for remote work.Operator Role:Empathize. Communicate. Resolve. We...  ...with efficiency and courtesy.Take accurate phone messages during customer interactions, ensuring... 

Angel Medical Center

Patient Care Technician ED Job at Angel Medical Center

 ...Description Introduction Do you want to join an organization that invests in you as a Patient Care Technician ED? At Angel Medical Center, you come first. HCA Healthcare has committed up to $300 million in programs to support our incredible team members over the... 

Trevett Facilities Recruitment USA

HVAC Building Engineer Job at Trevett Facilities Recruitment USA

 ...HVAC Engineer based at a manufacturing plant in Wilson NC My client, who is a world leader in delivering facilities services are looking for a HVAC building engineer at one of their new contracts. ~100,000sqft of area ~ Team of 7 including an account manager &... 

Uncommon Schools

High School Teacher Job at Uncommon Schools

 ...teaching and leadership. Join us to work hard, do good, and make a lasting difference! Job Description All Uncommon Schools teachers hold primary responsibility for the implementation of Uncommons curriculum and the success of our students. Therefore, Uncommon Schools...