Job Description:

Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We’re actively seeking a talented modeler to join our Model Development team within the Consumer Markets Division Product Development department. This role can be on-site in Newport Beach, CA, hybrid, or 100% remote.

As a Sr. Actuarial Model Developer, you’ll play a key role in Pacific Life’s growth and long-term success by working on actuarial model development life and annuity products. You will collaborate with pricing and research teams to provide cutting edge modeling and reporting capabilities. You will interact with software and data engineers, data scientists and actuarial professionals in your daily work.

Job title and pay can be adjusted with experience which could be higher or lower than what’s listed in this post.

How You’ll Contribute:

• Serve as one of stakeholders to effectively and efficiently perform Life & Annuity product modeling and processes.
• Serve as a key person to understand related regulatory and internal requirements for modeling purpose.
• Learn and apply knowledge of product specs to build/maintain the Turbo Actuary – a high speed and user-friendly C# based product Pricing system.
• Maintain, modify, validate, and explain the pricing models to the key stakeholders and users
• Maintain model release, meet model risk governance requirements, and update related documents.
• Collaborate with other modeling teams on methodology and technology.  Validate Turbo Actuary model against Prophet model used in other areas for consistency
• Support pricing and research actuaries for competition analysis, profit study, product management, and speed to market.
• Provide training to model users

Model Development Environment:

• Visual Studio, C#, Excel
• We are open to new ideas and tools.

Click HERE to view and apply

The experience you’ll bring:

• Bachelor’s degree in Computer Science, Mathematics, Actuarial Science, or equivalent experience.
• Actuarial credential (ASA/FSA or Equivalent) or prior actuarial education desired but not required. 
• 4+ years of experience in programming (life/annuity product related experience a plus)
• Must be detail-oriented with strong verbal and written communication skills.
• Strong coding/programming skills and problem-solving mindset.

What will make you stand out:

• Life/Annuity product experience and knowledge
• Prophet/ALFA/MoSes/GGY and Navigator/Admin/Guideline experience
• Strong motivations for innovation 
• Enjoy programming in a C# based open system

Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife.

#LI-TM1 #LI-Remote

Base Pay Range:

The base pay range noted provides a basis to determine the appropriate offer dependent upon several factors including but not limited to geographic location, experience, skills, education and pay equity. Also, most employees are eligible for additional incentive pay.

$103,000.00 – $128,800.00 – $173,900.00

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.