Senior Actuary (FSA) - Enterprise Reinsurance

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 Senior Actuary (FSA) - Enterprise Reinsurance to join our team in Newport Beach, CA, Omaha, NE, or Charlotte, NC. This role is hybrid with four office days per week. If you are not currently located near one of our offices, we offer comprehensive relocation assistance.

As a Senior Actuary, you’ll play a key role in Pacific Life’s growth and long-term success by executing critical reinsurance projects. Our Enterprise Reinsurance team plays a highly strategic role across the organization, partnering with business leaders to help achieve enterprise and divisional objectives through the thoughtful use of reinsurance. Reinsurance is treated not as a back‑office function, but as a strategic lever used to manage risk, support growth, and enable business decisions. This opportunity is well‑suited for an experienced actuary who enjoys ownership, autonomy, and variety.

How you'll help move us forward:

• Lead analysis and execute new reinsurance arrangements supporting new business strategy from RFP to final implementation and internal/external communications.

• Analyze inforce reinsurance to formulate a coordinated strategic approach to each reinsurer relationship.

• Provide insights to senior management related to reinsurance transactions that help facilitate strategic reinsurance decisions. 

• Support quarterly reporting of reinsurance transactions, including review of settlements and ownership of end-to-end modeling of reinsurance projections.

• Support reinsurance needs across the enterprise by working with Underwriting, Product Design, and other functional areas across the company.

• Identify, assess, and communicate information regarding reinsurance risks with functions across the organization.

• Lead analysis of reinsurance business insights, determining key risks and reporting results.

• Guide junior reinsurance actuarial modelers or data analysts in evaluating reinsurance cash flow projections and data.

The experience you bring:

• 6+ years actuarial experience, 4-year degree or equivalent experience, and FSA designation

• Experience in understanding and optimizing various work processes

• Demonstrable ability to plan and prioritize time and deliver to deadlines

• Familiarity with synthesizing messaging via visual software including PowerPoint and Tableau

• Additional qualifications for specific job levels as noted below

What makes you stand out:

• Ability to work in a fast-paced, dynamic environment with high degrees of ambiguity arising from a period of significant change

• Strong communication (both written and verbal) and interpersonal skills, demonstrating ability to build effective relationships and collaborate

• Highly accountable, self-starter, with strong project management skills

Base Salary Ranges per Location:

• Charlotte, NC: $152,370 - $186,230

• Newport Beach, CA: $167,670 - $204,930

• Omaha, NE: $144,810 - $176,990

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.

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

You Can Be Who You Are

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.

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.