The posting
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 to join our Enterprise Modeling Team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA, Omaha, NE, or Charlotte, NC. If you are not currently located near one of our offices, we offer comprehensive relocation assistance.
As a Prophet Specialist/Prophet Model Merger, you’ll play a key role in Pacific Life’s growth and long-term success by working on the team that is accountable for model controls and governance, integration, regression testing, and model defect resolution. You’ll sit on a team with the Model Steward and other Prophet Model Developers and will work closely with actuarial developers, data/IT, valuation, pricing, and modeling teams across the organization.
Note: Actual title will reflect the chosen candidate's experience and exam progress. Candidates who meet most but not all requirements are encouraged to apply.
How you will make an impact:
- Responsible to execute on production aspects of the Model development life cycle related to testing of all valuation and production model implementation and conversion projects (including model merges, library and system upgrades).
- Support appropriate user approval testing (UAT), model validation, code changes and merges into the Master model.
- Support defect resolution and mitigation.
- Maintain model documentation and collaborate with other developers and stakeholders to secure appropriate review/UAT documentation for all changes made to models, impacts under key reporting bases and evidence of all the required approvals.
- Identify opportunities to automate manual processes and improve model management workflow.
- Help provide oversight of model staging and integration of production models across all use cases in PE.
- Partner with IT and functional areas to develop simple, effective, and innovative solutions to simplify modeling processes, including model review and testing processes.
- Troubleshooting and user support for Enterprise Prophet users.
The experience you will bring:
- Bachelors in actuarial science, computer science, finance, mathematics or related field.
- 6+ years’ actuarial experience.
- FSA designation.
- 4+ years' experience with model development in Prophet Professional and Prophet Enterprise.
- 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:
- Production and/or project management skills.
- Process improvement and automation experience.
- Cloud experience.
Base salary ranges (location specific):
- Newport Beach, CA: $167,670 - 204,236
- Omaha, NE: $144,810 - $176,990
- Charlotte, NC: $152,370 - 186,230
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 www.pacificlife.com. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.
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.
$152,370.00 - $186,230.00
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
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.
