Actuary - Modeling

Company: Pacific Life
Location: Aliso Viejo
Posted on: May 16, 2022

Job Description:

Job Description:
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 Model Development Actuary to join our Life Product Design & Pricing team in Aliso Viejo, CA. This role can be on-site or 100% remote.

As an Actuary on the modeling team you'll play a key role in Pacific Life's growth and long-term success by providing high quality models in a timely manner. You will fill an existing role that sits on a team of five people in the Life division. Your colleagues will include both actuarial and modeling professionals. You will work with pricing actuaries daily by providing modeling expertise to support data-driven decisions and innovations.

How you will make an impact:
Serve as a stakeholder to effectively and efficiently perform actuarial modeling and processes.
Develop strong actuarial skills/serve a key person to understand related regulatory and internal requirements for modeling purpose.
Learn and apply good knowledge of insurance specs and actuarial related regulations to build the high speed and user-friendly C# actuarial Pricing models.
Maintain, modify, validate, understand and interpret complex life actuarial pricing models.
Maintains model release, meet model risk governance requirements, and update related documents.
Support pricing actuaries for competition analysis, profit study, product management, and speed to market.
Work individually and/or in teams to complete projects on time and with high quality.
Develop relationships and collaborate with other departments and business units, especially for model risk management.
Provide training to model users to ease learning curve.

The experience you will bring:
Bachelor's degree in Computer Science, Mathematics, Actuarial Science, or equivalent experience.
2-4 years of actuarial experience
Completion of, or close to obtaining, the ASA credential
Excited to work in a role that involves heavy coding including but not limited to C#, Python, Visual Basic.
Strong motivation for innovation; this will be key in designing and developing a new generation of actuarial systems.
Detail-oriented with strong verbal and written communication skills.

What will make you stand out:
Skilled in C#, Python, Visual Basic, or other programming languages
Experience working with Prophet, MG_ALFA, GGY-AXIS, or MoSes a plus
Prior work with life products and/or annuities; preferably within product design or pricing

More reasons to join:
At Pacific Life, the work we do matters. We work passionately each day to drive our company forward while enjoying job security, flexible scheduling, and great opportunities for career growth.
If you're seeking a thriving career doing the type of meaningful work that's all too rare at a Fortune 500 Company, Pacific Life is the place for you. If you are a self-starter who appreciates creativity and individuality in your colleagues - even better. We look forward to receiving your application.

You belong at Pacific Life
At Pacific Life we believe you belong. We foster a culture of belonging, a space where all employees are empowered to be authentic. We embrace and celebrate diversity, create a culture of equity and inclusion, and value and respect every employee. ---

Our workplace:
In 2020, we demonstrated agility and swiftly shifted to a working-from-home environment with little to no disruption. Going forward, we will move toward a hybrid, digital-first workplace that encompasses flexible work policies, inclusive space design, and innovative technology solutions.
At Pacific Life, we are pioneering a trail and challenging the status quo to build the next normal.
Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife.

#LI-AI1

How We Help You Succeed:
We're fostering a culture of shared values across our company by providing generous compensation and comprehensive benefits that allow our employees to find fulfillment and security in personal life and career alike. These include:

Competitive Salary and Benefits

Work-Life Balance & Flexible Scheduling

Medical, dental, and vision as part our commitment to investing in the health and wellbeing of our employees

Two retirement savings plans: 401k savings plan with company match and Company Retirement Contribution (company-paid)

Generous PTO and holiday pay

Warm Colleagues & Inspiring Culture

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.

Keywords: Pacific Life, Aliso Viejo , Actuary - Modeling, Accounting, Auditing , Aliso Viejo, California