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