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Tax Compliance Associate Actuary

Company: Pacific Life
Location: Aliso Viejo
Posted on: March 27, 2020

Job Description:

Position Summary: The Tax Actuary will support and/or lead the Tax Compliance Team by providing required actuarial research, formulas, specifications and similar under the guidance of the Tax Compliance Actuary. Target level is for an Assistant or Associate Actuary with flexibility to consider candidates at other levels. Candidates who meet most but not all of the requirements are encouraged to apply. Actual job offer and title will be based on level of experience and skillset. Responsibilities: Creation of 7702/A replacement product tax specifications, as well as creation of new formulas for new product development. With guidance of AVP, interpret product taxation to new and unique product features. Able to provide actuarial derivations of formulas. Responsible for Guideline Premium Forceout inforce cases. Continue to support any 1980/2001CSO Grandfathering. Responsible for the maintenance of 7702/A specifications, support for spreadsheet development where needed by Tax Compliance analysts. This includes an understanding of how product features impact tax calculations. Requires training for or current understanding of legal requirements and company practices in regards to product tax and product tax reporting under sections 72, 7702/A/B, and 101 under the guidance of the Tax Compliance Actuary. Factors for Success: Strong self-starter, with excellent time-management skills Thrives in both a collaborative environment and in self-managed projects. Solid technical writing skills for Disclosures, product specs, etc. Life insurance product knowledge – specifically cash value products Life insurance product taxation knowledge (specifically 7702/A) ideal #LI-AI1 For more than 150 years, Pacific Life has offered innovative products and services including life insurance, annuities, and mutual funds, along with a variety of investment products, all of which provide The Power to Help You Succeed. We firmly believe each employee plays a part in our continued growth and success, and we pride ourselves in providing a work environment that is challenging, inclusive, collaborative, and results-oriented. With a powerful past and a strong future, Pacific Life offers an environment where you’re empowered to achieve your personal best. In return, we look to your passion and insight to help us grow. For additional company information, including current financial strength ratings, visit www.PacificLife.com.Join the Pacific Life team and watch your career grow! We offer a competitive compensation and benefits package that includes: • Competitive salary and bonus program • Medical, dental, and vision as part our commitment in 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 vacation time and holiday pay • And much more!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 , Tax Compliance Associate Actuary, Other , Aliso Viejo, California

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