Assistant Actuary (Product Design)

Company: Pacific Life
Location: Aliso Viejo
Posted on: September 5, 2020

Job Description:

Job Description: Pacific Life is looking to invest in bright, agile new talent to ensure we continue to innovate and strengthen relationships with our policyholders. It's in this spirit that we are currently looking to add an Assistant Actuary to join our Product Design team in Aliso Viejo, CA. As an Assistant Actuary on the Product Design team, you will play a key role in Pacific Life's growth and long-term success. This role will be within the newly formed Product Management team and report to the AVP - Product Management. The Product Management team is mainly responsible for producing detailed profitability studies on actively sold products, enhance business decisions through the use of analytics, and monitor and analyze agreed upon items during the pricing process. *Location is flexible to include Aliso Viejo, CA or remote work. *While our team aims to hire at the Assistant level, candidates who meet most but not all requirements are encouraged to apply. Actual job title will be based on experience and skillset. Despite the COVID pandemic, Pacific Life has remained safe, stable and productive, thanks to our embracing of digital processes and commitment to a people-first culture. Our agile approach has aided us in successfully shifting our recruiting and onboarding activities toward a safe work-from-home environment. This is unchartered territory for all of us, so please let us know if you have any questions about the recruiting process or about our response to COVID. What You'll Do * Build tools to provide clear insights on actively sold products as it relates to source of earnings, overall profitability, and potential product risks * Produce routine product reports summarizing LID's profitability, sales, and provide insights into trends * Monitor items identified in pricing of new products or previously launched programs and recommend changes as needed * Conduct studies on performance by distribution channel (profit and sales) * Provide day-to-day support on other ad-hoc Product Management tasks * We're not simply looking for actuaries. Our teams search for professionals with intellectual horsepower who can build relationships outside of their team and bring fresh new ways of thinking to our collaborations. If you're a creative, mission-driven self-starter who's comfortable with ambiguity, and who thrives in a fast-paced, collaborative environment, you're a perfect fit for our team. We're not simply looking for actuaries. Our teams search for professionals with intellectual horsepower who can build relationships outside of their team and bring fresh new ways of thinking to our collaborations. If you're a creative, mission-driven self-starter who's comfortable with ambiguity, and who thrives in a fast-paced, collaborative environment, you're a perfect fit for our team. Factors for Success * Bachelor's degree in Actuarial Science, Mathematics, Computer Science, or other related field or equivalent work experience * ASA designation in the Society of Actuaries with progress towards FSA * Attention to detail and proven track record to enhance processes through automation * Experience using actuarial software (e.g. MG-ALFA) a plus * Ability to deliver timely, organized and consistent results * Effective communication skills to present business solutions in a clear and concise manner and to collaborate effectively with actuarial and non-actuarial partners A career at Pacific Life is more than a job. You'll find those who work passionately each day to drive our company forward enjoy 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 200 Company, you're the perfect cultural fit for our team. See how we harness the Power of Pacific to fulfill our shared purpose - apply for one of our positions and grow your career with Pacific Life today! #LI-AI1 Pacific Life is a growth-oriented company with a strong and competitive position within the life insurance, retirement savings, and reinsurance markets. It holds top 15 market positions in almost all of its key products and has a diverse product portfolio serving the key markets of the highly affluent, broad market, small and mid-size businesses, and the institutional space. It has a global presence through its reinsurance business, with key markets in the U.K., Asia, and Australia. Pacific Life's structure as a mutual holding company is a competitive advantage, allowing the company to make decisions with a long-term view for the best interests of the organization and its policyholders. Pacific Life has a stellar reputation for service and value to the financial intermediaries and distribution channels that distribute our products. We firmly believe each of our employees play 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 pas

Keywords: Pacific Life, Aliso Viejo , Assistant Actuary (Product Design), Other , Aliso Viejo, California