Pacific Life · 13 hours ago
Director Actuary - Product Development
Newport Beach, CA
Full-time
Onsite
Senior Level, Lead/Staff
$199K/yr - $243K/yr
8+ years expPacific Life is a company focused on providing for loved ones and planning rewarding retirements. The Director and Actuary will lead a team to develop, price, and support new annuity products that align with the company’s long-term strategy.
FinanceFinancial ServicesInsurance
Responsibilities
Balance product profit, risk, and market competitiveness; help develop and test creative solutions to challenges encountered in product design, pricing, and implementation processes
Design and price products following existing profit and risk management guidelines and procedures
Oversee and run pricing models covering all major product types: Variable annuities, Fixed-Indexed annuities, Index-Linked Variable annuities, and Fixed annuities
Support pricing and analysis to support profitable growth across portfolio of actively sold retail annuity products
Reflect on and incorporate industry, regulatory, and market trends into the product development cycle
Synthesize and integrate data and analysis into a cohesive story that drives insights and supports business decisions and execution of our product strategy
Collaborate with other stakeholders (e.g., product strategy, product innovation, sales & distribution, finance & risk, investment) to develop solutions to better support our growing product development needs
Embody a mindset of continuous improvement to identify enhancements of tools and processes that can further facilitate and streamline pricing analysis
Qualification
Required
FSA designation
Bachelor's Degree in Actuarial Science, Mathematics, or similar field
At least 8 years of actuarial experience, preferably with several years of working with actuarial projections supporting pricing and/or risk management
Excellent written and verbal communication, as well as leadership skills. Ability to present complex information in a clear and concise manner to various audiences, including senior management
Strong organizational, time management, and interpersonal skills
Ability to work collaboratively as part of a team
Preferred
Previous people leadership experience, managing a small team
Effectively managing multiple projects and deliverables simultaneously
A natural curiosity to discover root drivers of profit and risk
Perform detail-oriented analysis to substantiate reasonability of results
Benefits
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
Company
Pacific Life
Pacific Life Insurance is an insurance company that provides life insurance products, annuities, and mutual funds.
1001-5000 employees
H1B Sponsorship
Pacific Life has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (14)
2024 (9)
2023 (16)
2022 (19)
2021 (14)
2020 (17)
Funding
Current Stage
Late StageTotal Funding
$1.44B2025-09-03Debt Financing· $750M
2025-06-18Debt Financing· $688.57M
Leadership Team
Howard Hirakawa
Senior Vice President, Fund Advisor Operations
Joe Krum
Senior Vice President & Managing Director, Global Institutional Investment Group
Recent News
Private Capital Journal
2025-12-05
2025-11-22
Company data provided by crunchbase