Pacific Life · 14 hours ago
Director, ALM Strategy and Optimization
Newport Beach, CA
Full-time
Hybrid
Mid, Senior Level
$199K/yr - $243K/yr
7+ years expPacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. The Director, ALM Strategy & Optimization will lead a team of actuaries and financial professionals to manage enterprise-wide risk and competitiveness while collaborating with various teams to develop and implement ALM strategies.
FinanceFinancial ServicesInsurance
Responsibilities
Motivating and leading a talented team of actuaries and cross collaborating with investment and technical professionals in continually striving to optimize Pacific Life’s ALM strategy
Through the use of ALM model projections and analysis, modeling assessing ALM strategies and risk positioning across economic, GAAP and Statutory (US and BMA) frameworks
Collaborate with the AVP ALM Strategy and Investment and Product Solutions (IPS) Team in development of new capital efficient and economically advantageous ALM solutions
Effectively communicating ALM strategic analysis to key stakeholders
Monitoring, maintaining and continuously evolving ALM strategic playbooks to manage risks related to market risk exposure, investment allocation and asset transfers
Actively collaborating with teams across the enterprise including Capital Management, Liquidity, Investment, IPS, Risk Management and Valuation to develop, evaluate and challenge explicit strategic ALM decisions or decisions impacting ALM strategy
Conducting R&D on different ALM strategies, methodologies, enhancements, etc. across economic, GAAP and Statutory (US and BMA) frameworks
Supporting R&D initiatives for product development, capital management, reinsurance optimizations, asset allocation and more
Supporting development, review, and challenge of market assumptions within the assumption governance framework
Qualification
Required
7+ years experience with thorough knowledge of life insurance business, investments, financial markets and risk management
1-2 years of experience in developing quantitative ALM or hedging strategies
1-2 years of experience in managing and executing ALM strategies or hedge programs
1-2 years of experience in overseeing market risks and mitigation programs
Solid experience in financial concepts, Statutory, GAAP, economic value/capital
Strong analytic skills to analyze market risk exposures and mitigation programs across the Enterprise
Experience with coding, specifically Python, and modeling
Ability to effectively communicate across complex financial concepts and risk management solutions to audiences with varying levels of familiarity with capital markets and actuarial concepts
Strong written and verbal communication skills to effectively represent ALM positioning and strategies
Fellow of Society of Actuaries (FSA) or Chartered Financial Analyst (CFA) and additional training on financial engineering, quantitative finance
Preferred
Experience with U.S. and Bermuda Regulatory Frameworks as they relate to ALM, a plus
Experience in ALM concepts, modeling and implementation
Ability to collaborate immediately across functional areas
Experience working across diverse teams
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