Pacific Life · 2 days ago
Director Actuary - Index Hedging
Newport Beach, CA
Full-time
Hybrid
Mid, Senior Level
$199K/yr - $243K/yr
7+ years expPacific Life is a company dedicated to providing for loved ones and planning rewarding retirements. They are seeking a Director Actuary for Index Hedging Strategy and Operations to lead a team in developing and implementing index hedging solutions, while collaborating with various stakeholders to ensure effective operations.
FinanceFinancial ServicesInsurance
Responsibilities
Own the development, implementation, and operation of indexed account edging programs including IUL, FIA, and RILA
Effectively communicate hedging performance results to key stakeholders in Finance, Product Development, PLI Derivatives, Treasury, Inforce Management, etc. to ensure clear understanding on hedging financial impacts
Lead new indexed account product hedging strategy analysis, development, and ultimately the hedge program recommendation for approval
Partner with Product Development on new product market risks and hedging mitigation analysis, including exotic option pricing. Influence Product in their design through prioritizing and balancing hedge effectiveness and efficiency
Lead the indexed account hedging team through the development and implementation of enhancements to operational processes, controls, and governance
Proactively report, address, recommend for approval, and ultimately implement any hedge breakage solutions and program enhancements prioritizing and balancing process efficiency and effective governance while emphasizing innovation
Lead and develop a team of Actuarial and finance professionals that effectively contributes to the Hedging Team, Department, and PL goals
Qualification
Required
7+ years of experience with thorough knowledge of life insurance and annuity products and an FSA designation
Experience developing and managing hedging strategies or other risk mitigation programs
Ability to lead and develop a team under a shared vision
Strong analytical skills to analyze market risk exposures and develop risk mitigation programs
Solid experience in financial markets, investments, and quantitative finance, including option pricing
Strong written and verbal communication skills to effectively represent index hedging strategies and operations
Experience with Python, Bloomberg, Tableau, or related software
Preferred
Extensive experience in Hedging and ALM concepts
Ability to collaborate with a variety of different functional areas
Experience managing a diverse team and executing upon a shared vision
Benefits
Medical, Dental, Vision, and a 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