Senior Actuary (FSA) - PRT Pricing jobs in United States
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Pacific Life · 3 months ago

Senior Actuary (FSA) - PRT Pricing

Pacific Life is a leading insurance company committed to providing for loved ones and planning rewarding retirements. The Senior Actuary will lead the pricing of transactions for the Pension Risk Transfer business, collaborating with various teams to enhance pricing processes and ensure compliance with regulations.

FinanceFinancial ServicesInsurance
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Comp. & Benefits
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H1B Sponsor Likelynote

Responsibilities

Collaborate with Product and Sales teams to develop strategic bidding strategies tailored to achieve divisional sales and Pacific Life enterprise goals
Ensure accurate review and interpretation of defined benefit plan documents and summaries to understand plan provisions
Collaborate with sales and operations throughout the PRT life cycle from bid acceptance to onboarding and inforce management. Present and defend pricing results to key stakeholders, including head of pricing, risk management, and other senior management to receive support for transactions
Perform pricing and sensitivity analysis for PRT cases. Monitor and review actuarial pricing models to ensure accuracy and compliance with regulations
Ensure adherence to company policies and procedures
Continue to enhance a sustainable and smooth target operating model for pricing transaction processes
Continuously improve efficiency in the pricing process and develop insights and analytics to facilitate data driven and risk smart decision making
Document projects in accordance with established guidelines
Comply with standards declared by the Actuarial Standards Board and other applicable bodies (SEC, Accounting Standards Board, etc.), as well as the requirements of state and federal regulations
Deliver information required to support regular decision-making processes in a timely and accurate manner
Perform other duties assigned by management and actuarial projects in support of the Pension Risk Transfer business

Qualification

FSA designationPension Risk Transfer experienceActuarial modeling systemsMicrosoft ExcelProgramming RProgramming PythonProgramming VBAData visualization toolsCommunication skillsProblem-solving skillsDetail orientedTeam collaboration

Required

Recent FSA designation
Bachelor's degree in Actuarial Science, Finance, Mathematics, Computer Science, or related field or equivalent work experience
Strong written and oral communication skills, including the ability to communicate to a wide range of stakeholders with different backgrounds and at executive levels
Well organized with proven experience in handling multiple projects and meeting tight deadlines
Strong problem-solving skills, excellent strategic and critical thinking
Detail oriented with ability to work independently and collaboratively as part of a team
Ability to deliver timely, organized, and consistent results
Proficiency in Microsoft Excel is required
Strong written and verbal communication skills

Preferred

Direct experience with Pension Risk Transfer or Annuity products
Thought leader with a continuous improvement mindset, able to creatively drive enhancements to current practices and methodologies
Ability to multi-task with shifting priorities, with a strong sense of urgency under tight deadlines
Self-starter with strong analytical skills and attention to detail
Preferred skills include programming experience (R, Python, VBA), data visualization tools (Tableau, Power BI), and database management (SQL, Snowflake)
Experience with actuarial modeling systems, particularly Prophet, including Prophet coding, results analysis, and adhering to model best practices

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

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Pacific Life Insurance is an insurance company that provides life insurance products, annuities, and mutual funds.

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 Stage
Total Funding
$1.44B
2025-09-03Debt Financing· $750M
2025-06-18Debt Financing· $688.57M

Leadership Team

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Howard Hirakawa
Senior Vice President and Fund Advisor Operations
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Joe Krum
Senior Vice President & Managing Director, Global Institutional Investment Group
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Company data provided by crunchbase