
AVP, Pricing – Institutional Products
Pacific Life
full-time
Posted on:
Location Type: Hybrid
Location: Newport Beach • California • North Carolina • United States
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Job Level
About the role
- Own product pricing for strategic build out of the DCLI market, balancing profitability, risk, and competitiveness while supporting growth in a developing product space.
- Oversee pricing for our Stable Value portfolio, ensuring profitability, appropriate risk assessment, and alignment with strategic expansion goals.
- Partner with Product to evaluate emerging opportunities, providing pricing insight and recommendations even when information is incomplete or evolving.
- Ensure pricing is executed in accordance with established profitability, governance, and risk management frameworks.
- Oversee the development and enhancement of pricing models for new institutional products, including ownership of pricing assumptions and methodologies.
- Incorporate changing industry, regulatory, and market dynamics into pricing frameworks and product recommendations.
- Translate complex actuarial and financial analyses into clear, actionable insights that support leadership decision-making and product strategy.
- Collaborate with cross functional stakeholders—including Product, Sales, Finance & Risk, and Investments—to support delivery of our institutional strategic objectives.
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
- Fellow of the Society of Actuaries (FSA) designation
- 10+ years of experience in a leadership role pricing US annuity product, ideally in the DCLI market
- Strong critical thinking skills, ability to lead through ambiguity, and solution-oriented approach to problem solving
- Demonstrated leadership experience with the ability to coach, mentor, and develop actuarial talent
- Strong communication skills with the ability to simplify complex concepts and present to a variety of audiences, including senior leadership
- Proven ability to build relationships and influence across teams and business areas
- Excellent organizational and prioritization skills, with the ability to manage multiple initiatives in a dynamic environment.
Benefits
- Prioritization of your health and well-being including 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.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
pricing modelsactuarial analysisfinancial analysisrisk managementprofitability assessmentdata analysisstatistical methodsmathematical modelingproduct pricingUS annuity products
Soft Skills
critical thinkingleadershipcoachingmentoringcommunicationrelationship buildinginfluenceorganizational skillsprioritizationproblem solving
Certifications
Fellow of the Society of Actuaries (FSA)Bachelor’s degree in Actuarial ScienceBachelor’s degree in MathematicsBachelor’s degree in Statistics