Pacific Life

AVP, Pricing – Institutional Products

Pacific Life

full-time

Posted on:

Location Type: Hybrid

Location: Newport BeachCaliforniaNorth CarolinaUnited States

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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