Support the GAAP Director in managing the quarter-end deliverables through effective tracking, delegation of tasks and resolution of issues
Perform quarterly calculations of GAAP balances for life insurance products (LFPB, DPL, DAC & URR, SOP 03-1, PFBL, PHAB, FAS133 reserves)
Serve as a subject matter expert on GAAP and how GAAP balances for life insurance products are impacted by changes in economic or business conditions
Perform analysis to educate senior management and other stakeholders of GAAP impacts and expectations
Foster the development of team members through coaching & training and engaging in regular review & feedback on team members’ work product
Ensure compliance of GAAP processes with both internal and regulatory governance standards through robust controls and documentation
Serve as one of the main point of contact for internal and external audit requests
Identify and pursue opportunities to improve GAAP metrics, analytics & insights for life insurance products, including the exploration of AI applications
Provide support for industry-wide GAAP working group projects and assist with ad-hoc projects in the Valuation area

Requirements

Bachelor’s degree in actuarial science, Mathematics, Finance, Economics, Data Science or related field
Fellow of the Society of Actuaries (FSA) designation required
Strong analytical, interpersonal, and communication skills (both verbal and written)
Effective time management and multi-tasking skills
6+ years' actuarial experience
Experience with actuarial modeling systems such as FIS Prophet
Experience with actuarial transformation or modernization initiatives
Familiarity with US GAAP and/or Targeted Improvements requirements
Prior valuation experience

Benefits

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs.
Prioritization of your health and well-being including 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

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

GAAPactuarial modelingFIS Prophetvaluationanalyticsdata analysisfinancial calculationsrisk assessmentAI applicationscompliance

Soft Skills

analytical skillsinterpersonal skillscommunication skillstime managementmulti-taskingcoachingtrainingfeedbackproblem-solvingdelegation

Certifications

Fellow of the Society of Actuaries (FSA)