Director, Actuary – Annuity Pricing, Product Development

Pacific Life

. Balance product profit, risk, and market competitiveness; help develop and test creative solutions to challenges encountered in product design, pricing, and implementation processes.

Posted 4/26/2026full-timeNewport Beach • California, New York, North Carolina • 🇺🇸 United StatesLead💰 $203,760 - $249,040 per yearWebsite

About the role

Key responsibilities & impact

Balance product profit, risk, and market competitiveness; help develop and test creative solutions to challenges encountered in product design, pricing, and implementation processes.
Design and price products following existing profit and risk management guidelines and procedures.
Oversee and run pricing models covering all major product types: Variable annuities, Fixed-Indexed annuities, Index-Linked Variable annuities, and Fixed annuities (deferred and immediate).
Support pricing and analysis to drive profitable growth across portfolio of actively sold retail annuity products.
Reflect on and incorporate industry, regulatory, and market trends into the product development cycle.
Synthesize and integrate data and analysis into a cohesive story that drives insights and supports business decisions and execution of our product strategy.
Collaborate with other stakeholders (e.g., product strategy, product innovation, sales & distribution, finance & risk, investment) to develop solutions that foster strategic growth.
Embody a mindset of continuous improvement to identify enhancements of tools and processes that can further facilitate and streamline pricing analysis.
Independently lead dynamic and multi-faceted projects, with responsibility to present final design, pricing, and risk to cross-functional senior management.

Requirements

What you’ll need

Bachelor’s Degree in Actuarial Science, Mathematics, or similar field.
FSA designation.
At least 10 years of actuarial experience, preferably with several years of working with actuarial projections supporting annuity pricing and/or risk management.
Excellent written and verbal communication, as well as leadership skills.
Ability to present complex information in a clear and concise manner to various audiences, including senior management.
Strong organizational, time management, and interpersonal skills.
Ability to work collaboratively as part of a team.

Benefits

Comp & perks

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.

ATS Keywords

✓ Tailor your resume

Applicant Tracking System Keywords

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

Hard Skills & Tools

actuarial projectionspricing modelsrisk managementdata analysisproduct designproduct pricingportfolio analysiscontinuous improvementfinancial analysisstatistical modeling

Soft Skills

communicationleadershiporganizational skillstime managementinterpersonal skillscollaborationpresentation skillsproblem-solvingstrategic thinkingadaptability

Certifications

FSA designation