Actuary, Director – Annuity Product Innovation

Pacific Life

Actuary & Director developing competitive annuity products and solutions for Pacific Life. Leading research, pricing, and ensuring strategic alignment with market needs.

Posted 5/8/2026full-timeNewport Beach • California, New York, North Carolina • 🇺🇸 United StatesLead💰 $203,760 - $249,040 per yearWebsite

About the role

Key responsibilities & impact

Drive Product Research and Pricing Projects: Lead the design and pricing of innovative annuity products that are competitive and attractive in the marketplace.
Lead R&D Phase: Serve as the lead actuary during the research, development, and viability phases, providing actuarial solutions to challenges encountered in annuity product development.
Educational Materials Development: Actively participate in creating educational materials and tools for financial professionals and clients to clearly explain annuity features, benefits, risks, and retirement income trade-offs.
Ensure Strategic Alignment: Ensure the annuity product development process aligns with divisional and enterprise product, capital, and risk management strategies.
Feedback Collection and Analysis: Collect and analyze feedback on existing annuity products, market trends, and unmet customer needs to identify opportunities for enhancements or new offerings.
Risk Identification: Identify key risks, hedging considerations, and option trade-offs inherent in annuity designs to support sound decision-making.
Stakeholder Communication: Communicate clearly and proactively with stakeholders throughout early development stages to avoid late-stage issues or misalignment.
Technical Support: Provide technical support to implementation teams, including IT, Compliance, Marketing, and Operations, as needed.

Requirements

What you’ll need

8+ years of experience with a focus on annuity product development.
FSA designation.
Proven track record of delivering innovative, strategic annuity solutions to market.
Strong project leadership, collaboration, and cross-functional influence skills.
Exceptional analytical, strategic thinking, and problem-solving abilities.
In-depth knowledge of economic, regulatory, and market factors impacting annuity products and retirement income solutions.
Excellent communication and presentation skills.
Ability to thrive in a fast-paced, dynamic environment.
Extensive actuarial modeling experience and ability to review model results.

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

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Applicant Tracking System Keywords

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Hard Skills & Tools

actuarial modelingproduct developmentpricing strategyrisk managementdata analysismarket analysisstrategic planningfeedback analysistechnical support

Soft Skills

project leadershipcollaborationcross-functional influenceanalytical thinkingstrategic thinkingproblem-solvingcommunicationpresentation skillsadaptability

Certifications

FSA designation