Actuary, Director – Enterprise Assumption Review

Pacific Life

Actuary & Director driving actuarial assumption reviews and collaborating across departments at Pacific Life. Manage biometric assumptions for multiple product lines and global markets.

Posted 5/20/2026full-timeNewport Beach • California, New York, North Carolina • 🇺🇸 United StatesLead💰 $203,760 - $249,040 per yearWebsite

Tech Stack

Tools & technologies

Python

About the role

Key responsibilities & impact

Drive Pacific Life, and your career forward by collaborating across the enterprise to review actuarial assumptions, partner with first-line developers and key stakeholders (including Risk, Pricing, and Valuation), develop challenger models, and strengthen controls and governance.
Act as the lead or supporting reviewer of enterprise biometric (or policyholder behavior) assumptions, spanning multiple product lines and geographic markets world-wide, reinforcing the first line of defense.
Identify and highlight areas of inconsistencies for assumption developers.
Recognize business implications and ensure that assumptions are well rounded and holistic.
Maintain comprehensive enterprise-wide guidance and champion best practices for assumption monitoring, experience studies and assumption development.
Collaborate with stakeholders in the first-line development and actuarial communities, and second-line risk pillars.
Deliver and support comprehensive peer review reports, detailing effective challenges to the suitability of data selection, analytical methodologies, actuarial judgment, and verifying the analysis.
Engage in projects aimed at streamlining assumption governance, enhancing efficiency and consistency in processes.
Support on assumption development tracking, creating a regulated process around assumption impacts, and creating PowerPoint slides for assumption updates and approvals.
Build strong relationships with key stakeholders to enhance assumption monitoring, development, and deployment across various different purposes.
Support and influence the development and future path of the assumption governance framework.

Requirements

What you’ll need

7 + years of actuarial experience with an FSA or equivalent designation
Expertise in assumption setting and experience study methodologies, industry best practices, and statistical analysis
Excited to work in a role that involves predictive modeling, machine learning, and AI
Exhibit courage in identifying and addressing potential issues, providing effective challenge, and asking probing questions
Excellent analytical, problem-solving, and decision-making skills
Ability to present complex information in a clear and concise manner to various audiences, including senior management
Bachelor's degree in actuarial science, mathematics, finance, computer science or related field or equivalent work experience
Experience with R and Python
Experience working across different lines of business and products
Experience with Embedded Value and international reserving practices
Clear understanding of assumption governance principles

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

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

Hard Skills & Tools

actuarial experienceassumption settingexperience study methodologiesstatistical analysispredictive modelingmachine learningAIRPythonEmbedded Value

Soft Skills

analytical skillsproblem-solving skillsdecision-making skillscommunication skillsrelationship buildingcourageeffective challengepresentation skills

Certifications

FSA