Senior Actuary – Life Profitability Management

Pacific Life

Senior Actuary responsible for life insurance portfolio management and profitability analysis. Collaborating across teams to optimize financial planning and drive insights with a focus on innovative strategies.

Posted 6/3/2026full-timeNewport Beach • California, New York, North Carolina • 🇺🇸 United StatesSenior💰 $144,810 - $204,236 per yearWebsite

Tech Stack

Tools & technologies

Tableau

About the role

Key responsibilities & impact

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most.
Collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better.
Play a key role in Pacific Life’s growth and long-term success through the active management of the inforce life insurance block, including the management of non-guaranteed elements, and building retention and remediation strategies around different business segments
Annual plan projections and quarterly re-forecasting for our life portfolio.
Analyze drivers of plan vs. actual results, providing clear explanations and actionable insights to the Financial Planning & Analysis (FP&A) team and senior management.
Monitor and interpret in-force performance metrics to identify profitability trends and any needed adjustments.
Assess the impact of non-guaranteed elements (e.g., credited rates) on earnings, giving management early line-of-sight into emerging opportunities or risks.
Oversee credited rate and index rate setting on the life business, using data-driven analysis.
Partner with Investments, Hedging and Finance to make decisions on rates and spreads and communicate results to management.
Collaborate with the Enterprise Modeling team to enhance our Prophet models (including coding updates and user acceptance testing).
Learn to apply rules of thumb and other estimations for non-modeled items and sensitivity analysis.
Work closely with Finance, FP&A, Asset-Liability Management (ALM), Reinsurance, and other stakeholders on enterprise initiatives involving the annuity in-force block.
Clearly communicate complex modeling results and recommendations to diverse audiences, from new team members to executive leadership, translating technical findings into actionable business terms.
Identify efficiencies and modernization opportunities in existing processes and lead implementation efforts.
Develop and utilize AI to drive insights into the business.
Serve as lead reviewer and coach for junior staff members on the team.

Requirements

What you’ll need

Bachelor’s degree in Actuarial Science, Mathematics, Computer Science, Data Science, other related fields.
FSA designation required.
Experience working with actuarial modeling software (Prophet preferred)
Experience working with large data sets (e.g., Alteryx, Snowflake) and data visualization software (e.g. Tableau).
Ability to work independently and collaboratively as part of a team, and to manage long-term projects.
Detail-oriented with excellent organizational and interpersonal skills.
Excellent analytical, problem-solving, and decision-making skills.
6+ years’ actuarial experience preferred
Experience with life insurance products and features
Knowledge of GAAP earnings, specifically LDTI
Understanding of different reinsurance agreements and treaties
Ability to drive discussion with senior leadership.

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 modelingdata analysissensitivity analysisfinancial forecastingprofitability analysisdata-driven analysisAI utilizationproject managementlife insurance product knowledgeGAAP earnings

Soft Skills

collaborationcommunicationanalytical skillsproblem-solvingdecision-makingorganizational skillsinterpersonal skillsdetail-orientedleadershipcoaching

Certifications

FSA designationBachelor’s degree in Actuarial ScienceBachelor’s degree in MathematicsBachelor’s degree in Computer ScienceBachelor’s degree in Data Science