Actuary – Director, Model Risk Management

Pacific Life

Actuary & Director overseeing model risk for Life insurance at Pacific Life. Leading comprehensive reviews, providing recommendations, and ensuring robust governance practices.

Posted 6/16/2026full-timeNewport Beach • California, New York, North Carolina • 🇺🇸 United StatesLead💰 $203,760 - $249,040 per yearWebsite

About the role

Key responsibilities & impact

Lead comprehensive reviews of Life models and provide clear, practical recommendations to owners, senior leaders, and risk committees.
Raise the bar on methodologies and assumptions by challenging practices, identifying areas of potential risk and driving for meaningful improvements.
Provide expert guidance on efficient modeling techniques and robust governance practices, to bolster model risk management.
Collaborate with cross-domain subject experts to understand and impact the business more holistically and help advance Pacific Life’s model risk framework and practices.
Stay current on emerging practices, modeling techniques, technologies, and regulatory developments.

Requirements

What you’ll need

8+ years of actuarial experience with an FSA designation.
Deep experience in Life products, in areas of actuarial modeling, financial reporting, forecasting, pricing, or economic valuation.
Ability to challenge technical work constructively and influence senior leaders and technical teams.
Experience reviewing, validating, developing, or testing complex actuarial models.
Strong communication skills, including the ability to explain complex modeling issues in clear business language.
Strong project leadership, judgment, and stakeholder management skills.

Benefits

Comp & perks

Your Benefits Start Day 1
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 modelingfinancial reportingforecastingpricingeconomic valuationmodel risk managementmodel validationmodel developmentmodel testinggovernance practices

Soft Skills

communication skillsproject leadershipjudgmentstakeholder managementinfluencing skillsconstructive challengecollaborationclear explanationcritical thinkingproblem-solving

Certifications

FSA designation