Director & Actuary at Pacific Life in Omaha, Nebraska

Posted in Other 24 days ago.





Job Description:

Job Description:

Director & Actuary - ALM

Pacific Life is investing in bright, agile and diverse new talent to ensure we continue to innovate and strengthen relationships with our policyholders. That's why we're actively seeking a Director & Actuary to join our team and take part in our people-first culture.

As a Director & Actuary, you'll play a key role in Pacific Life's growth and long-term success by managing and monitoring financial risks within the division. Two broad key functions of the group include managing financial risk and monitoring and communicating financial risk. The team is responsible for overseeing cap and credit rate management, hedging, asset/liability portfolio management and reporting.

Here, we believe you should be given the time, space, and trust to do your best work - your way. As part of our transition toward a more digitally oriented, inclusive and employee-focused company, we're opening this role to candidates near Newport Beach, CA; Omaha NE or Lynchburg, VA as well as those looking to work 100% remote.

How You'll Contribute

  • Fostering strong relationships with colleagues in Finance, Product Design, Risk Management, Investment Management, and Treasury; and serving as a liaison between these areas to facilitate understanding across different functions


  • Overseeing the design and development of Portfolio Management and Reporting. This includes:

  • Managing and monitoring divisional market risk exposure and leading communication with risk management committees, working groups and senior management

  • Lead the design and scoping of ALM tools, dashboards, and reports to help calculate, analyze, and communicate risk and financial metrics for both assets and liabilities


  • Providing investment analysis support during Financial Reporting

  • Lead divisional representative for enterprise cash management through forecasts and monitoring

  • Provide ALM expertise to Valuation, Plan, and Spread Management by providing projected views of portfolio yields

  • Working closely with Product Design and ERM teams to establish risk management techniques and monitoring so we can appropriate price and manage the product

  • Performing capital markets and actuarial research and studies to investigate underlying risk drivers of the products and asset portfolios; Developing risk mitigation solutions to address these risk drivers


Tech & Tools You'll Use
Microsoft Excel, Microsoft Access, MG-ALFA, Prophet, PolySystems, Alteryx


Factors for Success


  • FSA/ASA or CFA designation in the Society of Actuaries

  • 7+ years of actuarial experience in life insurance industry, life products preferred

  • Strong understanding of financial concepts, statutory, GAAP, and/or economic capital framework

  • Effective verbal and written communication skills, including the ability to communicate complex issues to non-technical audience

  • Collaborates effectively with colleagues on cross-functional projects and initiatives

  • Demonstrated knowledge of software such as MG-ALFA or other modeling software is preferred

  • Self-starter with good time-management skills

  • Can effectively lead teams and projects comprised of direct reports or peers

  • Position will be assigned based on adequate qualification of candidate


At Pacific Life, the work we do matters. That's why you'll find those who work passionately each day to drive our company forward enjoy job security, flexible scheduling and great opportunities for career growth. If you're seeking a thriving career doing the type of meaningful work that's all too rare at a Fortune 300 Company, you're the perfect cultural fit for our team.

#LI-AI1

How We Help You Succeed:

We're fostering a culture of shared values across our company by providing generous compensation and comprehensive benefits that allow our employees to find fulfillment and security in personal life and career alike. These include:


  • Competitive Salary and Benefits


  • Work-Life Balance & Flexible Scheduling


  • Medical, dental, and vision as part our commitment to investing in the health and wellbeing of our employees


  • Two retirement savings plans: 401k savings plan with company match and Company Retirement Contribution (company-paid)


  • Generous PTO and holiday pay


  • Warm Colleagues & Inspiring Culture


EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.