Actuary & Director - Capital Risk Management
Pacific Life, Newport Beach, CA, United States
Job Description:
We're actively seeking a talented
Actuary & Director - Capital Risk Management
to join our Risk Management team in Newport Beach, CA. This role follows a hybrid schedule of four days in the office (on-site). If you are not currently located near one of our offices, we offer comprehensive relocation assistance.
As Actuary & Director - Capital Risk Management, you'll lead the development and execution of a comprehensive financial risk management framework that connects the company's core strategic objectives to its daily execution across pricing, capital management, liquidity management, and other areas.
You will lead and evolve the company's Economic and Capital Stress Testing Frameworks, partnering with stakeholders across functions, global offices, and legal entities to maintain robust frameworks that influence real actions. This is an individual contributor role that relies on deep subject‑matter expertise to provide thought leadership, influence outcomes, and mentor others across the organization.
How you'll help move us forward
Lead the development and maintenance of the Company’s Capital Stress Testing Framework.
Support updates to the Economic Framework through cross‑functional collaboration and development of working methodology examples.
Perform thorough review of results associated with capital stress testing and economic capital, including providing effective challenge as appropriate to ensure consistent application of the principles of each framework across the Company’s global businesses.
Partner with 1st line teams to drive consistent application of the Economic Framework and Capital Stress Testing Framework with thoroughly documented standards of implementation.
Translate complexity into clear takeaways for senior audiences including the Enterprise Risk Committee and Board Investment & Finance Committee, provisioning capital stress testing analysis and key drivers of capital exposure.
The experience you bring
10+ years of relevant experience in the life insurance or reinsurance industry.
Fellow of the Society of Actuaries (FSA) or equivalent actuarial qualification.
Education: Bachelor's in actuarial science, mathematics, statistics, computer science, or related field.
Strong technical understanding of multiple insurance and reinsurance product types across regulatory and economic valuation and capital frameworks.
Excellent analytical and problem‑solving skills.
Strong communication skills.
Demonstrated ability to drive forward cross‑functional initiatives.
Technical ability and confidence to provide thorough effective challenge when reviewing capital‑related results and framework updates.
What makes you stand out
Prior experience in enterprise risk management, capital management, or asset liability management function.
Strategic mindset with intellectual curiosity.
Willingness to challenge the status quo.
Base Pay Range $203,760.00 - $249,040.00
Your Benefits Start Day 1 Your wellbeing is important to Pacific Life, and we’re committed to providing flexible benefits that you can tailor to meet your needs. Whether you focus on your physical, financial, emotional, or social wellbeing, we’ve got you covered.
Prioritization of your health and well‑being including Medical, Dental, Vision, and Well‑being 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 401(k) savings plan with company match and an additional contribution regardless of participation.
You Can Be Who You Are We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
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.
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We're actively seeking a talented
Actuary & Director - Capital Risk Management
to join our Risk Management team in Newport Beach, CA. This role follows a hybrid schedule of four days in the office (on-site). If you are not currently located near one of our offices, we offer comprehensive relocation assistance.
As Actuary & Director - Capital Risk Management, you'll lead the development and execution of a comprehensive financial risk management framework that connects the company's core strategic objectives to its daily execution across pricing, capital management, liquidity management, and other areas.
You will lead and evolve the company's Economic and Capital Stress Testing Frameworks, partnering with stakeholders across functions, global offices, and legal entities to maintain robust frameworks that influence real actions. This is an individual contributor role that relies on deep subject‑matter expertise to provide thought leadership, influence outcomes, and mentor others across the organization.
How you'll help move us forward
Lead the development and maintenance of the Company’s Capital Stress Testing Framework.
Support updates to the Economic Framework through cross‑functional collaboration and development of working methodology examples.
Perform thorough review of results associated with capital stress testing and economic capital, including providing effective challenge as appropriate to ensure consistent application of the principles of each framework across the Company’s global businesses.
Partner with 1st line teams to drive consistent application of the Economic Framework and Capital Stress Testing Framework with thoroughly documented standards of implementation.
Translate complexity into clear takeaways for senior audiences including the Enterprise Risk Committee and Board Investment & Finance Committee, provisioning capital stress testing analysis and key drivers of capital exposure.
The experience you bring
10+ years of relevant experience in the life insurance or reinsurance industry.
Fellow of the Society of Actuaries (FSA) or equivalent actuarial qualification.
Education: Bachelor's in actuarial science, mathematics, statistics, computer science, or related field.
Strong technical understanding of multiple insurance and reinsurance product types across regulatory and economic valuation and capital frameworks.
Excellent analytical and problem‑solving skills.
Strong communication skills.
Demonstrated ability to drive forward cross‑functional initiatives.
Technical ability and confidence to provide thorough effective challenge when reviewing capital‑related results and framework updates.
What makes you stand out
Prior experience in enterprise risk management, capital management, or asset liability management function.
Strategic mindset with intellectual curiosity.
Willingness to challenge the status quo.
Base Pay Range $203,760.00 - $249,040.00
Your Benefits Start Day 1 Your wellbeing is important to Pacific Life, and we’re committed to providing flexible benefits that you can tailor to meet your needs. Whether you focus on your physical, financial, emotional, or social wellbeing, we’ve got you covered.
Prioritization of your health and well‑being including Medical, Dental, Vision, and Well‑being 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 401(k) savings plan with company match and an additional contribution regardless of participation.
You Can Be Who You Are We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
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.
#J-18808-Ljbffr