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Actuary & Director - Regulatory Affairs

Pacific Life
life insurance, parental leave, paid time off, 401(k)
United States, California, Newport Beach
700 Newport Center Drive (Show on map)
Jan 23, 2025

Job Description:

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. It's a big ask, but it's one that we have the power to deliver when we work together. We collaborate and innovate - pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it's the right thing to do. Pacific Life is more than a job, it's a career with purpose. It's a career where you have the support, balance, and resources to make a positive impact on the future - including your own.

We're actively seeking a talented Actuary & Director to join our Enterprise Actuarial Governance team in Newport Beach, CA; or Omaha NE.

  • This role is hybrid. We believe in empowering our employees to get work done both in and out of the office.

As an Actuary & Director you'll move Pacific Life, and your career, forward by monitoring and influencing industry regulatory activities. You will fill an existing role that sits on a diverse team of five in the Enterprise.

How you'll help move us forward:

  • Collaborate with senior division actuaries and management, government relations, and senior enterprise management to develop company positions and advocacy strategies on financial and product regulatory issues.

  • Influence and monitor through active participation in industry trade association committees and /or through direct advocacy working with the government relations department.

  • Actively participate in professional activities supporting sound regulatory reform and actuarial professionalism through organizations such as the Academy and SOA.

  • Attend relevant regulatory meetings and conference calls and report internally on key developments.

The experience you bring:

  • An FSA designation.

  • Member of the American Academy of Actuaries.

  • Strong communication skills, both written and verbal.

  • Interpersonal skills, demonstrating ability to build effective relationships, collaborate and influence.

  • Working knowledge of US regulatory framework; Valuation, RBC, Reinsurance, Statutory Accounting.

What makes you stand out:

  • Valuation experience and exposure to Principles Based Reserves.

  • Industry involvement, specifically with the American Academy of Actuaries, ACLI or NAIC LATF.

  • Driving projects to completion while relying on Subject Matter Experts to provide content.

  • Willingness to be outspoken and advocate company position in large groups.

You can be who you are.

People come first here. We're committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

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Base Pay Range:

The base pay range noted represents the company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

$193,950.00 - $237,050.00

Your Benefits Start Day 1

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. Whether you are focusing 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 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

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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