Job Description:
Pacific Life is investing in bright, agile, and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We’re actively seeking a talented modeler to lead our RILA model development and join our Enterprise Modeling Team. This role can be on-site, hybrid, or 100% remote.
Responsibilities:
- Develop and oversee the model development and implementation of RILA models using Prophet modeling software
- Ensure that models are accurate, reliable, meet business requirements, and utilize modeling best practice approaches
- Perform model development and testing/debugging of Prophet models, peer review changes made by other team members, and act as an internal Prophet expert
- Collaborate with cross-functional project teams of developers, data/IT, and business stakeholders
- Communicate effectively with senior management and stakeholders regarding actuarial modeling results and insights
- Keep abreast of industry trends, regulations, and best practices in actuarial modeling and incorporate them into the implementation process
- Support and comply with all Model Risk Management initiatives, documentation, and standards
Experience:
- 6+ years of experience in actuarial modeling, with a focus on Prophet software implementation for the Annuity product line (RILA, VA, FIA, FA, IA)
- Bachelor’s in actuarial science, computer science, finance, mathematics, or related field
- Demonstrated leadership, communication, and interpersonal skills
- Strong modeling/actuarial platform skills, including FIS knowledge
- Familiarity with all components within FIS Insurance Risk Suite (i.e., PRD, DCS, PE, PP, PMCS)
- Advanced knowledge of Prophet libraries (e.g., US 360, ALS, Life and Health libraries)
- Ideally existing working relationships with FIS Insurance Risk teams and individuals
- Self-starter with the ability to develop solutions by collaborating with multiple business partners
- Detail-oriented with excellent organizational, communication, and interpersonal skills
- Excellent analytical, problem-solving, and decision-making skills
What will make you stand out:
- Excellent communication skills
- Experience with RILA, VA, and FIA annuity products
- Experience coding in Python, Visual Basic, and SQL
- Experience working with Azure DevOps, pipelines, and AWS
- Advanced knowledge and experience in Prophet, especially experience with asset and ALM modeling in Prophet
- Experience with ALM/Hedging
- ASA/FSA/CFA designation
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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