Senior Actuary; FSA - Annuity Rate

Position: Senior Actuary (FSA) - Annuity Rate Setting
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* Job Description:

** Pacific Life is seeking a
** Senior Actuary (FSA) to join our Annuity Rate Setting team within the Consumer Markets Division**. In this role, you will help own and execute annuity rate actions that directly influence sales outcomes, profitability, and risk.
** This role is hybrid, based out of Newport Beach, CA or Omaha, NE.
** You’ll support the end‐to‐end execution and evolution of annuity rate management, partnering closely with Sales, Investments, Hedging, Finance, and Risk to balance competitiveness with long‐term financial discipline.

This is a hands‐on, judgment‐driven position for an actuary who wants meaningful ownership of decisions - not just process execution - and clear visibility into how actuarial work impacts business results. Success in this role is reflected in timely, well‐supported rate actions that balance competitiveness, profitability, and risk.##
** How you’ll help move us forward:
**** Rate Setting & Financial Execution
*** Execute and oversee recurring annuity rate‐setting activities with accuracy, discipline, and strong controls
* Analyze movements in returns and profitability, clearly explaining key drivers and implications
* Support asset, duration, and yield alignment in partnership with Investments and Risk
* Apply strong reasonability checks and professional judgment to validate results
** Sales Alignment via Rate Management
*** Partner with Sales to ensure rate actions align with sales goals through a clear rate management strategy
* Frame rate recommendations around tradeoffs between competitiveness, profitability, and risk
* Translate actuarial results into clear implications for sales outcomes and market positioning
** Analysis, Ownership & Influence
*** Investigate moderately complex issues and develop pragmatic, well‐reasoned recommendations
* Explain downstream financial and business impacts of rate and assumption changes
* Present clear, decision‐ready insights to leadership to support rate actions
* Provide peer review and technical guidance to support consistent, high‐quality actuarial output
** Process Discipline & Stakeholder Partnership
*** Own components of the rate‐setting process, not just individual tasks
* Identify and implement process, methodology, and automation improvements
* Maintain strong documentation and control discipline around rate‐setting decisions
* Communicate clearly with both technical and non‐technical stakeholders and proactively manage expectations##
** The experience you bring:**
* ** FSA required (Fellow of the Society of Actuaries)**
* ** 6+ years of actuarial experience, with a strong preference for annuities, pricing, rate management, or related areas**
* ** Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative field
*** Ability to work independently with data using SQL and modern analytics or BI tools (e.g., Python, Tableau, or Power BI) as part of day‐to‐day decision‐making
* Demonstrated ability to apply sound judgment in ambiguous or imperfect situations
* Clear, concise communicator able to explain “what changed, why, and what it means”
* Ownership mindset with accountability for outcomes##
** What makes you stand out:
*** Experience aligning actuarial outcomes with sales objectives through rate management
* Comfort balancing competitiveness and profitability under real constraints
* Track record of improving or modernizing actuarial processes
** 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.$ - $
** 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,…