This Job Vacancy has Expired!

Senior Actuarial Analyst

Posted on May 18, 2019 by Pacific Life

Newport Beach, CA 92658
Information Technology
Immediate Start
Annual Salary
Full-Time
Currently, we are seeking a talented Senior Actuarial Analyst to join the Retirement Solutions Division based in Newport Beach, CA.

The Retirement Solutions Division leverages its strengths in product development, technology, services and risk management to create retirement solutions for individuals, families, and businesses. With the guidance of financial professionals, customers have access to an array of annuities and mutual funds designed to help grow assets and to provide retirement income for financial independence.

RESPONSIBILITIES:
As part of the variable annuity valuation team within the Retirement Solutions Division, the incumbent will be responsible for financial reporting and valuation projects related to the company's variable annuity products.

Specific job duties include:
  • Support statutory and GAAP financial reporting by calculating and analysing reserves, required capital, and deferred acquisition cost
  • Help explain financial results by building and maintaining analytic tools
  • Maintain accuracy and reliability of valuation processes by designing, enhancing, and/or implementing process controls
  • Maintain documentation of valuation processes and methodologies
  • Test and quantify the financial impact of valuation assumption and model changes
  • Assess the financial impacts of new products, riders, reinsurance treaty terms, and/or valuation methodologies
  • Support requests from auditors, regulators, state examiners, IRS, and other interested parties
FACTORS FOR SUCCESS:
  • Bachelor degree in actuarial science, finance, mathematics or related field or equivalent work experience
  • 1-3 years of actuarial or related work experience
  • Passed 3+ SOA exams toward the ASA designation
  • Excellent quantitative, analytical and problem-solving skills
  • Strong organizational, communication and interpersonal skills
  • Ability to work independently and collaboratively as part of a team
  • Experience with Excel, VBA, and databases
  • Experience using MoSes or another actuarial modelling software a plus
  • Working knowledge of variable annuities with guaranteed benefits a plus
  • Working knowledge of US GAAP and statutory valuation for variable annuities a plus
Celebrating 150 years of service in 2018, Employer offers life insurance, annuities, and mutual funds, along with a variety of investment products and services, all of which provide The Power to Help You Succeed. We firmly believe each employee plays a part in our continued growth and success, and we pride ourselves in providing a work environment that is challenging, inclusive, collaborative, and results-oriented. With a powerful past and a strong future, Employer offers an environment where you're empowered to achieve your personal best. In return, we look to your passion and insight to help us grow. For additional company information, including current financial strength ratings, visit our website. Join the Employer team and watch your career grow! We offer a competitive compensation and benefits package that includes: Competitive salary and bonus program Medical, dental, and vision as part our commitment in 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 vacation time and holiday pay And much more!Employer 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 Employer Insurance Company.

Reference: 708078885

Similar Jobs

Senior Actuarial Analyst - Network Analytics

Wisconsin, WI

Annual Salary