Pacific Life Insurance

700 Newport Center Dr, Newport Beach, CA 92660, USA
Full-TimeDepends on ExperienceSenior LevelBachelors
Job Description

Lead the exploration and testing of innovative hedging strategies to effectively manage complex exposures that combine Actuarial, Financial, and Capital Market risks. Oversee the day-to-day operations and analysis of the company’s VA & FIA hedge programs and ensure that operational and model risk management standards are adhered to with discipline. Continually challenge the risk mitigation techniques and procedures in RSD Risk Management fostering innovation and optimization of hedging approaches. Provide timely and relevant updates on the competition. Monitor industry press releases and other sources to keep management apprised of changes to strategy and/or risk management techniques of peers. Proactively identify issues/areas of improvement and emerging issues/products/hedging instruments to facilitate better risk mitigation across RSD. Provide input and support to RSD’s CRO through clear and timely communication of hedge program performance and strategy mitigation innovations.

Where is this job?
This job is located at 700 Newport Center Dr, Newport Beach, CA 92660, USA
Job Qualifications
  • Ability to work in a cross-functional team environment and to manage small to medium-sized projects

  • 10+ years of actuarial experience in the insurance, financial services, annuities, or securities

  • Prior staff management experience, including experience directing work of technical actuarial staff, is desirable.

  • Significant experience in developing quantitative derivative strategies and VA hedging is desirable

Required Skills
  • MS Word

  • MS PowerPoint

  • Time Management Skills

  • MS Excel skills

  • Compliance reporting skills

  • Data analysis and presentation skills

Soft Skills
  • Verbal communication

  • Prioritizing skills

  • written communication

  • Problem Solving Skills

  • Detail Oriented and Organized

  • Multi-tasking

Compensation

According to JobzMall, the average salary range for a AVP, Hedging in 700 Newport Center Dr, Newport Beach, CA 92660, USA is $119,000 to $145,000 per year. This salary range is based on the current job market and the experience and qualifications of the individual.

Additional Information
Pacific Life Insurance is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedMarch 12th, 2021
Apply BeforeMay 22nd, 2025
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About Pacific Life Insurance

Pacific Life Insurance Company is an American insurance company providing life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans.

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