Pacific Life Insurance

Para Actuarial Analyst

Pacific Life Insurance

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

Production of monthly, quarterly financial information on statutory, GAAP, and tax reserves for Pension Risk Transfer (PRT), Stable Value and Spread Lending. Assist in the construction and maintenance of valuation databases and preparation of data for business analytics and ad hoc requests Compiling responses to requests from State Department of Insurance, auditors, regulators, rating agencies, and other interested parties. Support the implementation of data controls and system improvements related to the quarterly and annual valuation. Assist in running projection models for RBC, Loss Recognition Testing (LRT), Business Plan and Asset Adequacy Analysis Support for Model Risk Management initiatives, including documentation, peer review exercises, and other best practices guidelines. Interaction with other functional departments as needed.

Where is this job?
This job is located at 700 Newport Center Dr, Newport Beach, CA 92660, USA
Job Qualifications
  • 2+ years of experience in insurance industry with working knowledge of payout annuity products and financial statements

  • Detail oriented with ability to work independently and collaboratively as part of a team

  • Related programming (R, Python), and database skills a plus

  • Experience with financial modeling systems

Required Skills
  • Python

  • R

  • Prophet

  • Time Management Skills

  • MS Excel skills

  • VBA coding

  • PolySystem

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 Para Actuarial Analyst in 700 Newport Center Dr, Newport Beach, CA 92660, USA is between $50,000 and $65,000. This range is based on the salaries of people currently employed in this field in the area. The range may vary depending on the individual's qualifications, experience, and employer.

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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