
Para Actuarial Analyst
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.
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
Python
R
Prophet
Time Management Skills
MS Excel skills
VBA coding
PolySystem
Verbal communication
Prioritizing skills
written communication
Problem Solving Skills
Detail Oriented and Organized
Multi-tasking
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.
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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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