Actuary and Director Modeling - Modeling Projects and Automation

Job Description:

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.

We’re actively seeking a talented Actuary and Director Modeling - Modeling Projects and Automation to join our Enterprise Modeling Team in Newport Beach, CA or Omaha, NE.  This role can be on-site or hybrid.  Candidates open to relocating to Newport or Omaha are encouraged to apply.

Job Overview:

The Actuary and Director Modeling - Modeling Projects and Automation is a key leader within the Modeling Projects team focused on large-scale modeling projects and production process automation. This role has overall accountability for model development of actuarial models using Prophet software, ensuring that models are trustworthy, scalable, and successfully implemented into efficient production operations. You will join a team of 6 on the Modeling Projects team within the Enterprise Modeling organization and will work closely with the Inforce Model Development team, the Model Steward team, IT Platforms / Data, valuation, pricing, and model users across the organization supporting all PL product lines. 

Candidates who meet most but not all the requirements are encouraged to apply. Actual job offer and title will be based on level of experience and skillset. 

How you will make an impact: 

• Automation, Process Architect, and Actuarial Solution Design: Strategic design lead on end-to-end actuarial production process, including technical design, optimization, and innovation of models, development processes, and production architecture. Design the architecture of production model integration with upstream and downstream data and IT processes, both within the Prophet Suite of applications as well as with external actuarial systems and processes. 

• Scalability and Performance Optimization: Lead efforts to optimize actuarial models and processes for scalability and performance, ensuring they can handle large-scale data and complex calculations efficiently. 

• Advanced Automation Techniques: Implement advanced automation techniques, including machine learning, AI-driven automation, to enhance actuarial model development and production processes. 

• Project Management: Oversee the planning, execution, and delivery of modeling projects, ensuring alignment with organizational objectives. 

• Model Design and Development: Implement new product lines, major regulatory changes, and new use cases into models leveraging best practices and consistent, scalable approaches. 

• Modeling Team Leadership: Lead development and peer review changes made by other developers and act as an internal Prophet expert for your colleag