Actuarial Modeling Director – Prophet Implementation
Pacific Life
This is a Contract position in Newport Beach, CA posted May 23, 2023.
Job Description:
Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We are actively seeking a talented Prophet Implementation Modeling Director to join our Consumer Markets Division Modeling team. This role can be on-site, hybrid, or 100% remote.
The Prophet Implementation Director is a key leader within the Modeling Projects team focused on Prophet implementation of Life and Annuities products for valuation, forecasting and ALM models from legacy systems. This role has overall accountability for model development of actuarial models using Prophet software, ensuring that models are accurate, reliable, meet business requirements and ensuring successful transition through user acceptance testing and production. You will fill a new role that sits on a team of 5 people in the Consumer Markets division. You will work closely with actuarial developers, data/IT, valuation, pricing, and modeling teams.
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:
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Oversee the model development and implementation of actuarial models using Prophet modeling software
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Ensure that models are accurate, reliable, meet business requirements and utilize modeling best practice approaches
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Perform model development and testing/debugging of Prophet models, peer review changes made by other team members and act as an internal Prophet expert for your colleagues
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Lead team of actuarial developers in the implementation process
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Collaborate with cross-functional project team of developers, data/IT and business stakeholders
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Communicate effectively with senior management and stakeholders regarding actuarial modeling results and insights
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Keep abreast of industry trends, regulations, and best practices in actuarial modeling and incorporate them into the implementation process
The experience you will bring:
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Demonstrated leadership, communication, and interpersonal skills
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Strong modeling / actuarial platform skills, including FIS knowledge, including:
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Familiarity with all components within FIS Insurance Risk Suite (i.e., PRD, DCS, PE, PP, PMCS)
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Advanced knowledge of Prophet libraries (e.g., P360, ALS, Life and Health libraries)
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Ideally existing working relationships with FIS Insurance Risk teams and individuals
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Bachelor’s degree in actuarial science, mathematics, statistics, finance, engineering, computer science or another quantitative related field is preferred
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FSA, ASA, or strong insurance background
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10+ years of experience in actuarial modeling, with a focus on Prophet software implementation
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Strong analytical and problem-solving skills
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Ability to drive tight deadlines with thoughtful planning and effective execution
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Familiarity with SQL, Microsoft Excel, Alteryx, Tableau, Python and Visual Basic
What will make you stand out:
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Knowledge of predictive analytics a plus
Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife.
#LI-TM1 #LI-Remote
Base Pay Range:
The base pay range noted provides a basis to determine the appropriate offer dependent upon several factors including but not limited to geographic location, experience, skills, education and pay equity. Also, most employees are eligible for additional incentive pay.
$168,200.00 – $210,200.00 – $294,300.00
Your Benefits Start Day 1
Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.
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Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
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Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
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Paid Parental Leave as well as an Adoption Assistance Program
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Competitive 401k savings plan with company match and an additional contribution regardless of participation
EEO Statement:
Pacific Life 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 Pacific Life Insurance Company.
