Director, Model Risk - Financial & Actuarial Models

New Today

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. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better.
Is this the next step in your career Find out if you are the right candidate by reading through the complete overview below. We are actively seeking a talented Actuary & Director to join our Model Risk Management team in Newport Beach, CA; Omaha, NE; or Toronto. This role is onsite. Relocation assistance will be provided. As an Actuary & Director, you will drive model risk oversight across Financial and Risk models, as well as support oversight for Life and Annuity models across Financial Reporting, Product Development, and Forecasting. You’ll partner with business teams, model developers, and senior leaders to ensure models are fit for purpose, assess assumptions, identify risks, and provide actionable recommendations that strengthen model performance and reliability. How You Will Make An Impact Validation and Oversight: Lead comprehensive validations across Financial (hedging, assets, scenario generators), Life, and Annuity models. Collaboration and Thought Leadership: Collaborate with cross-domain subject experts to understand and impact the business more holistically and contribute to the evolution of the MRM Framework. The Experience You Will Bring 8+ years of experience with an FSA designation. Professional certifications such as CFA, FRM, CAIA, or PRM are a plus. Expertise in financial and risk modeling, in areas of hedging, capital, derivatives, structured and traditional assets, or scenario generators. Experience in Life and Annuity products, in areas of financial reporting, forecasting, or pricing. Experience building validation / replication / challenger tools. Ability to influence and challenge both senior leaders and technical teams effectively. Bachelor's degree in actuarial science, financial mathematics or a related quantitative field. Experience with Prophet, C#, Python, SQL or related programming languages are a plus. Your Benefits Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account. Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off. Paid Parental Leave as well as an Adoption Assistance Program. 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.
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Location:
Newport Beach, CA
Job Type:
FullTime
Category:
Accountancy

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