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Actuary In Jobs in California (NOW HIRING)

AVP Actuary, Annuity Pricing

Newport Beach, CA ยท On-site +1

$230K - $255K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

In this role, you will evaluate market opportunities, identify risks, and assess the profitability ... You will lead a team of pricing actuaries, develop innovative solutions that address evolving ...

Associate Actuary

Los Angeles, CA

$126K - $207K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Associate Actuary Associate Actuary Location ... This role requires associates to be in-office 1-2 days per week, fostering collaboration and ...

Associate Actuary

Walnut Creek, CA ยท On-site

$126K - $207K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Associate Actuary Associate Actuary Location ... This role requires associates to be in-office 1-2 days per week, fostering collaboration and ...

Showing results 41-60

Actuary In information

What is an actuary?

Actuaries are professionals who use mathematics, statistics, and financial theory to analyze and manage the financial risks associated with uncertain future events. They are most commonly employed in the insurance and pension industries, where they help design policies, set premiums, and ensure the long-term financial health of these organizations. Actuaries also work in fields like healthcare, investment, and consulting, providing advice on risk management and financial planning. Their expertise is crucial in making informed decisions that safeguard companies and individuals from potential losses.

What are the key skills and qualifications needed to thrive as an actuary, and why are they important?

To thrive as an Actuary, you need strong analytical and mathematical skills, a degree in actuarial science or a related field, and progress toward professional actuarial certifications (such as SOA or CAS exams). Familiarity with statistical software, spreadsheet modeling, and specialized actuarial tools is typically required. Excellent problem-solving abilities, attention to detail, and effective communication skills help actuaries interpret data and explain complex findings to non-experts. These competencies are crucial for accurately assessing risk and supporting sound financial decision-making in insurance, finance, and related industries.

What are some typical challenges an actuary in might face when starting out in the field?

As an entry-level Actuary, one common challenge is learning to interpret and analyze large sets of complex data while ensuring accuracy in calculations. New actuaries also need to quickly become proficient with specialized software and modeling tools commonly used in the industry. Additionally, balancing ongoing exam preparation with work responsibilities can be demanding, but most employers provide study support. Collaborating with senior actuaries and other departments, such as underwriting or finance, is also a key part of the role and helps build communication and teamwork skills.

What is the difference between Actuary In vs Actuary?

AspectActuary InActuary
CredentialsRequires actuarial exams, typically ASA or FSARequires actuarial exams, typically ASA or FSA
Work EnvironmentInsurance companies, consulting firms, or government agenciesInsurance companies, consulting firms, or government agencies
Industry UsageCommonly used in insurance and risk management sectorsCommonly used in insurance and risk management sectors
Job FocusAnalyzing risk, pricing policies, reserving, and financial modelingAnalyzing risk, pricing policies, reserving, and financial modeling

Actuary In and Actuary roles share similar credentials, work environments, and industry usage. The main difference lies in the job titles' emphasis, with "Actuary In" often indicating an entry or specific position within an organization, while "Actuary" is a broader term for professionals performing risk analysis and financial modeling in insurance and related fields.

Do actuaries make a lot of money?

Actuaries are among the higher-paid professionals in the finance and insurance industries, with median annual salaries often exceeding $100,000. Salaries increase with experience, certifications such as the ASA or FSA, and specialization areas, making the role financially rewarding for many in the field.

Is an actuary still in high demand?

Actuaries are currently in high demand due to the need for risk assessment and financial modeling in insurance, pension plans, and other financial sectors. Strong analytical skills, proficiency in statistical tools, and professional certifications like the ASA or FSA enhance job prospects in this field.

What kind of jobs do actuaries have?

Actuaries typically work in insurance companies, consulting firms, government agencies, and financial institutions. They analyze risk using statistical models, often utilizing tools like Excel and specialized software, and may pursue certifications such as the ASA or FSA to advance their careers.

What are popular job titles related to Actuary In jobs in California?

For Actuary In jobs in California, the most frequently searched job titles are:

What cities in California are hiring for Actuary In jobs?

Cities in California with the most Actuary In job openings:

AVP Actuary, Annuity Pricing

Pacificlife

Newport Beach, CA โ€ข On-site, Remote

$230K - $255K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 15 days ago


Job description

Job Description:

We're actively seeking a talented AVP Actuary, Annuity Pricing to join our Annuity Product Development team in Newport Beach, CA, Omaha, NE, or Charlotte, NC. This role follows a hybrid schedule of four days in the office (on-site). If you are not currently located near one of our offices, we offer comprehensive relocation assistance. Remote candidates will be considered depending on experience.

As an AVP Actuary, Annuity Pricing, you will co-lead pricing and product strategy initiatives for our annuity business, delivering retirement solutions to our clients. In this role, you will evaluate market opportunities, identify risks, and assess the profitability of new and existing offerings within the Consumer Markets Division's annuity portfolio. This position plays a key role in bringing annuity solutions to market, from concept through launch, while supporting the division's growth objectives.

The ideal candidate has a deep understanding of the annuity landscape and end-to-end product lifecycle, including pricing, filing, and launch activities. Strong attention to detail, problem-solving skills, and a proactive approach will help a candidate stand out.

You will lead a team of pricing actuaries, develop innovative solutions that address evolving customer and market needs, and ensure offerings achieve an appropriate balance of customer value, profitability, and risk management. In addition, you will guide initiatives through the Product and Risk Governance processes.


How you'll help move us forward:

  • Lead and develop a team of pricing actuaries to assess product opportunities in a rapidly changing economic, regulatory, and competitive environment

  • Actively engage in the development of new products and the enhancement of existing products

  • Evaluate and enhance the annuity pricing framework, with focus on enabling understanding of multiple accounting regimes and pricing metrics

  • Design products with an eye on adaptability to changing competitive, regulatory, and economic environments

  • Secure product approvals through pricing and risk committees

  • Lead product filing efforts in conjunction with our Compliance team

  • Create transparency within the division and enterprise around pricing results, including methodologies and assumptions used and sensitivity testing

  • Collaborate with Risk Management and Finance to identify risk management tools to manage our product suite, and appropriately incorporate into pricing

  • Champion innovation and modernization initiatives, leveraging emerging technologies, including AI and advanced analytics, to enhance pricing capabilities, streamline processes, improve team productivity, and accelerate speed to market.

The experience you bring:

  • 10+ years of actuarial experience

  • FSA designation, including 3 years of actuarial experience post FSA designation

  • Deep knowledge of annuity products, product features, pricing methodologies, and market dynamics, with the ability to identify emerging opportunities and develop innovative product solutions

  • Experience leading products through the full product development lifecycle, including pricing, risk assessment, governance, regulatory filing, implementation, and launch

  • Strong financial acumen, including expertise in Statutory, GAAP, and economic reporting frameworks, capital markets, and the ability to evaluate and communicate key drivers of profitability, risk, and value creation

  • Proven people leadership experience with a track record of coaching, developing, and mentoring actuarial talent while building a high-performing, collaborative team environment

  • Strong technical and analytical capabilities, including the ability to solve complex business problems and translate actuarial insights into actionable recommendations

  • Excellent communication and influencing skills, with the ability to establish credibility across the enterprise and effectively engage leaders across Product, Sales, Risk Management, Finance, and Investments

  • Demonstrated strategic mindset with the ability to establish a long-term vision, drive change, challenge the status quo, and execute against evolving business priorities

  • Ability to thrive in a fast-paced environment, balancing multiple initiatives while adapting to changing market conditions and organizational needs

Salary Range: $230,000 - $255,000

Base Pay Range:

The base pay range noted represents the company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

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.

  • 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

  • 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

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

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.