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Annuity Processor Jobs (NOW HIRING)

Pacificlife

AVP Actuary, Annuity Pricing

Newport Beach, CA · On-site +1

$230K - $255K/yr

In addition, you will guide initiatives through the Product and Risk Governance processes. How you ... Evaluate and enhance the annuity pricing framework, with focus on enabling understanding of ...

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How much do annuity processor jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for annuity processor in the United States is $16.74, according to ZipRecruiter salary data. Most workers in this role earn between $13.46 and $19.23 per hour, depending on experience, location, and employer.

What are some common challenges faced by annuity processors, and how can they be managed effectively?

Annuity processors often encounter challenges such as handling complex paperwork, ensuring accurate data entry, and staying up-to-date with regulatory changes. Managing multiple cases simultaneously while maintaining attention to detail is crucial, as errors can delay client payouts or impact compliance. Effective time management, ongoing training, and clear communication with financial advisors and underwriters help annuity processors overcome these challenges and ensure smooth processing of annuity contracts.

Is selling annuities a good job?

Annuity processing is a clerical role that involves reviewing and managing annuity contracts, requiring attention to detail and knowledge of financial products. It is typically an entry-level position with standard office hours and may require certification or training in financial services. The job offers stability but may have limited advancement opportunities depending on the employer.

What are the key skills and qualifications needed to thrive as an annuity processor?

To thrive as an Annuity Processor, you need strong attention to detail, a solid understanding of financial products, and typically a high school diploma or associate degree. Familiarity with insurance processing software, CRM systems, and regulatory compliance tools is essential. Excellent organizational skills, effective communication, and problem-solving abilities help you manage complex paperwork and customer inquiries. These skills ensure accurate processing, regulatory adherence, and high-quality client service in the financial industry.

What is an annuity processor?

An Annuity Processor is a professional who manages the administrative tasks involved with annuity contracts, including processing applications, verifying client information, and ensuring compliance with regulations. They serve as a key liaison between clients, agents, and insurance companies to facilitate smooth annuity transactions. Annuity Processors may also handle changes to policies, address client inquiries, and maintain accurate records throughout the lifecycle of an annuity. Their work is essential for ensuring timely and accurate handling of annuity products.

What is the difference between Annuity Processor vs Annuity Underwriter?

AspectAnnuity ProcessorAnnuity Underwriter
CredentialsTypically requires high school diploma or equivalent; some roles prefer insurance or finance certificationsOften requires similar credentials; may need insurance licenses or underwriting certifications
Work EnvironmentOffice setting, processing applications and verifying dataOffice setting, assessing risk and approving policies
Industry UsageCommonly employed in insurance and financial servicesUsed in insurance companies, especially in risk assessment
Search & Comparison IntentFocuses on data processing and administrative tasksFocuses on risk evaluation and decision-making

While both roles operate within the insurance industry, Annuity Processors handle data entry and application processing, whereas Annuity Underwriters evaluate risk to determine policy approval. Understanding these differences helps job seekers identify the right career path based on their skills and interests.

More about Annuity Processor jobs
What states have the most Annuity Processor jobs? States with the most job openings for Annuity Processor jobs include:
What job categories do people searching Annuity Processor jobs look for? The top searched job categories for Annuity Processor jobs are:
Annuity Processor jobs near you
Infographic showing various Annuity Processor job openings in the United States as of August 2026, with employment types broken down into 94% Full Time, and 6% Part Time. Highlights an 94% In-person, and 6% Remote job distribution, with an average salary of $34,822 per year, or $16.7 per hour.

AVP Actuary, Annuity Pricing

Pacificlife

Newport Beach, CA • On-site, Remote

$230K - $255K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 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.

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