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Director Variable Annuity Jobs (NOW HIRING)

Sovos Compliance

Regulatory Education Director

$153K - $202K/yr

... variable annuity (VA) product guarantees and related reinsurance, and PBR for fixed annuities and ... Directors spend approximately 30 nights away from home per year) • Due to client contractual ...

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Director Variable Annuity information

What is a director variable annuity?

A Director of Variable Annuity is a senior-level professional who oversees the management, development, and performance of variable annuity products within an insurance or financial services company. This role involves leading teams, developing strategies for product growth, ensuring regulatory compliance, and collaborating with other departments such as sales, marketing, and actuarial. The director is also responsible for monitoring market trends and adjusting product offerings to meet customer needs and company goals.

What are the key skills and qualifications needed to thrive as a director variable annuity?

To thrive as a Director of Variable Annuity, you need deep knowledge of financial products, regulatory compliance, portfolio management, and often a relevant degree such as finance or business, along with industry certifications like FINRA Series 6/7 and 26/63/65/66. Familiarity with financial modeling software, CRM systems, and regulatory reporting tools is typically required. Strong leadership, analytical thinking, and effective communication skills help drive team performance and strategic client engagement. These competencies are crucial to ensure the organization’s annuity offerings remain competitive, compliant, and aligned with client needs.

What are the primary challenges faced by a director variable annuity when developing new products?

A Director of Variable Annuity often encounters challenges related to balancing regulatory compliance, market trends, and customer needs when creating new products. Staying ahead of changing regulations, especially those impacting investment options and disclosures, requires close collaboration with legal and compliance teams. Additionally, the director must analyze competitor offerings and coordinate with actuaries, product development specialists, and marketing teams to ensure products remain competitive, profitable, and appealing to clients. Effective communication and adaptability are essential to navigate these complexities and bring successful products to market.

What is the difference between Director Variable Annuity vs Actuary?

AspectDirector Variable AnnuityActuary
Required CredentialsFinancial certifications (e.g., CFA, CFP), industry experienceFellowship in actuarial societies (FSA, ASA), exams
Work EnvironmentFinancial firms, insurance companies, product developmentInsurance companies, consulting firms, risk assessment
Industry UsageProduct management, sales, complianceRisk modeling, pricing, reserving

The main difference is that a Director Variable Annuity focuses on product strategy and management within insurance firms, often requiring financial certifications and industry experience. An actuary specializes in risk assessment, pricing, and reserving, with a strong emphasis on actuarial credentials. Both roles are vital in the insurance industry but serve different functions related to product development versus risk analysis.

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Director Variable Annuity jobs near you
Infographic showing various Director Variable Annuity job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, 1% Temporary, and 1% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution.

Director & Actuary - Annuity Pricing & Product Development

Pacific Life Insurance Company

Newport Beach, CA • On-site

$203K - $249K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 25 days ago

Pacific Life rating

7.4

Company rating: 7.4 out of 10

Based on 14 frontline employees who took The Breakroom Quiz

229th of 309 rated insurance

Job description

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 Director & Actuary 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.
As a Director & Actuary you'll play a key role in Pacific Life's growth and long-term success by leading a team of actuaries, including students and analysts, to develop, price, and support the launch of new annuity products that deliver high value for our customers and align with Pacific Life's long-term strategy. You will be directly managing a team of 2 to 4 individuals on the Pricing team within the Consumer Markets Division (CMD).
How you'll help move us forward:
  • Balance product profit, risk, and market competitiveness; help develop and test creative solutions to challenges encountered in product design, pricing, and implementation processes
  • Design and price products following existing profit and risk management guidelines and procedures
  • Oversee and run pricing models covering all major product types: Variable annuities, Fixed-Indexed annuities, Index-Linked Variable annuities, and Fixed annuities (deferred and immediate)
  • Support pricing and analysis to drive profitable growth across portfolio of actively sold retail annuity products
  • Reflect on and incorporate industry, regulatory, and market trends into the product development cycle
  • Synthesize and integrate data and analysis into a cohesive story that drives insights and supports business decisions and execution of our product strategy
  • Collaborate with other stakeholders (e.g., product strategy, product innovation, sales & distribution, finance & risk, investment) to develop solutions that foster strategic growth
  • Embody a mindset of continuous improvement to identify enhancements of tools and processes that can further facilitate and streamline pricing analysis
  • Independently lead dynamic and multi-faceted projects, with responsibility to present final design, pricing, and risk to cross-functional senior management

The experience you bring:
  • Bachelor's Degree in Actuarial Science, Mathematics, or similar field
  • FSA designation
  • At least 10 years of actuarial experience, preferably with several years of working with actuarial projections supporting annuity pricing and/or risk management
  • Excellent written and verbal communication, as well as leadership skills. Ability to present complex information in a clear and concise manner to various audiences, including senior management
  • Strong organizational, time management, and interpersonal skills
  • Ability to work collaboratively as part of a team

What makes you stand out:
  • A natural curiosity to discover root drivers of profit and risk
  • Perform detail-oriented analysis to substantiate reasonability of results
  • Demonstrated ability to set ambitious goals and execute within targeted timelines
  • Direct experience pricing/managing immediate annuities (SPIA, SSA, PRT)
  • Previous management experience with a small team
  • Effectively managing multiple projects and deliverables simultaneously

Salary Ranges per Location:
  • Newport Beach, CA: $203,760 - $249,040
  • Omaha, NE: $175,950 - $215,050
  • Charlotte, NC: $185,220 - $226,380

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.
$203,760.00 - $249,040.00
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.
  • 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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About Pacific Life

Sourced by ZipRecruiter

When you purchase life insurance and retirement solutions, you're buying a promise. A promise that today, tomorrow or ten years from now, we'll be there. For more than 150 years, our clients have trusted Pacific Life to protect what matters most to them - their families, their businesses, their futures.

Industry

Finance and insurance

Company size

1,001 - 5,000 Employees

Headquarters location

Newport Beach, CA, US

Year founded

1868

Social media

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