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Newport Beach, California, United States
Hybrid
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 AVP Actuary, PRT Pricing Operations and Post Sale Management to join our PRT Pricing 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 AVP Actuary, PRT Pricing Operations and Post Sale Management you’ll move Pacific Life, and your career, forward by overseeing the operational effectiveness and strategic evolution of Pacific Life's PRT pricing operating model. The position will lead post sale initiatives including the repricing process, contracting support, operational coordination, and pricing transformation efforts, while also serving as a technical subject matter expert to the PRT Pricing organization.
You will fill a new role that sits on a team of 15 people in the Institutional division. Your colleagues will include Actuaries and fellow PRT Pricing professionals. You will partner closely with Pricing, Sales Enablement & Implementation (SE&I), Legal, Finance, Valuation, and Technology teams to support the continued growth, scalability, and profitability of the PRT business. This role combines business leadership, actuarial expertise, operational insight, and strategic execution to improve how Pacific Life manages its PRT business and supports future growth.
How you’ll help move us forward:
Pre-Sale Pricing Support
Support the RFP review and bid acceptance - Exercise delegated acceptance authority within established thresholds and bring cases requiring higher approval forward with a clear, documented rationale
Shape deal strategy before the bid - Partner with Sales, Underwriting, Investments, Risk, and Operations at intake to frame which scenarios and structures we quote and how non-standard provisions will be handled
PRT competitive intelligence - Develop and maintain the competitive intelligence database
Post Sale Pricing & Management
Lead oversight of post-sale pricing & management of Pacific Life's PRT transactions
Own the end-to-end post-sale management partnering with SE&I, Operations, Product, Finance, Valuation & Legal to support the effective administration and ongoing management of sold business
Create framework, governance and oversight of PRT repricing activities, including evaluation of post-sale changes that may result in premium adjustments, refunds, or additional premium collections
Establish, enhance, and oversee repricing methodologies, tools, controls, and operational processes, while providing technical review and strategic guidance as processes mature
PRT Contracting & Operations Liaison
Serve as the primary liaison between the PRT Pricing organization, Operations, Legal, and SEI teams
Review Group Annuity Contracts (GACs), buy-in agreements, and transaction-specific contractual provisions to assess operational feasibility, pricing implications, and profitability impacts, translating into pricing impacts when necessary
Provide expertise on complex benefit structures, non-standard plan provisions, administrative considerations, and implementation challenges when evaluating PRT opportunities
Support implementation and onboarding activities for complex transactions where actuarial and business expertise are required
Technical Pricing Leadership & SME Support
Serve as a senior Pension Risk Transfer subject matter expert for the PRT Pricing organization
Provide technical guidance and consultation to pricing actuaries on complex, unique, and non-standard transactions
Support development and enhancement of pricing methodologies, analytical frameworks, and pricing best practices
Provide independent challenges, insights, and recommendations on pricing assumptions based on industry knowledge and emerging experience
Mentor and develop pricing team members by sharing technical expertise and market knowledge
Business Transformation, Data & Innovation
Lead strategic initiatives designed to improve scalability, efficiency, and profitability across the PRT business
Identify opportunities to automate, streamline, and modernize actuarial and business processes
Provide business oversight for the PRT Snowflake data platform and future data modernization initiatives
Champion AI-enabled solutions that improve pricing operations, profitability management, reporting, analytics, and decision-making
Drive governance and business adoption of new technologies and operational capabilities
Champion a culture of continuous improvement, innovation, and operational excellence across the PRT organization
The experience you bring:
Fellow of the Society of Actuaries (FSA)
Minimum 10 years of actuarial experience
Minimum 5 years of direct Pension Risk Transfer Pricing experience
Strong understanding of PRT pricing methodologies, transaction structures, and industry practices
Prior experience in PRT pricing, product development, inforce management, or related actuarial leadership roles
Experience evaluating and defending actuarial assumptions, methodologies, and recommendations with senior stakeholders
Demonstrated ability to influence and lead cross-functional initiatives within a matrixed environment
Strong project management, organizational, and communication skills
Ability to balance strategic thinking with execution and operational leadership
What makes you stand out:
Enrolled Actuary (EA) designation
Significant experience with Pension Risk Transfer transaction pricing
Experience supporting buy-in transactions and complex contractual negotiations
Deep understanding of cash balance plans, lump sum windows, deferred populations, and other specialized liabilities
Experience with the reprice process, profitability monitoring, and inforce management
Experience leading large-scale business transformation initiatives
Knowledge of actuarial modeling platforms, including Prophet
Experience with Snowflake, data modernization initiatives, or AI-enabled business solutions
Proven ability to serve as a technical leader while effectively partnering across actuarial, operational, legal, and business functions
Track record of driving operational excellence, process improvements, and scalable business solutions
Deadline to Apply: Monday, September 28, 2026
Base Salary Range: $220,000 - $250,000
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.
