Back to Search New Search

Assistant Actuary

Pacific Life Insurance Company Aliso Viejo, CA

Job Description

  • Lead the GAAP Valuation efforts associated with the quarterly financial close
  • Analyze and review the DAC, VOBA, and URR balances
  • Analyze and review the Shadow DAC and URR balances
  • Book General Ledger entries for DAC, VOBA, and URR, Shadow DAC and URR, and Non-Account Value Reserves
  • Calculate the FAS133 adjustment for indexed products by creating the Index Option Values Report
  • Reconcile GAAP Account Value reserves by creating Account Value Roll-forwards
  • Analyze and review the impact of GAAP assumption unlocking and model revisions on DAC, VOBA, and URR balances
  • Prepare ICFR documentation
  • Lead implementation of GAAP Valuation coding for new products in PolySystems
  • Assist in GAAP aspects of Deloitte audit and internal audit
  • Enhance, develop, and maintain documentation for GAAP Valuation models and procedures
  • Support efforts to improve and automate current processes 
  • Support GAAP Targeted Improvements project work
  • Assist with ad-hoc projects and requests supporting the Valuation area as needed
  • Manage and help develop an actuarial student

  • Bachelors degree in actuarial science, mathematics, finance, economics, or related field
  • Fellow in the Society of Actuaries
  • 4-6 years of experience in life insurance, management experience is a plus
  • Strong verbal and written communication skills
  • Ability to effectively manage, prioritize, and satisfy the requests of a variety of stakeholders
  • Strong technical and analytical skills including experience working with actuarial models

Job Details

Date Posted March 19, 2019
Date Closes April 18, 2019
Requisition 601663
Located In Aliso viejo, CA
SOC Category 00-0000.00