Job TitleActuary (FCIA/FSA), Pricing - Savings & RetirementJob DescriptionThe Savings & Retirement (S&R;) team at Pacific Life Re is responsible for sourcing opportunities and executing reinsurance transactions with clients in our target global retirement markets. We deliver bespoke reinsurance solutions to our clients to support policyholders’ retirement needs and financial goals. The team focusses on the cashflow & capital modelling, ensuring the specific products & risks are appropriately captured in pricing.

We produce the deal metrics to ensure these meet all pricing hurdles & governance requirements.We are responsible for setting the investment strategy for funded transactions and seek to optimize this within our investment risk tolerances. We achieve this by working closely with the ALM and investment management teams.Working with the Client Solutions team, we have a strong focus on optimizing deal structuring to provide clients with a strong commercial package whilst ensuring an efficient capital structure for PL Re.The team is responsible for the pricing activities related to treaty execution, and ensuring the required information is handed over to the S&R; inforce management team for implementation.We have an exciting opportunity for a qualified actuary with strong technical skills from either an actuarial or investment background to join the S&R; Deal Pricing team.Managing stakeholders across Deal Pricing, Client Solutions, and investment management to ensure successful and timely delivery of quotes;Communicating complex pricing, capital and investment concepts clearly to both technical and non-technical audiences, providing insight into key drivers, risks and opportunities;Owning quality assurance activities,



ensuring pricing outputs are accurate, appropriately controlled and supported by clear audit trails and documentation.Contribute to the development and enhancement of pricing methodologies, asset strategies and proposition improvements.Lead projects to implement and obtain approval for recent methodologies and pricing approaches.Identify inefficiencies in pricing processes & controls and contribute to projects implementing improvements to address these as part of PL Re’s drive for process enhancements.Understand the drivers of capital requirements for S&R; products and how these vary under different reinsurance structures. Work with the asset management team to agree investment assumptions for pricing.Work with the Client Solutions team to continually develop our proposition and look for and build strategies that manage and mitigate risks such as currency, inflation etc.Support the development of analysts’ technical & soft skills through day-to-day collaboration and mentoring.Strong technical skills necessary to build & run actuarial/asset models and interpret the results.

Broad understanding of capital modelling, asset risks & strategies for liability driven investments is desirable5+ years of professional experience in an investment or actuarial team.Recently qualified (SOA, IFoA,



CFA or similar).Strong Excel skills and experience using actuarial/asset modelling software (e.g. Tyche, Bloomberg)Good understanding of market risks (interest rates, FX, credit spread, liquidity) and how they impact insurance capitalization.

Experience communicating technical concepts to stakeholders and supporting governance, review and approval processes.Whilst candidates do not need all of the experience &

skills listed above, they should be able to demonstrate competencies in a sufficient number to be considered for this position.Working For Pacific Life ReEvery person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.BenefitsHealth InsuranceDental InsuranceLife and AD&DLong; Term Disability InsuranceGroup Registered Pension PlanSocial insurance and employee payroll taxCorporate Travel InsuranceEmployee Assistance ProgrammeGym MembershipHousing AllowanceYou Can Be Who You AreWe are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities.

📌 Actuary (FCIA/FSA), Pricing - Savings & Retirement (Canada)
🏢 Pacific Asset Management
📍 Canada