Life Reinsurance Pricing Actuary
Pacific Life Re Limited
Shape pricing for Term, Whole Life, and Universal Life reinsurance transactions at Pacific Life Re, using actuarial modelling and risk assessment. Work with North American pricing teams.This Pricing Actuary contributes to U.S. individual life reinsurance opportunities across retrocession pools and large block transactions. You will conduct experience analysis, evaluate financial structures, and develop mortality, morbidity, lapse, and expense assumptions. The position also supports model maintenance, risk management, and pricing methodology improvements.Key Responsibilities:
Evaluate and structure large block reinsurance transactionsConduct experience analysis for new pricing opportunitiesCollaborate with Business Development, Underwriting, Risk Management, and R&DSupport internal risk management and pricing initiativesImprove pricing processes, frameworks, and methodologiesRequirements:
FSA or equivalent designation and four-plus years’ insurance experienceExperience pricing individual life insurance or reinsurance productsUnderstanding of reinsurance deal structuring and actuarial principlesActuarial modelling software and data analytics proficiencyEffective communication, problem-solving, and independent working skillsBring individual life pricing knowledge, actuarial analysis, and modelling capability to Pacific Life Re’s North American transactions.
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Evaluate and structure large block reinsurance transactionsConduct experience analysis for new pricing opportunitiesCollaborate with Business Development, Underwriting, Risk Management, and R&DSupport internal risk management and pricing initiativesImprove pricing processes, frameworks, and methodologiesRequirements:
FSA or equivalent designation and four-plus years’ insurance experienceExperience pricing individual life insurance or reinsurance productsUnderstanding of reinsurance deal structuring and actuarial principlesActuarial modelling software and data analytics proficiencyEffective communication, problem-solving, and independent working skillsBring individual life pricing knowledge, actuarial analysis, and modelling capability to Pacific Life Re’s North American transactions.
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Vacancy posted 1 hour ago
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