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 transactions Conduct experience analysis for new pricing opportunities Collaborate with Business Development, Underwriting, Risk Management, and R&D Support internal risk management and pricing initiatives Improve pricing processes, frameworks, and methodologies Requirements:
FSA or equivalent designation and four-plus years’ insurance experience Experience pricing individual life insurance or reinsurance products Understanding of reinsurance deal structuring and actuarial principles Actuarial modelling software and data analytics proficiency Effective communication, problem-solving, and independent working skills Bring individual life pricing knowledge, actuarial analysis, and modelling capability to Pacific Life Re’s North American transactions.
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Life Reinsurance Pricing Actuary employer: Pacific Life Re Limited
At Pacific Life Re, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. Our team members enjoy comprehensive benefits, ongoing professional development opportunities, and the chance to make a meaningful impact in the life insurance sector. Located in Canada, we offer a supportive environment where your expertise in actuarial analytics can thrive, ensuring both personal and career growth.