At a Glance
- Tasks: Apply actuarial pricing expertise to U.S. reinsurance transactions and assess risk across life products.
- Company: Join Pacific Life Re, a leader in the reinsurance industry with a focus on innovation.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Collaborative environment with strong support for career advancement.
- Why this job: Make a real impact by evaluating large block deals and enhancing pricing models.
- Qualifications: FSA or equivalent designation with 4+ years of experience in reinsurance or direct insurance pricing.
The predicted salary is between 98550 - 120450 $ per year.
Apply actuarial pricing expertise to U.S. reinsurance transactions at Pacific Life Re, focusing on large blocks and retrocession pools. Assess risk across individual life products. Reporting to the AVP Pricing, North America, the Pricing Actuary supports large block deals within North America’s Protection Line of Business. You will evaluate Term, Whole Life, and Universal Life transactions. The work includes experience analysis, transaction structuring, and assumptions for mortality, morbidity, lapse, and expenses.
Key Responsibilities:
- Assess U.S. reinsurance opportunities from pricing and risk perspectives
- Manage pricing projects and quotes with senior actuarial support
- Develop assumptions for mortality, lapse, and expenses
- Maintain and enhance pricing models and tools
- Prepare pricing documentation and internal presentations
Requirements:
- FSA or equivalent actuarial designation with four-plus years’ experience
- Reinsurance or direct insurance pricing experience
- Individual life product experience and actuarial risk understanding
- Proficiency with Axis, Tyche, Prophet, SQL, Python, R, Tableau, or Excel/VBA
- Strong technical, analytical, communication, and organizational skills
Support Pacific Life Re’s North American pricing work through reinsurance expertise, risk assessment, modelling, and clear communication.
Pricing Actuary Reinsurance Transactions in Toronto 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.
