Actuarial Manager, Deal Pricing, Savings

Actuarial Manager, Deal Pricing, Savings & Retirement The Team The 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 Deal Pricing team within S&R is responsible for pricing all products and reinsurance structures across our global markets. This role operates on a hybrid schedule, eventually requiring a 4-day per week in-office schedule by mid-2026.

Key Responsibilities

Focus on the cashflow & capital modelling, ensuring specific products & risks are appropriately captured in pricing. Produce deal metrics to meet all pricing hurdles & governance requirements. Set the investment strategy for funded transactions and seek to optimize this within investment risk tolerances by working closely with the ALM and investment management teams. Optimize deal structuring with the client solutions team to provide clients with a strong commercial package while ensuring an efficient capital structure for PL Re.

Price treaty execution activities and hand over required information to the S&R inforce management team for implementation. The Role We have an exciting opportunity for an individual with strong technical skills from either an actuarial or investment background to join the S&R Deal Pricing team.

Responsibilities

of the role include: Lead quotes across S&R products and markets. Drive success by encouraging and developing deal teams. Develop asset pricing approaches and work with the AVP, Deal Pricing to implement & obtain approvals for new approaches to improve pricing. Identify inefficiencies in pricing processes & controls and lead projects implementing improvements.

Understand macroeconomic assumptions (interest rates, credit spreads, FX) impact on pricing and obtain investment data from Bloomberg and investment teams. Understand drivers of capital requirements for S&R products and how they vary under different reinsurance structures across economic capital, Bermuda Monetary Authority and NAIC RBC regimes. Work with the S&R Insurance Pricing team on benefit structures and develop the insurance basis for S&R transactions. Translate market changes into pricing changes; work with asset management to agree investment assumptions for pricing.

Collaborate with client solutions team to develop proposition and build strategies mitigating risks such as currency, inflation, etc. Manage pricing actuaries & analysts, ensuring their technical & soft skills development.

Qualifications

& Experience Core skills and experience: Strong technical skills to build & run actuarial/asset models and interpret results. Prior experience in Pricing is beneficial. Professional qualifications (FSA, IFoA, CFA or similar) with 5+ years professional experience in an investment or actuarial team. Ability to critically review numbers, sense‑check results and suggest improvements to drive price benefits.

Deal focused; work to tight timelines and deliver on pricing commitments across multiple deals. Strong experience of Excel and actuarial/asset modelling software (e.g. Tyche, Bloomberg). Good understanding of market risks (interest rates, FX, credit spread, liquidity) and their impact on insurance capitalization.

Understand insurance company balance sheets including insurance capital frameworks. Strong communication skills; communicate complex concepts to a range of audiences verbally and written. Track record of stakeholder management & seeking approvals/pitching. Able to adapt to changing priorities and switch focus seamlessly.

While 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.

Benefits

Leave 23 days of annual leave (Regular employees) with option to buy or sell more days Fertility leave Generous parental leave Healthcare Group Life Insurance and Accidental Death & Dismemberment coverage for all permanent employees Dental & Optical benefits Savings & Retirement RRSP: company-matched contributions Wellness Employee and Family Assistance Program Subsidized gym membership Time off for volunteering Charitable matching of employee donations 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. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible. Pacific Life Re values #J-18808-Ljbffr