Job Abstract

Job Description:

Jumpstart your Actuarial career with Pacific Life! We are dedicated to your growth and providing opportunities to thrive! We’re investing in bright, agile new talent with fresh?perspectives to help us innovate and build meaningful relationships for years to come. It’s in?this spirit that we are currently recruiting Actuarial Summer Interns. 

As an Actuarial Intern, you'll be welcomed into an inclusive and dynamic culture where you'll play a key role in helping to drive toward Pacific Life's goals. Interns will have?the opportunity to spend their summer in our headquarters, located in Newport Beach, CA office working at a?Fortune 500 company in the financial services industry. Interns will be involved in a diverse?array of challenging actuarial projects and internship program activities. 

Program highlights include: 

• Product Training: You will be trained in Pacific Life’s Retirement Solutions and Life?Insurance products to ensure you start your summer internship with a high-level understanding of what we offer to our customers. 

• Mentorship: You will be assigned an Executive mentor who will meet with you to?discuss their knowledge and experience and provide you with guidance on your?internship and career path. 

• Hands On Experience: You will be participating in actuarial projects that will give you a?true understanding of the profession. The projects you will work on will contribute to?your teams’ and company goals. Examples of projects include: Creating dashboards to?visualize data, Automating processes and calculations, Rider Analysis, Cash Flow?Analysis, and Creating tools for efficiency. 

• Rotational Events: You will be invited to a series of interactive presentations in which?key actuaries throughout the company will provide an overview of their department and?job duties as well as their experiences as an actuary. This will include exposure to?Modeling, Risk Management, Product Design, Pricing, Valuation, and more. 

• Social Activities: Networking opportunities, Executive speaker series, community service?events, and social outings. 

Relevant Competencies:  

• Continuous Learning. You want to continue learning and expanding both the depth and breadth of your knowledge as it pertains to your functional responsibilities and business acumen.

• Curiosity. You demonstrate an interest in finding underlying causes and understanding how the work you do relates to our business mission and strategy.

• Adaptability. You can adjust your focus and/or approach depending on results, strategy, or business needs.

Factors for Success 

• Completion of at least 1 Society of Actuaries exam is required. 

• Pursuing an undergraduate degree majoring in Mathematics, Statistics, Economics,?Finance, or Actuarial Science. 

• Ability to problem solve and demonstrate leadership. 

• Strong communication and analytical skills. 

• Desire to gain more experience in the actuarial field. 

The base pay rate for this position is $26.00 per hour for one exam passed, $27.00 for two exams passed, $28.00 per hour for three exams passed, $29.00 per hour for four exams passed (based on exam progress).

Relocation stipend available if residence is outside of 50 mile radius from office location. 

Want to learn more about life at Pacific Life? Take an inside look at our company culture:?Instagram.com/lifeatpacificlife. 

How We Help You Succeed:

Our Summer Internship Program has become Pacific Life’s talent pipeline for full time early career opportunities. The University Relations team ensures each intern has a well-rounded positive experience to help them reach their career goals. The Summer Program includes:

• Professional Development

• Executive Mentorship Program

• Collaborative Environment

• Real World Work

• Social Events

• Training and Education

• Networking and Exposure to Leadership

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.