Posted 5 days ago
Actuary, Pricing
@ Pacific Life Re
Toronto, Ontario
Overview
Pacific Life Re is hiring a full-time Actuary, Pricing to work on pricing and risk assessment for U.S. reinsurance block and large deal opportunities. The role covers Term, Whole Life and Universal Life products, with experience analysis, mortality, morbidity and lapse assumptions, and pricing model maintenance. The posting requires an FSA or equivalent designation with 4+ years of insurance or reinsurance experience and offers a salary of $127,800 to $149,100 CAD.
Responsibilities:
- Assess U.S. reinsurance block and flow opportunities for pricing and risk
- Manage pricing projects and quotes
- Develop mortality, lapse and expense assumptions
- Maintain and enhance pricing models and tools
- Prepare pricing documentation and presentations
Requirements summary:
- FSA or equivalent actuarial designation
- 4+ years of insurance or reinsurance experience
- Experience in reinsurance or individual life pricing
- Proficiency in Axis, Tyche or Prophet and SQL, Python, R, Excel/VBA
- Strong communication and problem-solving skills
Tools & skills
Benefits mentioned
Source and dates
Employer career site / ATS feed · phenom
- Employer posting date
- 2026-11-01
- First seen by our source
- 2026-10-22
- Source record updated
- 2026-11-03
These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.
Job details
| Seniority | Mid level |
| Department | Finance & accounting |
| Experience | 4+ years |
| Hours per week | 40 (estimated) |
| Work setting | Office |
| Position | Mostly sitting |
| Physical demands | physical low · computer high |
| Languages | English |
| Licences & certifications | FSA |
| Encouraged to apply | People with disabilities |
| Perks mentioned | Generous paid time off, Generous parental leave, Retirement plan, Wellness |
Summary and details written by AI from the posting; the employer’s posting is the authority.
Pacific Life Re
Saved company profile
Historical company information from a saved The Jobs API profile (LinkedIn/Crunchbase fields). It is not live-verified; figures may have changed. Missing values remain unknown.
Full company description
At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team, comprising some of the best minds in the industry, is not afraid to disrupt and challenge industry thinking to provide the best life, critical illness, income protection, hospital cash and savings & retirement products and services possible. Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. We pursue personalised, bespoke solutions for every one of our clients and our commitment to cutting-edge technology reflects our ambition to offer the most sophisticated answers to the most challenging reinsurance questions. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia and a new global HQ in Bermuda. With over 700 employees across the globe, we take pride in our inclusive culture, underpinned by our principles and behaviours, providing an environment where everyone can grow and develop. We are equally proud of the security and freedom we possess from having the backing of our parent company Pacific Life. With a heritage of more than 150 years, Pacific Life provides strength and resilience to our business which enables us to bring our fresh and dynamic approach to the marketplace. To find out about our latest vacancies, please visit the careers section on our website: www.pacificlifere.com
- LinkedIn followers
- 32,393
- People associated on LinkedIn
- 923
- Reported office locations
- 69 Pitts Bay Road, Bermuda, HM08, BM
- Tower Bridge House, St Katharine's Way, London, London E1W 1BA, GB
- 182 Cecil Street, #07-01/02 Frasers Tower, Singapore, Singapore 069547, SG
- 21F Nippon Life Marunouchi Building, 1-6-6 Marunouchi, Chiyoda-ku, Tokyo, Tokyo 100-0005, JP
- 8/F Tower 8, 7 Jongro 5-gil (Chungjin-dong), Jongro-gu, Seoul 03157, KR
- Level 46, Gateway Building, 1 Macquarie Place, Sydney, New South Wales 2000, AU
- 375 University Avenue, Suite 600, Toronto, Ontario M5G 2J5, CA
- Business categories
- Life Insurance
- Insurance
- Financial Services
- Other recorded names
- Pacific Life Re
- Specialties
- Reinsurance
- Life Reinsurance
- Protection
- Longevity
- and Retrocession
- Profile identifies a recruitment agency
- No
- Reported total investment
- 0
Currency and observation date were not supplied; this is not a current valuation or a funding round.
At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team, comprising some of the best minds in the industry, is not afraid to disrupt and challenge industry thinking to provide the best life, critical illness, income protection, hospital cash and savings & retirement products and services possible. Working in some of the most complex and fast-moving markets…
| Field | Value |
|---|---|
| Industry | Insurance |
| Company size | 1,001-5,000 employees |
| Headquarters | Bermuda |
| Organization type | Privately Held |
| Specialties | ReinsuranceLife ReinsuranceProtectionLongevityand Retrocession |
| Open jobs on Jobsy | 7 |
| View page |
Job Title
Actuary, PricingJob Description
Reporting to the AVP Pricing, North America, this role will work on actuarial pricing for retrocession pools and large block reinsurance transactions written by the Protection Line of Business in North America.
The Pricing Actuary will focus on pricing and risk assessment for large block deals within the U.S. market, specifically for Term, Whole Life (WL), and Universal Life (UL) products, while also considering Long-Term Care (LTC) as a potential future opportunity. This includes evaluating and structuring transactions, conducting experience analysis, and developing assumptions for mortality, morbidity, and lapse risks.
The Pricing Actuary will also contribute to pricing model maintenance, support internal risk management efforts, and collaborate with global pricing teams to enhance pricing processes and methodologies.
You’ll be working in a company that values your technical expertise, innovative thinking, and ability to communicate complex ideas effectively.
Responsibilities:
- Contribute to the assessment of U.S. reinsurance block or flow opportunities from both a pricing and risk perspective.
- Manage pricing projects and quotes with support from senior actuarial colleagues.
- Support the development of pricing assumptions for new opportunities, including mortality, lapse, and expense assumptions, under the guidance of senior team members.
- Collaborate with cross-functional teams (e.g. Business Development, Underwriting, Risk Management and R&D) to support pricing initiatives.
- Maintain and enhance pricing models and tools.
- Prepare pricing documentation and presentation for internal stakeholders.
- Stay informed on market trends and developments in North America reinsurance space.
- Contribute to the continuous improvement of pricing processes and frameworks.
Qualifications & Experience
Essential:
- FSA, or equivalent actuarial designation with 4+ years of insurance/reinsurance experience.
- Experience in reinsurance or direct insurance pricing, with a focus on individual life products.
- Strong understanding of actuarial principles, risk assessment, and financial structuring of reinsurance deals.
- Proficiency in actuarial modelling software (e.g Axis, Tyche, Prophet) and data analytics tools (e.g., SQL, Python, R, Tableau, Excel/VBA).
- Excellent technical, analytical, and problem-solving skills.
- Effective communication and interpersonal skills.
- Strong organizational and time management skills.
- Innovative mindset with a focus on continuous improvement.
- Proactive, self-motivated, and able to work independently.
Desirable:
- Experience in the U.S. individual life and annuity markets, including development of mortality and lapse assumptions.
- Familiarity with pricing and financial modeling techniques for reinsurance transactions.
- Strong mentoring skills to develop and train junior team member.
- Project management experience.
Salary: $127,800.00 - $149, 100.00 CAD
Compensation Range
The compensation range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location.
Working For Pacific Life Re
Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.
Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
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
Please click here to view our company values
Use of AI
As part of our commitment to a fair and efficient hiring experience, we want to inform you that we may use artificial intelligence (AI) tools to assist in reviewing resumes, and during the assessment process, including through platforms like HireVue. These tools help us identify relevant qualifications and streamline evaluations, but final decisions are always made by our hiring team.
Journal
Only you can see this. Kept on this device, and in your account when you sign in.