Assistant Vice President, Protection Pricing
@ Pacific Life Re

Toronto, ON
$180,000
On Site
Full Time
Posted 15 hours ago

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Job Details

Overview

The Assistant Vice President, Protection Pricing at Pacific Life Re plays a crucial role in executing the North American protection pricing strategy. Working under the VP, Protection Pricing, this role is responsible for leading key aspects of pricing development and ensuring the delivery of technically sound and commercially competitive solutions.

The Role and Responsibilities

Pricing Execution & Oversight:

  • Lead development and execution of pricing models.
  • Oversee timely delivery of pricing terms and papers.
  • Ensure compliance with pricing frameworks and risk policies.

Strategic Contribution & Market Insight:

  • Support VP with analytical insights and recommendations.
  • Monitor client requirements, regulations, and market trends.
  • Refine pricing bases and methodologies using superior data sources.

Stakeholder Collaboration:

  • Collaborate with Client Solutions, Claims, Underwriting, and R&D.
  • Facilitate effective communication with Finance, Actuarial, and Operations teams.
  • Contribute technical expertise in client engagements and presentations.

Leadership & Talent Development:

  • Mentor junior pricing professionals and foster team growth.
  • Drive a collaborative and innovative pricing culture.
  • Assist in performance evaluations and succession planning.

Qualifications & Experience

A minimum of 10 years in life (re)insurance pricing, expertise in North American Protection markets, actuarial pricing techniques, financial modelling, and risk assessment. Detailed knowledge in Long-Term Care modelling and relevant capital bases is highly desirable. Strong analytical, communication, and stakeholder management skills are required.

Working for Pacific Life Re

Pacific Life Re is a global life reinsurer operating across Europe, Asia, Australia, and North America. The company is committed to excellence, innovation, and a healthy work-life balance, offering competitive benefits including generous leave, healthcare, savings, retirement plans, wellness programs, and community involvement initiatives.

Benefits

  • 23 days of annual leave with option to buy/sell extra days
  • Fertility and generous parental leave
  • Group Life Insurance, Dental & Optical benefits
  • Company-matched RRSP contributions
  • Subsidized gym membership and volunteering time

Key skills/competency

  • pricing strategy
  • reinsurance
  • actuarial
  • risk assessment
  • financial modelling
  • stakeholder collaboration
  • mentoring
  • data analysis
  • regulatory compliance
  • leadership
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How to Get Hired at Pacific Life Re

🎯 Tips for Getting Hired

  • Research Pacific Life Re's culture: Understand their global reinsurance approach and values.
  • Customize your resume: Highlight actuarial pricing and leadership skills.
  • Prepare case studies: Showcase pricing model development and risk analysis.
  • Network on LinkedIn: Connect with current employees and hiring managers.

📝 Interview Preparation Advice

Technical Preparation

Review actuarial pricing models.
Study financial modelling techniques.
Understand risk assessment methods.
Analyze regulatory pricing standards.

Behavioral Questions

Describe leadership challenges faced.
Explain team conflict resolutions.
Detail strategic decision examples.
Discuss mentoring success stories.

Frequently Asked Questions