Job Title
AVP, Capital Management
Job Description
The Team
The Divisional Capital Management & Reporting team sits within the Corporate Actuarial function in Divisional Business Services (DBS) at Pacific Life Re.
The team is responsible for capital management and consolidated solvency reporting across the Group, covering both the internal Economic Capital (EC) framework and the Bermuda Monetary Authority (BMA) regulatory basis. Our focus is on developing a deep, forward-looking understanding of capital drivers across both bases and translating this into value-adding insight that informs strategy, risk appetite, and decision-making.
The team works closely with the Global Valuation Team, the Protection and S&R Actuarial Analytics & Insights teams, Divisional Finance, Risk, and the Enterprise capital management teams. The role involves regular interaction with actuaries, accountants, systems developers, and risk professionals across multiple jurisdictions including Sydney, Singapore, Bermuda, Toronto, and Newport Beach, California.
The Role
We are seeking an exceptional actuarial leader to join the Capital Management & Reporting team as an Assistant Vice President. This is a high-impact role at the centre of Pacific Life Re’s capital strategy, with significant exposure to senior leadership and enterprise-wide stakeholders across actuarial, finance, and risk.
You will play a central role in shaping how the Pacific Life Re plans, forecasts, deploys, and communicates capital, ensuring that capital frameworks are robust, well-governed, and aligned to our strategic growth objectives. You will manage a consistently busy schedule of capital management activity across the organisation, giving you the opportunity to influence a wide range of workstreams, challenges and strategic decisions from day one.
This role is well suited to someone who thrives in complex, fast-moving environments, enjoys owning end-to-end processes, and excels at converting technical analysis into clear, commercial insight for senior audiences.
Key responsibilities
Drive Capital Management Initiatives
- Identify, develop, implement, monitor and iterate Division-wide capital management initiatives; and
- Translate complex model outputs and analysis into clear, actionable strategic recommendations.
Lead Capital Planning & Forecasting
- Own the development, consolidation, and delivery of the multi-year capital plan for the Division;
- Lead the production of solvency forecasts, including the identification and monitoring of emerging risks; and
- Own and coordinate stress and scenario testing (including CISSA), ensuring consistency and alignment across regions and stakeholders.
Deliver High-Quality Capital Insights
- Produce and communicate high-quality capital MI for senior leadership, Boards and regulatory submissions. This will cover solvency, ALM, currency exposure, insurance risks, diversification, new business impacts, and drivers of movements; and
- Provide expert support to senior leadership, Boards, Risk function and other Enterprise stakeholders on ad hoc matters, including capital impacts of transactions, strategy changes, and regulatory developments.
Shape Process, Governance & Transformation
- Strengthen control frameworks (materiality, version control, documentation, operational event logging) across the team;
- Own the ongoing development of the Bermuda entity Capital Management Policies; and
- Act as Secretary to the PL Re Capital Management Committee (CMC) including agenda setting, paper coordination, governance tracking and minutes.
Lead, Coach & Develop
- Manage and mentor analysts, actuaries and managers within the Capital Management and Reporting team, provide coaching, oversight and technical guidance;
- Delegate responsibilities effectively and build a high-performing, collaborative team environment; and
- Embed a culture of accountability, curiosity, continuous improvement and collaboration.
About you
You will be technically strong, commercially minded, and comfortable operating in ambiguity and under competing priorities. You will excel at bringing teams together, cutting through complexity, and delivering high-quality outputs across a demanding and varied capital management agenda. You will have strong influencing and communication skills, with the ability to negotiate, challenge, and explain complex topics clearly and concisely. With frequent exposure to the Chief Actuary and senior leadership, the ability to quickly understand requirements, prioritise effectively, and deliver meaningful results is essential.
Qualifications & Experience
Essential Qualifications
- Fellow of Institute & Faculty of Actuaries, Society of Actuaries, or similar experience
Desirable Experience
- Capital management experience, preferably experience of both economic and regulatory frameworks (e.g. Solvency II);
- BMA regulatory capital experience;
- Experience in presenting to senior leadership and governance forums; and
- Line management responsibilities, including coaching and developing teams.
Essential skills
- Strong knowledge of capital reporting bases;
- Ability to handle large volumes of information, identify the most relevant points and connect information to see the “bigger picture”;
- Attention to detail;
- Excellent communication skills, with clear written and verbal communication that is adapted to the stakeholder;
- Ability to manage and deliver multiple priorities calmly under pressure; and
- Excellent stakeholder management skills with a proven ability to build meaningful, collaborative relationships.
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. Of course, we take our work seriously and we know our team can operate under great pressure. 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 (Only for Permanent and Fixed Term Employees)
Leave
25 days of annual leave with option to buy/sell more days
Adoption and fertility leave
Generous enhanced parental leave
Healthcare
Savings & Retirement
Wellness
Subsidized gym membership
Access to Employee Assistance Program
Cycle to Work and Electric Car Salary Sacrifice Scheme
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
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