Manager, Capital Management & Reporting

Job description

Job Title Manager, Capital Management & Reporting Job Description The Team The Divisional Capital Management & Reporting team (CM&R) 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 a self-starting, inquisitive individual with proven experience of working in a collaborative, fast-paced environment to join as a senior member of the team. You will play a central role in shaping how the Pacific Life Re plans, forecasts, deploys, and reports 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 and capital reporting 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 You will be involved in some or all of the following Deliver High-Quality Capital Reporting 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. 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. Capital Planning & Forecasting The development, consolidation, and delivery of the multi-year capital plan for the Division; Production of solvency forecasts, including the identification and monitoring of emerging risks; and Stress and scenario testing (including CISSA), ensuring consistency and alignment across regions and stakeholders. Shape Process, Governance & Transformation Strengthen control frameworks (materiality, version control, documentation, operational event logging) across the team; and Improves processes across the CM&R team Lead, Coach & Develop Manage and mentor analysts and actuaries within the Capital Management and Reporting team, provide coaching, oversight and technical guidance; 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 cutting through complexity, and delivering high-quality outputs across a demanding and varied capital management agenda. You will have good 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; 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 Comprehensive private insurance coverage for employee and dependents Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary Optical benefits Savings & Retirement 15% combined employee/employer contributions 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 You Can Be Who You Are We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. 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