AVP, Projects Lead

Job Title AVP, Projects Lead Job Description The Team The Division Business Services Corporate Actuarial (DCA) team is responsible for regular actuarial and capital reporting to senior management, Boards and for regulatory submissions. Our DCA function comprises of 5 integrated teams: Capital Management & Plan, Actuarial Systems & Projects, Global Valuation, Actuarial Analytics & Insights (Protection & Capital Solutions) and Actuarial Analytics & Insights (Savings and Retirement). The Role This is an AVP role within our Division Centre Corporate Actuarial (DCA) team, located in London and reporting to the VP, Actuarial Projects & Actuarial Systems.We are implementing an Asset Optimisation tool using FIS technologies- Adaptive , Prophet , and Prophet Enterprise - to industrialize funded pricing and strengthen ALM analytics across pricing competitiveness, capital efficiency, and risk oversight. The programme is expected to run 9-12 months, with a focused delivery horizon for implementation and roll out.The Project Lead, with specialised support, will deliver the actuarial design, implementation, testing, and business adoption of the Asset Optimisation toolset within our systems landscape across the front and back office. You will be accountable for the end to end workflow (Tyche Adaptive/Asset Optimizer Prophet/Prophet Enterprise Tyche) and ensure controls, documentation, and BAU readiness for all business users. Responsibilities Actuarial design & integration Working with the Funded Pricing Team to define and approve actuarial methodology for portfolio optimization, reinvestment/disinvestment strategies (including derivatives), and asset liability interactions used in funded pricing, consistent with programme objectives. Lead the integration across Adaptive / IRM Optimizer (APT) and Prophet / Prophet Enterprise , including data specifications, constraints, configuration inputs, optimized asset outputs, and BEL production (PRJ/CSV) for downstream risk/UI and reporting. Ensure consistent assumptions, spreads, reinvestment logic, and scenario agility within the unified actuarial workflow, leveraging Prophet ALS/PE modules where appropriate. Validation, testing & controls Design and execute test strategies (unit, system, UAT) for optimization runs and liability projections; establish reconciliation checks between optimized asset sets and BEL results. Embed risk & control frameworks (RAID, RACI, governance packs), ensuring high quality documentation and audit readiness. Stakeholder, vendor & delivery leadership Act as the actuarial lead across PMO, AST/CA, R&D, Finance, IT, and FIS vendor teams; drive decisions through design forums and SteerCo's. Translate actuarial decisions into clear user stories, configuration requirements, and testable acceptance criteria; manage trade offs to protect scope, quality, and controls. Transition to BAU Plan and execute the knowledge transfer, procedures, and handover to Actuarial Systems/Corporate Actuarial; define operating procedures, run books, and support models for the post go live state. Benefits realization & insights Produce evidence of pricing competitiveness, capital efficiency, stress testing resilience, and collateral optimization improvements, aligned to programme KPIs. What We Are Looking For Qualifications & Experience Substantial post-qualification experience in ALM tooling. Project Management experience Self-starter with the ability to manage a varied and demanding workload. Strong collaboration and influencing skills. In-depth understanding of the life insurance industry and Corporate Actuarial function. Proven ability to build and maintain relationships with various functions and local teams. Experience in designing and implementing processes and standards. Actuarial background with strong problem-solving skills. Familiarity with actuarial modelling software (Tyche / AXIS) and financial reporting systems is a plus. Key Skills & Behaviours Technical proficiency and awareness of current industry issues. Project management experience. Commitment to quality, accuracy, and timely delivery of work. Initiative, flexibility, and resourcefulness. Ability to challenge and improve current work practices. Effective communication skills, both verbal and written. Team player with a collaborative mindset. Adaptability to change and evolving environments. Hands-on approach with leadership capabilities 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 leaveHealthcare 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 benefitsSavings & Retirement 15% combined employee/employer contributionsWellness 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 donationsAs 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 At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team is not afraid to disrupt and challenge industry thinking to provide the best life and health reinsurance services possible. Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia, and Bermuda. With over 1000 employees across the globe, we take pride in our inclusive culture, underpinned by our values and behaviours, providing an environment where everyone can grow and develop.