No, It's supposed to be that way.
Bearings are designed to be out of round up to .002-.003 at the parting line bigger. This does primarily two things, It helps get the oil wedge get going between the bearing and journal and prevents the edge of the bearing from scraping off the oil and ruining the oil wedge.
Performance bearing are typically made with a bigger parting line as you see here.
NOTE: Bearing installed in a rod or main cap torqued to spec are always measured 90' to the parting lines for true represention of the oil clearances while the journal is expected to be perfectly round.