Defined Contribution Product Analyst

Pacific Life Insurance Company$124K — $152K *
Omaha, NE 68104In-Person
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree
  • 5+ years in financial services focusing on product/operations, especially in DC Financial Products
  • Proficient in Excel (VBA), PowerBI, and technologies for analysis
  • Strong organizational and interpersonal skills
  • Excellent analytical and problem-solving abilities
  • Effective communicator, capable of presenting to senior audiences
  • Ability to adapt and influence across diverse team environments

Responsibilities

  • Perform daily operational duties for DC Financial products
  • Provide insights for actuarial modeling and pricing methodologies
  • Develop dashboards and conduct analyses for product stakeholders
  • Collaborate with divisional functions to ensure effective product operations
  • Support product development and implementation initiatives
  • Ensure delivery of financial products aligns with strategic goals
  • Conduct market research to inform product development and pricing

Benefits

  • Medical, Dental, Vision, and Wellbeing Reimbursement Account
  • Generous paid time off options including PTO and holiday schedules
  • Paid Parental Leave and Adoption Assistance Program
  • Competitive 401k savings plan with company match
Full Job Description

Job Description:

We’re actively seeking a talentedProduct Analyst to join the Institutional Division in Newport Beach, CA or Omaha, NE or Charlotte, NC. This role is on-site.

In this role, you’ll play a key role in Pacific Life’s growth and long-term success by supporting efforts for defined contribution financial products by enhancing and automating product-related analytical and operational processes, contributing to new product development via insurance industry learnings and/or market research, and acting as the liaison for product-related matters across the suite with divisional and enterprise functional teams. This role will require a combination of operational focus, product development, and relationship management.

How you will make an impact:

Financial Product Analytics (65%)

  • Perform daily operational duties for DC Financial products and specific DCLI products during accumulation phase.
  • Provide insight for assumption development and actuarial modeling methodologies to pricing, valuation, and risk as needed.
  • Develop dashboards and ad-hoc analyses across DC Financial Product suite to deliver up-to-date product analytics for key stakeholders and work closely with DCLI product managers to apply capabilities across DC product suite.
  • Partner with key division and enterprise functions such as Delivery Acceleration, Compliance,  Operations and Technology to ensure DC financial product operations and processes are established and functioning effectively.

DC Financial Product Development, Implementation, & Stakeholder Engagement (25%)

  • Support DC Financial Products, by supporting product development and management, which may include contributing to designing product features, as well as supporting execution and implementation of our solutions.
  • Partner with key division and enterprise functions such as Delivery Acceleration, Legal, Marketing, Finance and Pricing to prioritize product initiatives.
  • Support the delivery of Financial Products and features in accordance with agreed-upon schedules, ensuring they meet customer needs and business objectives, and ensuring alignment with strategic and business objectives, as well as compliance considerations.
  • Supporting solutioning implementation challenges, such that the DC Financial product goals are met in a timely and efficient manner.
  • Support the creation of technical specifications for admin and illustration systems and perform user-acceptance testing to ensure accurate implementation for DC Financial products.

DC Market Development (10%)

  • In collaboration with the broader DC team and National Markets, support general DC market research efforts done by research and product managers while staying on top of industry trends, including any adjacent markets (e.g. HSA).
  • In partnership with Finance, support cost-benefit analyses for new product development in partnership with other Product Managers.
  • Contribute to product-related market insights and analytics to inform research, marketing, distribution and pricing.

About you:

  • Strong organizational, interpersonal and communication skills. 
  • Ability to travel up to 25% of the time across the US for existing client meetings, as well as new client opportunities and events/conferences
  • Skilled in envisioning future state operating models and when comparing to the current state and designing the roadmap of initiatives to close the gap between the current and target future state
  • Strong analytical and problem-solving skills, with the ability to interpret complex data, understand anomalies, and develop actionable insights
  • Strong written and verbal communication skills, including the ability to prepare effective and concise work-product and present effectively to senior audiences and influence decision-making
  • Ability to adapt to changing demands and influence, partner and collaborate with divisional stakeholders and senior members of the firm
  • Solution-oriented, self-motivated, creative and thrives in “growth mindset” environment

The experience you bring:

  • Bachelor’s degree
  • 5+ years of experience in financial services industry with a focus on product and/or operations roles, ideally with extensive experience in DC Financial Products (e.g. stable value)
  • Significant experience with Excel (VBA), PowerBI, CoPilot, and other technologies to produce complex analyses and operationalize product requirements

#LI-SD

Base Pay Range:

The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

$124,830.00 - $152,570.00

Your Benefits Start Day 1
 

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

  • Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents

  • Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off

  • Paid Parental Leave as well as an Adoption Assistance Program

  • Competitive 401k savings plan with company match and an additional contribution regardless of participation

About Pacific Life Insurance Company

Pacific Life Insurance Company Careers

There has never been a more opportune time to join the dynamic team at Pacific Life Insurance Company—a leader in the insurance industry known for its commitment to innovation, leadership, and professional growth.

Work You’ll Do

Join Pacific Life Insurance Company’s esteemed team to assist in pioneering efforts that drive the insurance industry forward. At the intersection of technology, industry expertise, and digital innovation, Pacific Life Insurance Company stands as a beacon of transformative solutions and services. Lead in a unique position in the marketplace, leveraging deep industry knowledge and a commitment to digital innovation to enhance client experiences and outcomes. Engage with a diverse global team of business and technology advisors, helping clients navigate through their challenges with cutting-edge solutions. Collaborate with dedicated professionals who are at the forefront of integrating technology and insurance services to deliver exceptional results.

Introducing the Pacific Life Insurance Company Professional Growth and Development Initiative

The initiative aims to build a leading advisory team to guide some of the most well-known companies through their transformation journeys, utilizing innovative insurance solutions.

Do Innovative Work

Be part of a team that is not just the largest but the most knowledgeable in the insurance sector, with a focus on delivering targeted solutions through a depth and breadth of consulting experience that is unmatched.

Drive Innovation and Leadership

Work on a wide range of projects that harness the capabilities of Pacific Life Insurance Company’s robust technological and service-oriented frameworks.

Future-Proof Your Career

Advance your career with Pacific Life Insurance Company, where the opportunities for growth are vast, supported by comprehensive training, development, and certification programs.

Explore Job Opportunities and Internships

Discover various job opportunities and internship positions that allow you to bring your skills and passion to a team that values innovation and leadership. Pacific Life Insurance Company is committed to fostering a culture of diversity and inclusion, providing a platform for professional development and personal growth.

The Pacific Life Insurance Company Employment Experience

With a commitment to diversity training and a culture that promotes networking and professional growth, Pacific Life Insurance Company helps team members thrive in a supportive and dynamic environment. Clients and employees alike look to Pacific Life Insurance Company for leadership in creating industry-leading solutions that promote growth and innovation.

Stay Connected

Join the Team

Search open positions that match your skills and interests. Pacific Life Insurance Company seeks passionate, curious, creative, and solution-driven team players.

SEARCH PACIFIC LIFE INSURANCE COMPANY JOBS

Keep Up to Date

Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the professionals who work at Pacific Life Insurance Company.

READ CAREERS BLOG

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