Sr. Financial Reporting Analyst II

Pacific Life Insurance Company$124K — $152K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years in financial reporting or related field.
  • 4-year degree in accounting or equivalent experience.
  • Proficient in Microsoft Office, especially Excel.
  • Strong analytical and problem-solving abilities.
  • Effective communication skills, both oral and written.
  • Capability to manage multiple tasks under tight deadlines.
  • Desire to mentor and train less experienced colleagues.

Responsibilities

  • Execute quarterly accounting and reporting tasks for accuracy.
  • Prepare and review GAAP and statutory financial statements.
  • Coordinate with various teams including actuarial and finance.
  • Validate business events in accounting results.
  • Analyze financial results and communicate insights to stakeholders.
  • Support finance transformation initiatives through automation.
  • Lead functional teams or projects as needed.

Benefits

  • Medical, Dental, Vision, and Wellbeing Reimbursement Account.
  • Generous paid time off including holidays and family planning time.
  • Paid Parental Leave and Adoption Assistance Program.
  • Competitive 401k plan with company matching contributions.
Full Job Description
Job Description:

We're actively seeking a talented Senior Financial Reporting Analyst II to join our centralized accounting and financial reporting team in Newport Beach, CA.

As a Senior Financial Reporting Analyst II, you'll move Pacific Life, and your career, forward by supporting accounting and financial reporting over the Institutional and Workforce Benefits divisional products. You will fill an existing role that sits in a team of insurance accounting subject matter experts within the Enterprise Accounting and Reporting group. Your colleagues will include accounting, finance, enterprise systems, and actuarial professionals.

How you'll help move us forward:
  • Execution of quarterly accounting and reporting tasks, including processing and review and approval of journal entries, reconciliations, and analysis of results to ensure completeness and accuracy of account balances.
  • Preparation and review of various financial reporting requirements, including quarterly and annual GAAP and statutory financial statements, compliance requests, and internal management requests.
  • Coordinate with subject matter experts and business partners in actuarial, accounting, reporting, tax, financial planning & analysis, and technology teams.
  • Validate impacts of specific business events are accurately represented in our accounting results.
  • Understand and communicate key drivers of financial results to key stakeholders throughout financial close process through preparation of fluctuation analysis of quarterly results, including presentation of results to management and utilization of tools and technology to generate data visualizations and data driven insights.
  • Support finance transformation initiatives including automation of existing manual processes, business process redesign and acceleration of the accounting close process.
  • May lead functional teams or projects.
  • Understand and apply accounting and financial reporting principles, insurance knowledge, and general business acumen.
  • Proactively learn relevant systems, products, and business models.
  • Proactively engage in knowledge sharing and peer training.


The experience you bring:
  • 8+ years of experience in relevant field.
  • 4-year accounting degree or equivalent experience.
  • Proficiency with Microsoft Office, including Excel, Teams, Outlook, etc.
  • Ability to manage multiple responsibilities under tight time frames.
  • Strong technical, analytical, and problem-solving skills.
  • Excellent communication skills both oral and written.
  • Strong organizational skills, ability to work independently in deadline-driven environment.
  • Strong accountability, customer focus, collaboration, and a team player.
  • Comfortable with collaborating with all different levels of management.
  • A desire to mentor colleagues with less experience.


What makes you stand out:
  • Insurance industry experience
  • Experience or certification with PeopleSoft, Oracle, Appian, Essbase, WDesk or ARCs
  • CPA candidacy or licensure
  • Public accounting experience


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


What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

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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Learn more about Pacific Life Insurance Company

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