AVP Pacific Life Investments (PLI) FP&A and Business Insights

Job Description:

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own. This position requires you to be in the office 3-4 days per week.

The AVP of Pacific Life Investment (PLI) Finance will play a critical role in supporting the financial management and strategic planning of PLI. This position will be responsible for overseeing financial analysis, management reporting, budgeting, forecasting, and performance reporting ensuring alignment with PLI’s financial goals and regulatory requirements. This position will manage a small team of finance individuals with potential for the team to grow as PLI grows.

How you'll help move us forward:

• Establish PLI Finance: Build key partnerships within and outside PLI (ERM, Accounting, FP&A, Treasury, etc.), and set up new processes and team roles.
• Planning: Develop and manage the annual plan for PLI, including surplus assets. Coordinate macroeconomic factors and review business segment inputs.
• Budgeting and Expense Management: Lead the annual budget development, monitor expenses, and prepare financial forecasts. Implement cost control measures and present budget reports to senior management.
• Quarterly and Ad-Hoc Forecasting: Prepare and analyze quarterly financial forecasts, respond to ad hoc requests, and communicate insights to senior management.
• Management Reporting: Assist in quarterly board reporting and business reviews, and develop a spread analysis framework.
• Accounting Policy Liaison: Partner with accounting policy to update policies and serve as an intermediary with accounting teams.
• Performance Reporting: Produce management reports, implement performance management processes, and monitor risk-adjusted returns.

The experience we need:

• A bachelor’s degree in accounting, finance, math, or a related field is essential. A CPA, FSA or CFA is strongly preferred.
• Experience: Significant investment experience (accounting, valuation, transacting, asset classes, securitization, etc.)
• Strategic Thinking: Ability to develop and implement financial strategies, analyze industry trends, and provide actionable insights.
• Communication Skills: Strong verbal and written communication skills for effective interaction with senior management, external entities, and various departments.
• Collaboration: Experience working cross-functionally with different departments and business lines such as accounting, treasury, ALM, risk management, capital management, and strategy.
• Project Management: Skills in managing large-scale projects, including finance transformation initiatives.
• Analytical Skills: Strong analytical and problem-solving abilities to interpret complex financial data and provide recommendations.
• Regulatory Knowledge: Understanding of regulatory requirements and experience in preparing financial reports for external entities like rating agencies and regulatory bodies.
• Leadership: Proven ability to lead and develop teams, manage performance, and drive organizational goals.
• Change Management: Demonstrated readiness to embrace change and challenge the status quo as appropriate.

$218,000 - $267,000

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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.

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

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.