AVP Private Placement Life Insurance (PPLI)

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. 
 

We’re actively seeking a talented Assistant Vice President, PPLI, to lead our Private Placement Life Insurance (PPLI) team.
As an AVP, PPLI, you’ll move Pacific Life, and your career, forward by leading our successful and growing PPLI platform, which includes operations and marketing. You will fill an existing role that sits in a team of 5 people in the Consumer Markets Division. Your colleagues will include Fund and Operations Administrators, and you will work with legal, finance, treasury, and distribution professionals.

How you’ll help move us forward:
•    Manage IDF/SMA Administrators for onboarding of new Insurance Dedicated Funds (IDFs) and Separate Managed Accounts (SMAs), and processing of subscriptions and redemptions.
•    Manage Operations Administrator who is responsible for facilitating operations flow between internal departments, e.g., treasury and accounting, and third party groups, e.g., M Financial (new business and client services) and McCamish (policy holder administration and reporting).

•    Identify operational issues and inefficiencies and execute solutions.
•    Work with VP Distribution to manage relationships with financial professionals to market, issue, and service PPLI business.
•   Work with VP Distribution to identify and execute PPLI growth opportunities, such as new relationships with distribution, fund administrators, fund managers, and custodians.

The experience you bring:
•    10+ years’ PPLI experience with at least 5 years’ experience in a leadership role
•    Series 6 or 7 and 24 or 26 securities licenses
•    Strong leadership, organizational, and communication skill set
 

What makes you stand out:
•    Ability to identify and execute solutions for PPLI platform challenges/inefficiencies
•    Ability to identify and execute PPLI growth initiatives

You can be who you are.
People come first here. We’re committed to an inclusive workforce. Learn more about how we create a welcoming work environment at www.pacificlife.com. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife. 

$180,000 - $220,000

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.