Director Portfolio Strategy

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 Director of Portfolio Strategy to join Pacific Life Investments (PLI) in Newport Beach, CA.
As a Director of Portfolio Strategy, you’ll move Pacific Life, and your career, forward by determining portfolio investment requirements and overseeing investment activities to help develop and execute value-enhancing strategies. You will be collaborating across departments to ensure alignment and the furthering of PLI’s strategic objectives. You will fill a new role that sits on a team of 10 people within PLI. Your colleagues will include PLI’s Investment Strategy, Investment Analytics, and Investment Data Steward teams. 
How you’ll help move us forward: 

• Oversee the weekly consolidation of Pacific Life’s general account investment portfolio needs and assess and recommend investment volume requirements to the VP of Portfolio Strategy and assess 
• Lead the analysis and reporting of PLI’s asset strategy and investment performance including the production of the Monthly Investment Activity Report and the production of regular reports PLI/CIO needs to deliver 
• Monitor and affirm daily investment activities including portfolio turnover activity or other investment strategies. Direct the evaluation of investment guideline compliance of new investments for PLRE funded reinsurance transactions
• Lead and manage the Portfolio Strategy Team by fostering a culture of accountability, innovation, and excellence  
• Monitor projected cash flows and cash positions across various accounts and entities to facilitate the formulation of value-add investment strategies
• Oversee the completion all necessary Assets-in-Kind (AIK) analysis for both US PRT and PLRE businesses, and lead the collaboration among different areas to ensure smooth settlements of AIK assets in the case of a win
• Collaborate closely with ALM, Investment & Product Solutions, Operations, Investment Accounting, and Treasury teams, enabling alignment with our partners and communicating PLI’s activities and strategies. Recommend and facilitate necessary inter-portfolio asset transfers.

 The experience you bring:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field with 10+ years of experience in investments or an investment-related field 
• Proficient in Microsoft Office (Excel, Word, PowerPoint, Outlook)
• Solid foundation in financial markets and a wide range of asset types including bonds, structured finance, mortgage loans, and private equities
• Strong analytical skills including the ability to understand and explain datasets and make sense of disparate, sometimes contradictory datapoints in order to provide thoughtful solutions
• 3+ years of experience in managing and developing a high-performing team
• Strong communication and interpersonal skills, able to interact productively with teams with competing priorities
• Demonstrated ability making strategic business and investment decisions and providing clear direction 
• Ability to work in a fast-paced, dynamic environment and manage multiple priorities 

What makes you stand out:

• Strong knowledge of life insurance company liabilities (including annuities and institutional products)
• CFA or FSA designation
• Proficient in Bloomberg, Power BI, Power Query, VBA, and Python

You can be who you are.
People come first here. We’re committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife. 
#LI-AJ1

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.

$198,810.00 - $242,990.00

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

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.