Job Description:
Pacific Life is investing in bright, agile and diverse new talent to ensure we continue to innovate and strengthen relationships with our policyholders. Thats why were actively seeking a talented Stable Value Product Director to join our team and take part in our people-first culture.
As Stable Value Product Director, youll play a key role in Pacific Lifes growth and long-term success by managing product management, underwriting & product development responsibilities for Stable Value. While joining the Stable Value team, youll contribute to Institutional Divisions core vision of being a leader in Institutional markets and providing value and financial security to our partners and participants through innovative institutional solutions and exceptional customer service.
If youre experienced in Stable Value Product Management & Product Development, youre a great fit for this role. Technical capabilities aside, if youre a mission-driven self-starter whos comfortable with ambiguity, and who thrives in a fast-paced, collaborative culture, youre a perfect fit for Pacific Life.
Here, we believe you should be given the time, space, and trust to do your best work your way. As part of our transition toward a more digitally oriented, inclusive and employee-focused company, were opening this role to candidates near Newport Beach, CA; Omaha NE or Lynchburg, VA as well as those looking to work 100% remote.
Despite the COVID pandemic, Pacific Life has remained safe, stable and productive, thanks to our embracing of digital processes and commitment to a people-first culture. Our agile approach has aided us in successfully shifting our recruiting and onboarding activities toward a safe work-from-home environment.
This is unchartered territory for all of us, so please let us know if you have any questions about the recruiting process or about our response to COVID.
How Youll Contribute -
* Product Management: Lead underwriting & Inforce management activities in coordination with key members of Stable Value team - Sales, Operations, Actuarial, Investment Compliance, Contracts, etc. to meet client needs and follow internal business processes
* Product Development:
* Launch, Establish & Grow Stable Value Product Development program product development initiatives from ideation to development to execution by collaborating with external parties (stable value managers, asset managers, administrators, external counsel etc.) & various internal parties (Sales or Business Development, Law, Actuarial, Finance, Investments, Technology, Operations etc.)
* Develop qualitative and quantitative frameworks to analyze and drive internal product decisions
* Business development:
* Create pitch decks that are customer centric and cater to the individual needs of potential partners
* Collaborate with Stable Value Sales Director to proactively source, build, negotiate and form strategic partnerships that create win-win opportunities
* Relationship management: Build strong relationships with internal partners and external partners
* Leadership & Team management Lead 1-2 associates; Support teams career development and personal growth objectives
Tech & Tools Youll Use
MS Office Suite, Salesforce or other CRM tools, Project management tools, Bloomberg terminal, Factset
Factors for Success
* 10+ years of experience in the Financial Services industry
* Knowledge of and prior experience with Stable Value products (Synthetic GICs/Traditional GICs/ general account products)
* Prior experience involving Product development and Market development
* Prior experience managing people
* Ability to communicate & negotiate complex financial concepts and multi-party relationships
* Strong analytical and problem-solving skills
* Excellent verbal, written and communications skills
* Ability to think creatively and outside the box
* Passionate about technology and working in a fast-paced environment
* CFA and/or MBA preferred
At Pacific Life, the work we do matters. Thats why youll find those who work passionately each day to drive our company forward enjoy job security, flexible scheduling and great opportunities for career growth. If youre seeking a thriving career doing the type of meaningful work thats all too rare at a Fortune 300 Company, youre the perfect cultural fit for our team. LI-AJ1
How We Help You Succeed:
Were fostering a culture of shared values across our company by providing generous compensation and comprehensive benefits that allow our employees to find fulfillment and security in personal life and career alike. These include:
* Competitive Salary and Benefits
* Work-Life Balance & Flexible Scheduling
* Medical, dental, and vision as part our commitment to investing in the health and wellbeing of our employees
* Two retirement savings plans: 401k savings plan with company match and Company Retirement Contribution (company-paid)
* Generous PTO and holiday pay
* Warm Colleagues & Inspiring Culture
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.
Newport Beach, CA
Pacific Life Insurance Company is an American insurance company providing life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Pacific Life also counts more than half of the 100 largest U.S. companies as clients. They currently have over 15,600 agents licensed to sell insurance, just in the state of California.
We are a strong and stable company that has been helping clients achieve their life goals for more than 150 years. That power, captured in our brand icon—the humpback whale—is at the core of our brand. Strength, performance, and protection.