Director, Strategy and Portfolio Management (Group Benefits)

Director, Strategy and Portfolio Management

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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.

The Director of Strategy and Portfolio Management will be responsible for leading the development, execution, and governance of business strategies and the strategic project portfolio for the division. This position will oversee the full portfolio lifecycle—ensuring projects and programs are prioritized, monitored, and executed to support division and enterprise strategic objectives. The Director will partner closely with senior management, product management, and cross-functional teams to translate business strategy into actionable initiatives that drive growth, innovation, and operational excellence. This role reports to the Head of Strategy & Portfolio & Product Management for the Workforce Benefits Division and will play an integral role in translating the division’s strategy to action. You embrace the ambiguity and high degree of complexity associated with standing up a new business and new organizational structure. You are willing and able to jump in where needed and you bring an innovative mindset to solving critical business problems.

How You Will Make An Impact

• Develop, execute, and monitor integrated business strategies to achieve short-term and long-term organizational goals.
• Lead the end-to-end portfolio management lifecycle—including project planning, initiation, resource allocation, execution, benefits realization, and value tracking.
• Maintain awareness of market research and analysis to identify strategic opportunities and risks, and translate external trends into relevant internal actions.
• Ensure strategic initiatives are aligned with overall business objectives by collaborating with cross-functional teams and senior leaders.
• Establish and maintain effective portfolio governance practices to prioritize, monitor, and report on projects and programs for maximum business value.
• Prepare and present strategic plans and recommendations to executive leadership.
• Build, lead, and develop a high-performing, scalable project management team, leveraging internal and external resources as needed.
• Drive ad-hoc strategic initiatives and continuously identify opportunities for improvement and innovation.

The Experience You Will Bring

What Will Make You Stand Out

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.

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.

$180,180.00 - $220,220.00

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.

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.

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