Director - Defined Contribution Lifetime Income Product

Director - Defined Contribution Product

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 - Defined Contribution Product to join our Defined Contribution Lifetime Income team onsite in Newport Beach, CA or Omaha, NE. Candidates open to relocating to either of these office locations are encouraged to apply.

As the Director - Defined Contribution Product, you'll play a key role in Pacific Life's growth and long-term success by leading efforts to implement innovative Defined Contribution Lifetime Income product initiatives and providing both strategic and tactical leadership.

How you will make an impact :

• Lead a team responsible for defining DCLI product features, scheduling, sequencing, and allocation of resources to ensure seamless product project execution and implementation of our retirement income solutions.
• Oversee and partner with Product Managers and collaborate with key division and enterprise functions such as Business Delivery, Compliance, Marketing, Operations and Technology to prioritize product initiatives.
• Oversee general retirement and DCLI market research efforts done by research and product managers while staying on top of industry trends.
• Maintain strong relationships with National Markets to support distribution efforts and ensure the product is connected to market needs.
• Responsible for initial ideation and cost-benefit analysis work for innovative retirement income product creation.
• Responsible for the design, build, and maintenance of retirement income solutions with a strong understanding of market dynamics, regulatory requirements, and competitive landscape.
• Ensure that DCLI product development efforts are aligned with potential customer value and speed to market, maintaining close collaboration across the Division and Enterprise to enhance process efficiency and optimize outcomes.
• Oversee the delivery of DCLI products and features in accordance with agreed-upon schedules, ensuring they meet customer needs and business objectives, and ensuring alignment with strategic and business objectives, as well as compliance considerations.
• Work to align resources, address implementation challenges, and manage the internal landscape, ensuring that the product goals are met in a timely and efficient manner.
• Collaborate closely with DC Product Pricing Actuaries to design and evaluate innovative insurance products and pricing strategies that align with market trends and customer needs.
• Provide retirement and DCLI market insights and customer analytics to inform pricing assumptions and support the development of differentiated data-driven solutions in partnership with the Pricing team.
• Drive creation of technical specifications for admin and illustration systems and perform user-acceptance testing to ensure accurate implementation.
• Serve as a trusted advisor to the AVP, Defined Contribution Lifetime Income on issues affecting strategic decisions and will regularly counsel the team on matters related to Product development and delivery.

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 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.

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.

$163,620.00 - $199,980.00

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.