AVP, Economic Reporting & Analysis

About the role

Pacific Life is seeking a talented Economic Value Financial Reporting AVP to join our Accounting & Reporting team in Newport Beach, CA. This highly visible leadership role sits at the intersection of Finance, Actuarial, Investments, Risk Management, Capital Management, and Technology. You will lead the reporting and analysis of Pacific Life's Enterprise Economic Value and Economic Capital (EVEC) while helping shape the future-state vision, operating model, and transformation strategy for economic reporting across the enterprise.

This role follows a hybrid schedule of four days in the office (on-site). If you are not currently located near one of our offices, we offer comprehensive relocation assistance. Newport Beach, CA is the preferred location, but we are also open to considering highly qualified remote candidates. For remote candidates, periodic travel to Newport Beach will be required.

Responsibilities

• Lead the coordination, preparation, analysis, and review of quarterly and annual economic value reporting deliverables for Pacific Life.
• Analyze economic value results and perform investigations into significant movements, assumptions, model outputs, and business transactions.
• Partner with Finance, Actuarial, Investments, and Risk Management teams to ensure consistency and alignment of economic reporting methodologies.
• Support the governance process around economic value and economic capital metrics, methodologies, assumptions, and reporting standards.
• Prepare management reporting packages, executive presentations, and analytical summaries explaining economic value performance and emerging trends.
• Serve as a subject matter expert on economic value measurement concepts and their relation to U.S. GAAP, statutory accounting, capital management, and enterprise risk management objectives.
• Partner with the organization to define strategic transformation initiatives designed to modernize and enhance the economic reporting process across the enterprise.
• Partner with business and technology teams to define future-state operating models, reporting architecture, and data strategies.
• Drive automation efforts and reporting enhancements that improve reporting efficiency, controls, and data quality.
• Identify opportunities to streamline manual processes through process redesign, workflow optimization, and technology-enabled solutions.
• Communicate process improvements, transformation milestones, risks, and issues to management and executive leadership.

Requirements

• Bachelor's degree in Accounting, Finance, Actuarial Science, Economics, Mathematics, Business, or related field.
• 12+ years of experience in financial reporting, economic reporting, actuarial reporting, finance transformation, FP&A, enterprise risk management, or related functions.
• Strong understanding of insurance company financial statements, economic value frameworks, capital management, and financial performance measurement.
• Experience working with actuarial, investments, finance, and enterprise risk management teams.
• Demonstrated experience leading or participating in large-scale finance, actuarial, or reporting transformation initiatives.
• Excellent analytical, problem-solving, and communication skills.

Pay

Base salary range: $230,000 - $250,000. The actual compensation offered will depend on experience, qualifications, and geographic location. Most employees are also eligible for additional incentive pay.

Benefits

• Medical, Dental, and Vision coverage starting day one.
• Wellbeing Reimbursement Account that can be used for yourself or eligible dependents.
• Generous paid time off options including Paid Time Off, Holiday Schedules, and Financial Planning Time Off.
• Paid Parental Leave and Adoption Assistance Program.
• Competitive 401k savings plan with company match and an additional contribution regardless of participation.