AVP, Workforce Benefits Product & Pricing - Life, Disability, Leave

About the role

The AVP, Product & Pricing role is within Pacific Life’s Workforce Benefits Finance organization. This opportunity is a hybrid position, requiring four days of in-office work per week. Relocation assistance is provided for those not currently located near an office.

Responsibilities

• Own portfolio strategy and outcomes for Workforce Benefits Life, Disability, and Leave/Absence products.
• Establish an integrated product and pricing vision aligned to divisional growth objectives and risk appetite, with accountability for performance, profitability, and customer value.
• Lead end-to-end product lifecycle, including product innovations, and business case development.
• Oversee product team that performs regulatory approvals, product launch, and ongoing optimization.
• Ensure product offerings are compliant, scalable, operationally executable, and differentiated.
• Establish and approve pricing frameworks and portfolio guardrails, including key metrics, assumption governance, sensitivity analysis.
• Gain alignment on the strategic balance of competitiveness, profitability, and risk for your products.
• Drive differentiation of product and pricing capabilities, partnering with peers in UW Transformation, analytics, and technology to push leading edge speed-to-market, monitoring, and decision quality.
• Build, lead, and develop a high performing team, providing direction, coaching, and talent development while creating clarity across the division on strategy and performance.
• Own Life, Disability, and Absence/Leave assumption management, including mortality and morbidity analysis, trending monitoring, and transparent communication of methodologies, results, and sensitivities to senior leadership.
• Oversee month-end and quarter-end reserving activities, including review and interpretation of claims experience, reserve movements, and key financial risk drivers. Provide clear executive level insights into performance, trends, and emerging risks.
• Lead and approve product, pricing, and risk committee readiness and approvals, ensuring product and pricing meet enterprise governance standards and trade-offs are clearly articulated and documented.
• Oversee product and rate filings in partnership with legal and compliance, ensuring timely approvals.

Requirements

Bachelor's degree in actuarial science, mathematics, finance, business, economics, or related field (or equivalent combination of education or experience)

10+ years of progressive experience in workforce benefits or group insurance, with increasing leadership and scope.

Actuarial credential (FSA) preferred, or equivalent depth of product, pricing, and risk leadership experience.

Demonstrated leadership in product and/or pricing, including launching, managing, and optimizing insurance products through governance, implementation, and performance monitoring.

Proven ability to lead cross-functional decision-making across finance, underwriting, legal/compliance, operations, technology, and distribution.

Experience guiding initiatives through product, pricing, risk, and regulatory governance processes.

Strong executive communication skills, including the ability to explain methodologies, assumptions, risks, and performance drivers to senior leaders.

Demonstrated people leadership and talent development experience, including leading senior professionals and/or managers.

Qualifications

Experience building or scaling products and capabilities in a start-up or high-growth environment.

Proven success modernizing product and pricing processes to improve analytics-enabled decision-making and speed-to-market.

Skills

Strong analytical and problem-solving skills.

Excellent communication and interpersonal skills.

Ability to manage multiple projects and priorities simultaneously.

Benefits

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.

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.

Pay

Salary Range: $230,000 - $250,000 Base Pay Range

The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location.

Schedule

This role follows a hybrid schedule of four days in the office (on-site).