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 hybrid, with four days in the office (on-site), and requires relocation if not already based 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.