Director and Financial Engineer

About the role

A Director and Financial Engineer position is available within Pacific Life's Product Development Team in Newport Beach, CA; Omaha, NE; or Charlotte, NC. This role involves assisting in the development and support of new annuity products that deliver high value for customers and align with Pacific Life's long-term strategy.

Responsibilities

• Balance product profit, risk, and market competitiveness; assist in developing and testing creative solutions to challenges in product design, pricing, and implementation processes.
• Design and evaluate products following existing profit and risk management guidelines and procedures.
• Oversee financial models and processes.
• Support product development and analysis to support profitable growth across the portfolio of actively sold retail annuity products.
• Reflect on and incorporate industry, regulatory, and market trends into the product development cycle.
• Synthesize and integrate data and analysis into a cohesive story that drives insights and supports business decisions and execution of our product strategy.
• Collaborate with other stakeholders (e.g., product strategy, product innovation, sales & distribution, finance & risk, investment) to develop solutions to better support our growing product development needs.
• Embody a mindset of continuous improvement to identify enhancements of tools and processes that can further facilitate and streamline pricing analysis.

Requirements

• Bachelor’s Degree in Actuarial Science, Mathematics, Financial Engineering or similar field.
• At least 4 years of finance experience, preferably with financial engineering and/or risk management.

Qualifications

• Excellent written and verbal communication, as well as leadership skills.
• Ability to present complex information in a clear and concise manner to various audiences, including senior management.
• Strong organizational, time management, and interpersonal skills.
• Ability to work collaboratively as part of a team.

Skills

• Natural curiosity to discover root drivers of profit and risk.
• Experience effectively managing multiple projects and deliverables simultaneously.
• Previous experience with Python.

Benefits

Your benefits start day one, including medical, dental, vision, and wellbeing reimbursement account, generous paid time off options, paid parental leave, and an adoption assistance program. Additionally, you are eligible for a competitive 401(k) savings plan with company match and an additional contribution regardless of participation.