Sr. Product Development Specialist (Life & Disability)

About the role

The Senior Specialist, Product Development is responsible for supporting the development and optimization of group Life/AD&D and Disability (STD & LTD) products. Reporting to the Director of Life, Disability & Absence, this role plays a crucial part in shaping product strategy, collaborating with various teams, and ensuring compliance and alignment with evolving customer needs.

Responsibilities

• Develop and execute product strategies and roadmaps that align with organizational goals and market dynamics.
• Proactively expand knowledge in assigned products, track industry trends, and assess their implications.
• Collaborate with leadership to integrate insights into operations and strategic initiatives.
• Support ongoing management and optimization of assigned products, creating and updating reference material.
• Collaborate with actuarial, underwriting, legal, compliance, distribution, operations, and technology teams to deliver solutions and influence product delivery.
• Provide technical input for product filings, marketing materials, and other artifacts.
• Analyze product performance, conduct competitive benchmarking, and incorporate customer feedback to drive improvements and business results.
• Support internal teams with product knowledge and updates, fostering effective communication and partnerships across stakeholders.
• Implement process enhancements to improve efficiency and quality, and monitor regulatory changes to ensure ongoing compliance.
• Support existing and future value-add programs for assigned products.

Requirements

• 5-7+ years’ experience in group insurance products, specifically Life/AD&D and STD & LTD.
• Experience with regulatory compliance, product filings, and benefit technology ecosystems preferred.
• Proven collaboration within cross-functional teams.
• Adept at balancing multiple priorities in a fast-paced environment.
• Excellent communication, presentation, and relationship management abilities.
• Strategic thinker with a record of delivering results and driving innovation.
• Experience and knowledge of other group insurance products, specifically absence management inclusive of statutory disability, PFML, leave management, and other paid/unpaid leave programs.

Qualifications

• Strong project management skills.
• Ability to work independently and manage multiple tasks simultaneously.
• Knowledge of industry best practices and regulatory requirements.
• Strong analytical and problem-solving skills.
• Ability to communicate effectively with diverse stakeholders.

Skills

• Product development and lifecycle management.
• Regulatory compliance and product filings.
• Collaboration and stakeholder engagement.
• Process improvement and efficiency enhancement.
• Competitive benchmarking and performance analysis.

Benefits

Pacific Life offers a comprehensive benefits package including medical, dental, vision, and wellbeing reimbursement accounts. Additionally, generous paid time off, parental leave, and an adoption assistance program are provided. Employees are also eligible for a competitive 401(k) savings plan with company match and an additional contribution.

Pay

$124,830.00 - $152,570.00

Schedule

Hybrid schedule of four days in the office (on-site), with the requirement to relocate if not currently located near an office. Comprehensive relocation assistance is offered.