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, driving performance, and ensuring compliance.

Responsibilities

• Develop and execute product strategies and roadmaps that align with organizational goals and market dynamics.
• Demonstrate deep expertise in assigned products, tracking industry trends and incorporating insights into product development.
• Collaborate with cross-functional teams including actuarial, underwriting, legal, compliance, distribution, operations, and technology 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

• Master’s degree in a relevant field such as Actuarial Science, Business Administration, or related fields.
• Knowledge of group insurance regulations and compliance standards.
• Experience with product lifecycle management tools and systems.
• Strong analytical and problem-solving skills.
• Ability to manage multiple projects simultaneously and meet deadlines.

Skills

• Strong project management skills.
• Excellent communication and presentation abilities.
• Strategic thinking and innovation.
• Technical proficiency in relevant software and platforms.
• Ability to work effectively in a team environment.

Benefits

Pacific Life offers a comprehensive benefits package including medical, dental, vision, and wellbeing reimbursement account. Additionally, there is generous paid time off, parental leave, and an adoption assistance program. The company also provides a competitive 401(k) savings plan with company match and additional contributions.

Pay

$124,830.00 - $152,570.00

Schedule

This role follows a hybrid schedule of four days in the office (on-site). Relocation assistance is provided for those not currently located near one of our offices.