Director - Defined Contribution Lifetime Income Product

Director – DCLI Fixed Products & Market Development

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Job Description

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.

We’re actively seeking a talented Director to join our Defined Contribution Lifetime Income team onsite in Newport Beach, CA or Omaha, NE.

As the Director, you’ll play a key role in Pacific Life’s growth and long-term success by leading efforts to implement innovative Defined Contribution Lifetime Income product initiatives and providing both strategic and tactical leadership.

How You Will Make An Impact

Fixed Product Development, Implementation, & Stakeholder Engagement (50%)

• Lead the team responsible for DCLI Fixed Products, including developing products and defining product features, as well as scheduling, sequencing, and allocating resources to ensure seamless execution and implementation of our retirement income solutions.
• Oversee and partner with key division and enterprise functions such as Delivery Acceleration, Compliance, Marketing, Operations and Technology to prioritize product initiatives.
• Responsible for the design, build, and maintenance of Fixed Product solutions with a strong understanding of market dynamics, regulatory requirements, and competitive landscape.
• Ensure that Fixed Product development efforts are aligned with potential customer value and speed to market, maintaining close collaboration across the Division and Enterprise to enhance process efficiency and optimize outcomes.
• Oversee the delivery of Fixed Products and features in accordance with agreed-upon schedules, ensuring they meet customer needs and business objectives, and ensuring alignment with strategic and business objectives, as well as compliance considerations.
• Work to align resources, address implementation challenges, and manage the internal landscape, ensuring that the Fixed product goals are met in a timely and efficient manner.
• Collaborate closely with Pricing team to design and evaluate innovative insurance products and pricing strategies that align with market trends and customer needs for Fixed products.
• Drive creation of technical specifications for admin and illustration systems and perform user-acceptance testing to ensure accurate implementation for Fixed products.

DCLI Market Development (50%)

About You

The Experience You Bring

What Makes You Stand Out

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. What’s life like at Pacific Life? Visit Instagram.com / lifeatpacificlife

Base Pay Range

The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

$163,620.00 - $199,980.00

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. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

EEO Statement

Pacific Life Insurance Company is an Equal Opportunity / Affirmative Action Employer, M / F / D / V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.

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