AVP, Economic Reporting & Analysis

Pacific Asset Management, LLC; Newport Beach (CA); Remote; USD 230,000 - 250,000; Full time

Benefits offered by this job

Health benefits

Paid time off

Parental leave

401k matching

Job summary

Pacific Life Insurance Company is seeking an AVP to lead Economic Value Financial Reporting, a highly visible role at the intersection of Finance, Actuarial, Investments, Risk Management, Capital Management, and Technology. You will guide enterprise reporting modernization and governance.

This remote opportunity within the United States includes periodic travel to Newport Beach (3–4 times per year). A CPA/CFA or equivalent designation is preferred, with 12+ years in related fields.

Qualifications

• Bachelor's degree required; professional designations (CPA, CFA, FSA, ASA, MBA) preferred.
• 12+ years of experience in financial/economic reporting, FP&A, or related fields.
• Strong understanding of insurance company financial statements, economic value frameworks, and capital management.

Responsibilities

• Lead quarterly and annual economic value reporting deliverables for the organization.
• Analyze economic value results and investigate significant movements, assumptions, model outputs, and transactions.
• Collaborate with Finance, Actuarial, Investments, and Risk Management teams for consistency in methodologies.
• Support governance around economic value and capital metrics, methodologies, and reporting standards.
• Prepare management reporting packages, executive presentations, and summaries explaining performance and trends.
• Define strategic transformation initiatives to modernize the economic reporting process across the enterprise.

Skills

Analytical thinking

Problem solving

Communication skills

Leadership

Education

Bachelor's degree in Accounting, Finance, Actuarial Science, Economics, Mathematics, Business

Job description

Why join us

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. Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating superior customer experience. We’re actively seeking a talented Economic Value Financial Reporting AVP to join our Accounting & Reporting team. This highly visible leadership role sits at the intersection of Finance, Actuarial, Investments, Risk Management, Capital Management, and Technology. You will lead the reporting and analysis of Pacific Life's Enterprise Economic Value and Economic Capital (EVEC) while helping shape the future-state vision, operating model, and transformation strategy for economic reporting across the enterprise. As a key member of the Accounting & Reporting leadership team, you will help drive a multi-year enterprise initiative focused on modernizing Economic Value reporting through enhanced governance, automation, reporting architecture, data strategy, and technology capabilities. You will have the opportunity to influence how Pacific Life measures and reports economic performance and supports enterprise decision-making through its economic framework.

This position has been approved as a remote opportunity within the United States. Periodic travel to Newport Beach, California is expected for team meetings, key business activities, and stakeholder collaboration (3-4 times per year).

How you will make an impact

• Lead the coordination, preparation, analysis, and review of quarterly and annual economic value reporting deliverables for Pacific Life.
• Analyze economic value results and perform investigations into significant movements, assumptions, model outputs, and business transactions.
• Partner with Finance, Actuarial, Investments, and Risk Management teams to ensure consistency and alignment of economic reporting methodologies.
• Support the governance process around economic value and economic capital metrics, methodologies, assumptions, and reporting standards.
• Prepare management reporting packages, executive presentations, and analytical summaries explaining economic value performance and emerging trends.
• Serve as a subject matter expert on economic value measurement concepts and their relation to U.S. GAAP, statutory accounting, capital management, and enterprise risk management objectives.

• Partner with the organization to define strategic transformation initiatives designed to modernize and enhance the economic reporting process across the enterprise.
• Partnering with the Finance & Actuarial Projects team as they execute to deliver that strategic design.
• Partner with business and technology teams to define future-state operating models, reporting architecture, and data strategies.
• Drive automation efforts and reporting enhancements that improve reporting efficiency, controls, and data quality.
• Identify opportunities to streamline manual processes through process redesign, workflow optimization, and technology-enabled solutions.
• Communicate process improvements, transformation milestones, risks, and issues to management and executive leadership.

The experience you will bring

• Bachelor's degree in Accounting, Finance, Actuarial Science, Economics, Mathematics, Business, or related field.
• CPA, CFA, FSA, ASA, MBA, or other relevant professional designation preferred.
• 12+ years of experience in financial reporting, economic reporting, actuarial reporting, finance transformation, FP&A, enterprise risk management, or related functions.
• Strong understanding of insurance company financial statements, economic value frameworks, capital management, and financial performance measurement.
• Experience working with actuarial, investments, finance, and enterprise risk management teams.
• Demonstrated experience leading or participating in large-scale finance, actuarial, or reporting transformation initiatives.
• Excellent analytical, problem-solve, and communication skills.

Base Salary Range: $230,000 - $250,000

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.

Your Benefits Start Day 1

• Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents.
• Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off.
• Paid Parental Leave as well as an Adoption Assistance Program.
• Competitive 401k savings plan with company match and an additional contribution regardless of participation.

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.

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.

Pacific Life is more than a job — it’s a career with purpose.

For nearly 160 years, we’ve helped people protect their financial futures through strength, stability, and innovation.

Join us to make a meaningful impact and build a career where you can thrive. Learn more. Pacific Life's success is driven by our people. We create, embrace and sustain an inclusive workplace where all employees are respected and supported throughout their career. Our values inspire and direct our actions shaping the vibrant culture we proudly uphold. Learn more.