Senior Business Analyst - Institutional Pricing

Pacific Life; United States; Hybrid; USD 89,000 - 126,000; Full time

Benefits offered by this job

Health benefits

Paid time off

Parental leave

401k

Job summary

Pacific Life is seeking a Senior Business Analyst to join the PRT Pricing Team, with on-site presence four days a week and one remote day, across Newport Beach, CA; Omaha, NE; or Charlotte, NC. You’ll support pricing initiatives for institutional Defined Benefit solutions and work with actuaries and other analysts to move pricing forward.

The role involves maintaining pricing updates reflecting economic, competitive, investment, risk-management, and experience assumptions, and supporting

Qualifications

• 1-2+ years of related work experience (Level and responsibilities can be adjusted for additional experience)
• Experience in MS Office Suite
• Excellent communication skills, detail oriented, able to multi-task
• Proven ability to work in a fast-paced and rewarding environment

Responsibilities

• Support quoting activities for institutional Defined Benefit solutions.
• Complete liability cash-flow projections and related analyses.
• Maintain accurate pricing updates reflecting economic, competitive, investment, risk-management, and experience assumptions.
• Support post-sale case activities, including repricing analyses, profitability monitoring, and coordination of pricing deliverables used by implementation and operations teams.
• Support testing and implementation of process or tool enhancements, including development testing, beta testing, UAT, and production rollout.
• Provide timely and accurate information for decision-making.

Skills

MS Office Suite

Communication

Detail orientation

Multitasking

Pricing experience

VBA

Tools

VBA

Job description

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 Senior Business Analyst to join our PRT Pricing Team. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA,Omaha, NE, or Charlotte, NC.

As a Senior Business Analyst, you’ll move Pacific Life, and your career, forward by supporting pricing initiatives in the Pension Risk Transfer space. You will fill an existing role that sits on a team of 12 people in the Institutional division. Your colleagues will include Actuaries and fellow Business Analyst professionals.

How you’ll help move us forward:

• Support quoting activities for institutional Defined Benefit solutions.
• Complete liability cash-flow projections and related analyses.
• Maintain accurate pricing updates reflecting economic, competitive, investment, risk-management, and experience assumptions.
• Support post-sale case activities, including repricing analyses, profitability monitoring, and coordination of pricing deliverables used by implementation and operations teams.
• Support testing and implementation of process or tool enhancements, including development testing, beta testing, UAT, and production rollout.
• Provide timely and accurate information for decision-making.

The experience you bring:

• 1-2+ years of related work experience (Level and responsibilities can be adjusted for additional experience)
• Experience in MS Office Suite
• Excellent communication skills, detail oriented, able to multi-task
• Proven ability to work in a fast-paced and rewarding environment

What makes you stand out:

• A PRT background or past experience or knowledge of annuities is a plus
• Working knowledge of software including VBA

Base salary ranges (location specific):

• Newport Beach, CA: $103,140 - $126,060
• Omaha, NE: $89,010- $108,790
• Charlotte, NC: $93,690 - $114,510

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.

$103,140.00 - $126,060.00

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.

• 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

You Can Be Who You Are

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

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.