Senior Financial Analyst I

Pacific Life Insurance; Newport Beach (CA); On-site; USD 103,000 - 126,000; Full time

Job summary

Pacific Life Insurance Company in Newport Beach, CA seeks a Senior Financial Analyst I to advance the Financial Planning and Analysis team. You will analyze Life Insurance and Annuity earnings, compare results to Plan, and help communicate a clear business driver story to management.

This role requires strong Excel skills, 5+ years of financial reporting experience, and the ability to lead cross-functional initiatives.

Qualifications

• 5+ years financial reporting and analysis experience, preferably in Life Insurance and Annuity.
• Proven leadership, organizational, interpersonal, analytical, and problem-solving skills.
• Strong communication and multi-tasking abilities with proficiency in Microsoft Excel.
• Experience with Oracle, Essbase, Alteryx, Tableau, and Workiva is a plus.

Responsibilities

• Facilitate quarterly GAAP and internal management close for Life products.
• Analyze CMD historical trends by product line and validate Plan assumptions.
• Compile CMD data for rating agency surveys and dashboards.
• Drive continuous process improvements in CMD Finance.
• Collaborate with internal and external experts to align with business strategies.
• Develop solutions to complex problems with minimal supervision.

Skills

Financial reporting

Financial analysis

Leadership

Excel

Team collaboration

Time management

Project management

Oral and written communication

Independent worker

Strategic thinking

Education

CPA

CMA

MBA

Tools

Oracle

Essbase

Alteryx

Tableau

Workiva

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 Financial Analyst I to join our Financial Planning and Analysis team in Newport Beach, CA. As a Senior Financial Analyst I you’ll move Pacific Life, and your career, forward by analyzing Life Insurance and Annuity earnings results compared to Plan. This role requires innate curiosity to understand the underlying stories and business drivers of our results, combined with technical expertise to leverage Pacific Life's financial systems for maximum impact and efficiency. You will fill an existing role that sits on a team of 5 people in the Consumer Markets Division (Annuities and Life Insurance). Your colleagues will include Financial Analysts, Actuaries, and other Finance professionals. This team collaborates extensively with Valuation, Sales, Expense, and Investment areas to craft and communicate a comprehensive business driver story of results for internal management.

How you’ll help move us forward:

• Facilitate the quarterly close process for GAAP and STAT Internal Management reporting requirements for Life, including:
  • Provide timely, relevant, and accurate findings/research to Consumer Markets Division (“CMD”) Finance, mainly around variances to Plan by business driver
  • Analyze CMD historical trends by product line to validate Plan assumptions and identify anomalies in current period results
  • Compile periodic CMD data for rating agency surveys and internal management dashboards
• Facilitate continuous process improvement for CMD Finance by evaluating current procedures and recommending value-added improvements
• Use best practices and knowledge of internal or external business issues to improve services and solve long-term problems
• Work with experts (both within Pacific Life and externally) to consider options and identify solutions that best align with business strategies.
• Develop solutions to complex problems with minimal supervision, requiring the regular use of ingenuity and creativity

The experience you bring:

• 5+ years financial reporting and analysis experience, preferably in the Life Insurance and Annuity industry
• Proven leadership, organizational, interpersonal, analytical, and problem-solving skills.
• Demonstrates organizational, time management, project management, oral and written communications, and multi-tasking skills
• Adaptable to using/understanding various system functionalities including Microsoft Office products. Excel proficiency is a non-negotiable requirement, though VBA programming is not required
• Strong team building, partnership and collaboration skills
• Demonstrated ability to prioritize/communicate conflicting demands in a fast-paced environment
• Ability to work independently on assignments of various levels of complexity

What makes you stand out:

CPA, CMA, or MBA preferred

Proficiency in Oracle, Essbase, Alteryx, Tableau, and Workiva is a plus

You can be who you are.

People come first here. We’re committed to an inclusive workforce. Learn more about how we create a welcoming work environment at www.pacificlife.com. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

#LI-TM1

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.