Sr. Financial Analyst II

pacificlife; Newport Beach (CA); On-site; USD 125,000 - 153,000; Full time

Benefits offered by this job

Medical, Dental, Vision

Paid time off

Job summary

Pacific Life in Newport Beach, CA seeks a Senior Financial Analyst II to advance financial planning and analysis by evaluating Life Insurance and Annuity earnings against Plan. You will investigate drivers of results, challenge assumptions, and collaborate with actuaries and sales to improve forecasting accuracy.

You will lead colleagues, manage complex analyses, and contribute to process improvements across CMD Finance, delivering reliable insights and strategic recommendations for management.

Qualifications

• 8+ 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.
• Strong team building, partnership and collaboration skills.
• Demonstrated ability to prioritize/communicate conflicting demands in a fast-paced environment.

Responsibilities

• Facilitate the quarterly close process for GAAP and STAT Internal Management reporting requirements for Life, including:
• Provide timely, relevant, and accurate findings/research to CMD Finance, mainly around variances to Plan by business driver
• Collaborate with Actuarial, Sales, Experience Studies, and Expense Management teams to understand business drivers for robust forecasting
• Analyze CMD historical trends by product line to validate Plan assumptions and identify anomalies in current period results
• Participate in the annual financial Plan cycle and understand how Plan results are produced by Actuarial models
• Facilitate continuous process improvement for CMD Finance by evaluating procedures and recommending improvements
• Use best practices and knowledge of internal or external business issues to improve services and solve long-term problems.
• Develop solutions to complex problems with minimal supervision, requiring ingenuity and creativity
• Provide guidance to staff regarding procedures, systems, and analyses to develop talent around CMD Finance.

Skills

Financial analysis

GAAP reporting

Excel proficiency

Leadership

Project management

Communication

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 II to join our Financial Planning and Analysis team in Newport Beach, CA. As a Senior Financial Analyst II 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
• Collaborate with Actuarial, Sales, Experience Studies, and Expense Management teams to understand business drivers for robust forecasting
• Analyze CMD historical trends by product line to validate Plan assumptions and identify anomalies in current period results
• Participate in the annual financial Plan cycle and develop an understanding of how our Plan results are produced by Actuarial models compared to historical results
• 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
• Provide guidance to staff regarding procedures, systems, and analyses in order to develop talent around CMD Finance.

The experience you bring

• 8+ 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.

$124,830.00 - $152,570.00

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 Sc