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Senior Business Analyst - Institutional Pricing

Role overview

Qualifications

  • 1-2+ years of related work experience
  • Experience in MS Office Suite
  • Excellent communication skills
  • Detail oriented and able to multi-task

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

Key facts

Hard skills

Other skills

  • Microsoft Office
  • Communication
  • Detail Oriented
  • Multitasking

About the company

Pacific Life logo

Pacific Life

Insurance

For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2023 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial strength ratings, visit www.PacificLife.com. Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2022 is compiled by Pacific Life using the 2022 FORTUNE 500® list. Learn more about Pacific Life: www.instagram.com/pacificlife www.twitter.com/pacificlife www.facebook.com/PacificLife www.youtube.com/user/PacificLifeInsurance Please review our social media guidelines: paclife.co/social

Company details

Company typeXLarge
IndustryInsurance
Company size1001 - 5000

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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.

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Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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