AVP, Economic Reporting & Analysis

Pacific Life•Newport Beach, CA

4d•Hybrid

About The Position

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 in Newport Beach, CA. This role follows a hybrid schedule of four days in the office (on-site). If you are not currently located near one of our offices, we offer comprehensive relocation assistance. Newport Beach, CA is the preferred location for this role, offering opportunities for in-person collaboration with senior leaders and cross-functional partners. We are also open to considering highly qualified remote candidates. For those working remotely, periodic travel to Newport Beach will be required to support business priorities, team engagement, and leadership activities. 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.

Requirements

Bachelor's degree in Accounting, Finance, Actuarial Science, Economics, Mathematics, Business, or related field
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-solving, and communication skills

Responsibilities

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.