Lead Financial Analyst

Pacific Life • Newport Beach, CA

1d

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. We’re actively seeking a Lead Financial Analyst to join our Pacific Life Investment (PLI)Finance team in Newport Beach, CA. How you’ll help move us forward: Key Responsibilities: Continuously enhance planning and forecasting processes, tools, and methodologies to drive greater transparency, efficiency, and accuracy. Produce timely, high-quality financial forecasts, projections, and performance analyses of financial and operational results that clearly articulate the narrative behind the numbers. Prepare financial analyses for determining past financial performance and/or projection of future financial results. Support new and evolving workstreams, adapting responsibilities as priorities and business needs shift. Document and maintain clear, detailed departmental procedures to support consistency, compliance, and knowledge sharing. Planning: Drive and support the annual plan process for the Corporate Surplus and Capital Markets divisions. Accumulate, review, and challenge assumptions and business segment inputs to be utilized in planning and forecasting processes. Develop the plan for impairments and Underwritten Equity, ensuring alignment with other divisions (CMD, ID, and PLRe) for inclusion in their plans. Review and oversee investment-related data for reasonability, coordinating with Investment Strategy and front office. Develop “what if” scenarios to help identify trends and support informed decision-making by key stakeholders. Quarterly and Ad-Hoc Forecasting: Prepare and analyze quarterly financial forecasts and monthly forecasted cashflow projections, ensuring they reflect the latest business conditions and strategic priorities. Respond to ad-hoc forecasting requests from senior management and other stakeholders. Build/refine and present financial models and analyses to address specific business questions. Communicate forecast results and insights to stakeholders in a clear and concise manner. Performance/Management Reporting: Partner with key stakeholders to analyze quarterly results and develop analytics and management reporting that clearly explain business results and inform strategic decision-making. Prepare variance and attribution analysis for internal stakeholders, highlighting key trends and performance drivers. Contribute to the preparation of quarterly board reporting and quarterly business reviews. Support effort to develop comprehensive spread analysis framework, including production of quarterly reports for review with divisions.

Requirements

• Bachelor's degree in finance, accounting, business administration, or a related field.
• 10+ years of experience of progressive experience in professional accounting, FP&A, finance, or actuarial roles, preferably within the Insurance industry.
• Fundamental understanding of financial statements, financial planning, and analysis concepts.
• Strong analytical, technical, and problem-solving abilities, including financial modeling, forecasting, budgeting, and data interpretation.
• Ability to meet and manage multiple responsibilities under tight time frames independently.
• Excellent verbal and written communication skills for effective interactions, with experience working cross-functionally with different departments.
• Strong project management skills to plan, lead, and coordinate initiatives across the divisions.
• Continuous improvement mindset, collaborative and inclusive.
• Proficiency in Excel and PowerPoint.

Nice To Haves

• Advanced Excel skills and proficiency in financial systems and tools, including Copilot, Oracle ERP, Oracle EPM, Tableau, Business Objects, Workiva (WDesk).
• Strong background in financial planning and analysis (FP&A) or corporate finance, particularly in a life and annuity insurance company.
• Demonstrated track record of initiative, innovation, and deep analytical or data-driven capabilities.
• MBA, CPA, CFA, or actuarial certification a plus.

Responsibilities

• Continuously enhance planning and forecasting processes, tools, and methodologies to drive greater transparency, efficiency, and accuracy.
• Produce timely, high-quality financial forecasts, projections, and performance analyses of financial and operational results that clearly articulate the narrative behind the numbers.
• Prepare financial analyses for determining past financial performance and/or projection of future financial results.
• Support new and evolving workstreams, adapting responsibilities as priorities and business needs shift.
• Document and maintain clear, detailed departmental procedures to support consistency, compliance, and knowledge sharing.
• Drive and support the annual plan process for the Corporate Surplus and Capital Markets divisions.
• Accumulate, review, and challenge assumptions and business segment inputs to be utilized in planning and forecasting processes.
• Develop the plan for impairments and Underwritten Equity, ensuring alignment with other divisions (CMD, ID, and PLRe) for inclusion in their plans.
• Review and oversee investment-related data for reasonability, coordinating with Investment Strategy and front office.
• Develop “what if” scenarios to help identify trends and support informed decision-making by key stakeholders.
• Prepare and analyze quarterly financial forecasts and monthly forecasted cashflow projections, ensuring they reflect the latest business conditions and strategic priorities.
• Respond to ad-hoc forecasting requests from senior management and other stakeholders.
• Build/refine and present financial models and analyses to address specific business questions.
• Communicate forecast results and insights to stakeholders in a clear and concise manner.
• Partner with key stakeholders to analyze quarterly results and develop analytics and management reporting that clearly explain business results and inform strategic decision-making.
• Prepare variance and attribution analysis for internal stakeholders, highlighting key trends and performance drivers.
• Contribute to the preparation of quarterly board reporting and quarterly business reviews.
• Support effort to develop comprehensive spread analysis framework, including production of quarterly reports for review with divisions.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level