Senior Financial Analyst I

Pacific Life • Newport Beach, CA

6d • $103,140 - $126,060 • Onsite

About The Position

Pacific Life is seeking a Senior Financial Analyst I to join its Financial Planning and Analysis team in Newport Beach, California. The role analyzes Life Insurance and Annuity earnings results compared with plan, combining curiosity about business drivers with technical expertise using financial systems. It is an existing position on a five-person team in the Consumer Markets Division, collaborating with Financial Analysts, Actuaries, and other Finance professionals, as well as colleagues in Valuation, Sales, Expense, and Investment areas. The team develops and communicates business-driver explanations of results for internal management.

The analyst facilitates quarterly GAAP and STAT close and internal management reporting for Life. The position provides findings and research on plan variances, analyzes historical product-line trends to validate plan assumptions and identify anomalies, compiles data for rating agency surveys and internal dashboards, and recommends improvements to CMD Finance procedures. It also applies business knowledge to improve services and resolve longer-term problems, works with internal and external experts to identify solutions aligned with business strategies, and develops solutions to complex problems with minimal supervision.

The posted base pay range is $103,140 to $126,060. Actual compensation depends on factors including experience, qualifications, and geographic location; most employees are eligible for additional incentive pay. Pacific Life describes its benefits as flexible and customizable, with benefits beginning on day one.

Requirements

• At least 5 years of financial reporting and analysis experience, preferably in the Life Insurance and Annuity industry.
• Strong leadership, organizational, interpersonal, analytical, and problem-solving skills.
• Organizational, time-management, project-management, oral and written communication, and multitasking skills.
• Adaptability in using and understanding different system functionalities, including Microsoft Office products.
• Excel proficiency; VBA programming is not required.
• Strong team-building, partnership, and collaboration skills.
• Ability to prioritize and communicate conflicting demands in a fast-paced environment.
• Ability to work independently on assignments of varying complexity.

Nice To Haves

• CPA, CMA, or MBA.
• Proficiency in Oracle, Essbase, Alteryx, Tableau, and Workiva.

Responsibilities

• Facilitate the quarterly close process for GAAP and STAT internal management reporting requirements for Life.
• Provide timely, relevant, and accurate findings and research to Consumer Markets Division Finance, primarily regarding variances to plan by business driver.
• Analyze historical CMD 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.
• Evaluate current CMD Finance procedures and recommend value-added process improvements.
• Use business knowledge and best practices to improve services and solve long-term problems.
• Work with internal and external experts to consider options and identify solutions aligned with business strategies.
• Develop solutions to complex problems with minimal supervision, using ingenuity and creativity.

Benefits

• Medical, dental, and vision coverage.
• Wellbeing Reimbursement Account for eligible employees or dependents.
• Paid time off, holiday schedules, and Financial Planning Time Off.
• Paid parental leave.
• Adoption assistance program.
• 401(k) savings plan with company match and an additional company contribution regardless of participation.
• Additional incentive pay eligibility for most employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed