Sr. Executive Benefits/COLI Case Design Analyst

Pacific Life • Newport Beach, CA

4d • Onsite

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 talented Sr. Executive Benefits/COLI Case Design Analyst to join our Executive Benefits Unit in Newport Beach, CA. This role is on-site 4 days a week. You'll work at our state-of-the-art Newport Beach headquarters. As a Sr. Executive Benefits/COLI Case Design Analyst, you'll move Pacific Life, and your career, forward by supporting the growth of Pacific Life's COLI and Corporate Sponsored Life Insurance (CSLI) sales by providing plan design and product expertise to our Executive Benefits Field Vice President (FVP). The ideal candidate will have strong knowledge of Private Placement COLI products & pricing mechanics, demonstrated analytical skills and strength with financial modeling in Excel and illustration software. You will fill an existing role that sits on a team of 3 people in the Consumer Market Division.

Requirements

• 4-year degree or equivalent experience
• 8+ years in the life insurance industry, including 5+ years in COLI Non-Qualified Deferred Compensation design
• Strong knowledge of all Executive Benefits (COLI and non-COLI) products and marketplace
• Ability to handle a variety of concurrent projects, servicing clients proactively, as well as reacting appropriately to changing priorities
• Ability to communicate effectively in person, in writing, and on the phone
• Attention to detail
• Analytical and creative problem-solving skills
• Ability to organize tasks and data
• Math aptitude
• Proficient in life insurance illustration software; familiarity with Elective Deferral, SERP, and Split Dollar concepts and associated proposal development programs
• Experience working in MS Office (particularly Powerpoint and Excel)
• Position requires FINRA Series 6, 63, SIE, and Life licenses within 180 days of Start

Nice To Haves

• Knowledgeable of Pacific Life products
• Strong user of Pacific Life's Illustration software
• Strong knowledge of all Executive Benefits (COLI and non-COLI) products and marketplace
• Experience preparing and delivering presentations, especially in PowerPoint. Can present complex details in an easily understandable format.
• Excellent analytical, problem-solving, and decision-making skills.
• Self-starter with a growth mind-set focused on continual improvement.
• Is flexible with the ability to accept and manage change.
• Thrives as a member of a highly collaborative and cohesive team.

Responsibilities

• Work collaboratively with the FVP, advisors, and TPAs to design comprehensive executive benefit programs
• Maintain strong familiarity with COLI and CSLI executive benefits products & riders
• Compile data and plan design parameters from a variety of sources
• Use illustration software to create new business and inforce COLI illustrations
• Provide accurate deliverables, including financial analysis and proposals, in a timely manner
• Assist with presentations to prospects and clients as requested
• Maintain an inventory of active cases and provide periodic status updates
• Coordinate with New Business teams to ensure timely policy issue, provide corrected or revised illustrations promptly when requested
• Create and maintain plan documentation
• Participate in team meetings and contribute to the overall growth of the Corporate Solutions team
• Contribute to product development efforts by conducting competitive studies and recommendations for product enhancements
• Promote and market Pacific Life products to win the business

Benefits

• Prioritization of your health and well-being including Medical, Dental, Vision, and a 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: Senior
• Number of Employees: 1,001-5,000 employees