Sr. Product Development Specialist

Pacific Life•Newport Beach, CA

22h•$124,830 - $152,570•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. We’re actively seeking a talented Senior Specialist, Product Development to join our Product Solutions team in Newport Beach, CA or Omaha, NE. Our new Workforce Benefits Division seeks to disrupt the group benefits industry with a digital first strategy. 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, you will be required to relocate. We offer comprehensive relocation assistance. The Senior Specialist, Product Development is responsible for serving as a primary support resource for group Life/AD&D and Disability (STD & LTD) products, driving key product development activities. You will report to the Director of Life, Disability & Absence and play a pivotal role in shaping product strategy, optimizing lifecycle management and providing influence and direction by guiding cross-functional teams and ensuring products remain competitive, compliant and closely aligned with evolving customer needs.

Requirements

5-7+ years’ experience in group insurance products, specifically Life/AD&D and STD & LTD.
Experience with regulatory compliance, product filings and benefit technology ecosystems preferred.
Proven collaboration within cross-functional teams
Strong project management skills; adept at balancing multiple priorities in a fast-paced environment.
Excellent communication, presentation and relationship management abilities.
Strategic thinker with a record of delivering results and driving innovation.
Experience and knowledge of other group insurance products, specifically absence management inclusive of statutory disability, PFML, leave management and other paid/unpaid leave programs.

Responsibilities

Develop and execute product strategies and roadmaps that align with organizational goals and evolving market dynamics.
Demonstrate deep expertise and proactively expand knowledge in assigned products, consistently tracking industry trends and assessing their implications.
Collaborate closely with leadership to integrate these insights into both current operations and future strategic initiatives.
Help support ongoing management and optimization of assigned products.
Create and update reference material.
Collaborate with actuarial, underwriting, legal, compliance, distribution, operations and technology teams to deliver solutions and influence all aspects of product delivery.
Provide technical input for product filings, marketing materials and other artifacts.
Analyze product performance, conduct competitive benchmarking and incorporate internal and external customer feedback to drive improvements and business results.
Support internal teams with product knowledge and updates.
Foster effective communication and partnership across internal and external stakeholders.
Implement process enhancements to improve efficiency and quality.
Monitor regulatory changes to ensure ongoing compliance.
Support existing and future value-add programs for assigned products.

Benefits

Medical
Dental
Vision
Wellbeing Reimbursement Account
Paid Time Off
Holiday Schedules
Financial Planning Time Off
Paid Parental Leave
Adoption Assistance Program
Competitive 401k savings plan with company match and an additional contribution regardless of participation