[ Job Description:

Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We're actively seeking a talented Market Risk Analyst to join our Corporate Enterprise Risk Management (ERM) team in Newport Beach. This role can be on-site, hybrid, or 100% remote.

Pacific Life's (PL) Market Risk Management function is an important element of the Corporate enterprise risk management department (ERM) and this role will be supporting the day-to-day oversight of PL's market risk exposures and mitigation activities It will have a broad view of market risk across the organization by working closely with the division, Investment and Treasury teams in the monitoring, measuring and mitigation of market risk across PL. Additionally, as PL's ALM, finance, actuarial functions are transforming, an important aspect of the job will be to enhance and modernize the market risk management function. To achieve this objective, the role will work closely with the ALM, actuarial and investment leadership across the enterprise. This individual will report directly to the VP - Market Risk within Corporate ERM.

How you will make an impact:

• Utilize enhanced Analytics and Risk Monitoring activities to:
  • Manage processes and methodology to ensure consistent, aggregable, frequent and high-quality market risk measurement
  • Design, develop, and implement methods to track and report market risk exposure and effectiveness of risk mitigation
  • Provide necessary modeling and what-if analysis to test enterprise-wide exposures and mitigation
  • Prepare aggregate market risk reporting materials to ERC, Board, and external stakeholder management (e.g. rating agency meetings, due diligence materials)
• Support governance activities to:
  • Lead the 2nd line of defense's effective review and challenge key market assumptions, modeling and results
  • Contribute to the development and maintenance of enterprise market risk policy/standards and enterprise-level limits
  • Assist Head of Market Risk in oversight for market risk exposure and mitigation activities, including related policies and standards.
  • Support division market risk teams by providing tools, metrics and governance for teams to make informed, consistent and transparent ALM decisions in a timely manner
• Bridge the ALM functions across the enterprise through:
  • Uniting ALM teams across the enterprise to facilitate sharing of risk information across functional lines, resulting in an integrated risk management effort and operational efficiencies.
  • Supporting of ALM teams to ensure productivity through clear expectations, removing obstacles, and providing resources, quality decisions & delivering results
• Provide expert advice and support to division ALM and investment teams/functions on market-risk related matters (financial modernization efforts, centrally established assumptions, risk policies/standards)
• Represent ERM in financial modernization efforts involving risk data, modeling and reporting

The experience you will bring:

• Bachelor's degree in Mathematics, Economics, Finance, Actuarial Science, Statistics, or related degree
• Associate of the Society of Actuaries (ASA), preferred
• 4+years of experience
• Strong quantitative, analytical, and problem-solving skills with innate curiosity and attention to detail
• Highly organized with strong time management skills
• Ability to work independently and collaboratively as part of a team
• Strong verbal and written communication skills
• Strong technical skills. Proficiency in Microsoft Excel and experience with one or more of the following: SQL, Python, R, VBA

What will make you stand out:

• Demonstrate the ability to quickly acquire and understand new concepts, technologies, and processes relevant to the role
• Prior experience in Risk Management, Asset and Liability Management
• Prior experience using data transformation and visualization tools such as Tableau, Alteryx, or Power BI

You belong at Pacific Life

At Pacific Life we are committed to a culture of belonging, a space where all employees are empowered to be authentic. One way we cultivate an inclusive culture is through our employee connection groups. The purpose of these employee-led groups is to offer a place to build community, connection, camaraderie, and a sense of belonging. Each group can be active in education, advocacy, recruitment, and community building throughout our organization. Learn more about our employee connection groups at www.pacificlife.com.

Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife. #LI-AJ1 #hybrid

Base Pay Range:

The base pay range noted provides a basis to determine the appropriate offer dependent upon several factors including but not limited to geographic location, experience, skills, education and pay equity. Also, most employees are eligible for additional incentive pay.

$103,000.00 - $128,800.00 - $173,900.00

Your Benefits Start Day 1

Your wellbeing is important to Pacific Life, and we're committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we've got you covered.

• 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

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company. ]